covid-19 coronavirus

  1. Hanno Labuschagne

    Twitter files don't even mention Bill Gates, let alone "expose" him

    Twitter Files don't mention, let alone "expose" Bill Gates — fact check Social media posts claim Elon Musk’s Twitter Files “exposed” Bill Gates “so hard” that the Microsoft co-founder turned off comments on his tweets. But the Twitter Files, released in December 2022, don’t discuss Gates. And...
  2. Hanno Labuschagne

    Samsung holding first in-person launch event since start of Covid-19 outbreak

    Samsung holding first in-person launch event since start of Covid-19 outbreak Samsung Electronics Co. plans to host its first in-person product launch in three years at the start of next month. The world’s biggest smartphone maker will introduce its latest Galaxy flagship devices at an...
  3. Hanno Labuschagne

    Foxconn reports over 11% decline in iPhone sales after Covid-related unrest

    Foxconn reports over 11% decline in iPhone sales after Covid-related unrest Hon Hai Precision Industry Co. reported sales for November were down 11.4% from the prior year after some shipments were affected by a Covid outbreak in the Chinese city of Zhengzhou, where the company operates the...
  4. Hanno Labuschagne

    Bitcoin hit by China unrest over Covid-zero restrictions

    Bitcoin hit by China unrest over Covid-zero restrictions Cryptocurrencies slid Monday amid a bout of investor anxiety in global markets sparked by protests in China against Covid restrictions. Bitcoin, the largest token, at one point shed 3.2% and was trading at about $16,170 as of 12:40 p.m...
  5. Jan

    Outsurance says infectious diseases policy exclusion not for car accidents

    Outsurance policies now have an exclusion for driving while sick — what it means Outsurance has clarified an exclusionary clause that many South Africans understood to mean that their policies would not pay out if they were involved in a car accident while ill. The clause — which people...
  6. Jan

    Ellies fires 8 workers for refusing Covid-19 vaccines

    Ellies fires workers over Covid–19 vaccines Ellies has dismissed eight employees for refusing to comply with the company’s Covid–19 vaccine mandate. The staff were placed on “no work, no pay” from 1 July, ahead of their incapacity hearings conducted later in the month.
  7. Jan

    NICD and DoH end daily Covid-19 case updates - will resume if something changes

    South Africa ends daily Covid-19 case updates The National Institute of Communicable Diseases (NICD) and National Department of Health will stop publishing daily updates on Covid-19 cases and deaths in South Africa after Friday. The NICD is a national public health institute that provides...
  8. Jan

    Ellies issues loss warning

    Ellies tanks on loss warning Ellies share price tanked on Friday after issuing a warning to shareholders that it expects to report a headline loss of between 6.49 and 7.77 cents per share. Last year the company reported headline earnings per share of 9.19 cents.
  9. Jan

    Telkom mandatory vaccination policy kicks in 1 June

    Telkom implementing mandatory Covid–19 vaccination policy Telkom has informed staff that it will implement a mandatory vaccination policy across the company for people accessing Telkom Group premises. A spokesperson has confirmed the policy to MyBroadband and clarified that it only applies to...
  10. Jan

    Many private Covid-19 vaccination sites in South Africa are shutting down

    South Africa is shutting down many Covid-19 vaccination sites Many private Covid-19 vaccination sites in South Africa are shutting down because they are no longer financially viable. At the same time, public sites might also function at a lower capacity as the sector is shifting its attention...
  11. Hanno Labuschagne

    Apple shares hit by closure of Foxconn factory

    Apple shares hit by closure of Foxconn factory Apple Inc. shares fell on Monday, closing below their 200-day moving average for the first time since June, after the iPhone maker’s supplier Foxconn halted operations at its Shenzhen sites following a government-imposed lockdown. Shares dropped...
  12. Jan

    Massmart releases annual results - Game trading loss increases to over R1 billion

    Game drags down Makro with R1 billion loss Massmart has released its 2021 financial results for the 52 weeks ended 25 December 2021, reporting a R2.20 billion net loss. This is 25.7% worse than the R1.75 billion loss the company reported last year.
  13. Jan

    Mustek reveals how tech manufacturers were hit by Covid-19 disruptions and July riots

    South African tech manufacturers hammered by Covid-19 and July riots Several tech manufacturers in South Africa were hit hard by the Covid-19 pandemic and subsequent lockdowns, with critical elements such as shipping taking almost twice as long as it did pre-pandemic. And if that wasn't...
  14. Jan

    Plan to "cautiously withdraw" South Africa's state of disaster

    South Africa will "cautiously withdraw" Covid-19 state of disaster Public service and administration minister Ayanda Dlodlo says work is underway to “cautiously withdraw” the National State of Disaster in line with the risk-adjusted strategy. Dlodo said this when Ministers in the Governance...
  15. Jan

    Massmart warns of major loss in 2021 due to looting, Covid-19, and global supply chain disruptions

    Makro and Game owner lost R1.5 billion in 2021 Massmart has warned shareholders to expect 60% to 70% higher headline losses for the 52 weeks ended 26 December. Net losses for the period are also expected to be between 51% and 61% higher than last year.
  16. Jan

    Plan to end the State of Disaster

    Ramaphosa wants to end State of Disaster — what must happen President Cyril Ramaphosa affirmed his intentions to end the national state of disaster during his State of the Nation address on Thursday, 10 February 2022. "It is my intention to end state of disaster as soon as we have finalised...
  17. Jan

    Massmart sales weakened by alcohol bans, riots, chip shortage

    Massmart sales wrecked by riots and alcohol bans Makro and Game owner Massmart has reported that its general merchandise sales, its second-largest sales category, was 9.7% lower in the fourth quarter of 2021 compared to the same period in 2020. “Sales were impacted by various factors...
  18. Jan

    South African school students in Grade R to Grade 4 are very far behind - research

    Grade 1s in South Africa can't work out 4 minus 1 Experts are warning that the positive spin on South Africa's latest matric results in the wake of the Covid-19 pandemic is ignoring the overall devastating impact the last two years have had on younger learners. A lot of the recent focus has...
  19. Jan

    Ellies hammered after warning of 24.6% revenue decline

    Ellies hammerblow Ellies has alerted shareholders that it expects to report a revenue decline of 24.6% for the period between May and October 2021. "The general trading environment in this period has remained constrained in the wake of the ongoing Covid-19 pandemic, the unrest and related...
  20. Jan

    MTN to implement vaccine mandate for staff

    MTN announces Covid-19 vaccine mandate MTN says that it will implement a mandatory vaccination policy for staff from January 2022, as part of its commitment to protect the health and safety of its people and workplaces, and contribute towards the rate of Covid-19 vaccinations across its markets...
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