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Flash Briefing: 4,000 South Africans get Covid AGAIN; SAA wants another R3.5bn; SABC tax revolt; Liberty; Sasol

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by February 25, 2021 Financial News

* About 4,000 cases of re-infection with Covid-19 have been found in South Africa,Barry Schoub, the chair of the country’s Ministerial Advisory Committee on Vaccines, said.* Administrators for South African Airways have asked for another R3.5bn in taxpayer funds but no money has been set aside.* The SABC is facing an uphill battle to increase TV licence compliance rates, as it faces a tax revolt against corruption and mismanagement at the state broadcaster, reports MyBroadband.co.za.* Liberty Holdings expects to report a loss for the year ended in December after the Covid-19 pandemic hammered its insurance operations in South Africa. * Norway’s $1.3trn wealth fund blacklisted 15 companies for ethical misconduct – including AngloAmerican, Sasol, Glencore. …

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Author: BizNews The Daily Insider

This article was originally posted on BizNews.

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