From Business Insider South Africa:
ANALYSIS: Govt has cited the science behind SA’s cigarette ban – but it doesn’t add up
Diesel is in short supply around SA – and these areas could be worst affected
Restaurants demand govt explains why they must remain shut - as mosques, churches can open doors
Even workers who are not registered with the UIF can now get Covid-19 payouts
Domestic workers can now get coronavirus cash from the UIF – even if they're not registered
Freak cable break halts new round of applications for UIF Covid-19 cash
3 ways to cut through brain fog and stress onset by the Covid-19 pandemic, according to an expert
Elon Musk's launch of astronauts was scrapped because of a storm, just 17 minutes before liftoff
Today's headlines:
1. Abel Sithole has been appointed as the CEO of the Public Investment Corporation. He currently heads the Government Employees Pension Fund
2. Woolworths may give its Australian businesses up to R1.1 billion in funding support to survive the impact of Covid-19.
3. Former SAA chair Dudu Myeni has been declared a delinquent director in terms of the Companies Act.
4. PSG will offload 28% of its stake in Capitec Bank to its shareholders.
5. SA banks may be better placed than their European counterparts to weather the Covid-19 storm, but they are not immune to collapsing, the South African Reserve Bank warned yesterday.
Chart of the day
Property sales in Cape Town has been plummeting the last 4 to 5 years. Average sale prices are at levels seen 5 years ago.Some action to come in this area as C19 grip tightens. Source: Property24 pic.twitter.com/nejmtA2sW5
— Johann Biermann ?????? (@JohannBiermann1) May 26, 2020
Tweet of the day
If you don’t check Twitter for two days and come back, everyone’s already joking about a controversy you’ve never heard of. Suddenly every tweet is like “Buzz Lightyear is NOT misogynistic, here’s proof” and it’s a picture of a wheelbarrow and Danny DeVito with 40,000 likes
— Dan Gurewitch (@DanGurewitch) May 27, 2020
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