The Covid-19 pandemic is a humanitarian catastrophe that continues to pulse across the globe. Its impact has been far-reaching internationally, in our country and on many of our listed companies on the JSE.
The National Treasury and the Reserve Bank — staffed by world-class officials who produce top-quality analysis and operate with a high degree of transparency — have long been regarded as two of the strongest pillars propping up SA’s flagging institutional capacity.
If, as expected, President Cyril Ramaphosa does announce the opening of the rest of the economy this week, he might channel the British economist John Maynard Keynes and say when facts change, he changes his mind.
In an e-mail sent on April 5 2012, Facebook CEO Mark Zuckerberg wrote: "I just need to decide if we’re buying Instagram." In another, he added: "Instagram can hurt us meaningfully without becoming a huge business."
Growthpoint Properties’ quest to build a R10bn real estate fund that invests exclusively in hospitals, medical facilities and research laboratories is poised for a big shot in the arm. SA’s first such fund is in talks to secure R1.4bn from the International Finance Corp (IFC).