From Business Insider South Africa:

Level 3 is coming soon – but it won’t look as different from Level 4 as originally planned

SA’s junk downgrade was supposed to trigger a R250bn sell-off – here’s what really happened

Nedbank is testing an app named after a fruit for getting a locksmith – and doing banking too

WATCH | Hyena steals impala from massive python

Here are the risk levels of everyday activities, according to an infectious-disease expert

Trump says he takes hydroxychloroquine - a drug not shown to be safe and effective in treating Covid-19

Today's headlines:


1. South Africa is due to start reopening schools on 1 June, basic education minister Angie Motshekga announced yesterday.

2. More than 40 000 people are expected to die from the coronavirus in South Africa by November, one million people will be infected and the country is unlikely to have enough ICU beds at the peak of the pandemic.  This according to a presentation by a group of scientists advising the government on projections and modelling to inform policy and regulations. Meanwhile MediClinic has told staff it expects 200 000 Covid-19 cases in the Western Cape by early July, while it expects cases in Gauteng to reach 100 000 by November.

3. Dis-Chem – which is refusing to pay full rent during lockdown - has reported a 12% increase in revenue to R24 billion for the year to end-February.  

4. The business rescue practitioners of Comair, the owner of kulula.com and the local operator of British Airways, believe there's a reasonable prospect for the airline to be saved. Read more.

5. Denel can’t pay salaries for May as its financial position worsens. Read more.

Chart of the day

JSE share prices over the past five years. Source: Traderscorner.co.za

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