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Flash Briefing: Covid variants get name changes, SA's is now Beta - WHO; unemployment rises; S&P500 CEO pay hikes

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* South Africa’s official unemployment rate rose to a new high in the first quarter as the construction and trade industries shed jobs, says Statistics SA.
* The World Health Organisation has changed the way it names Covid-19 variants in an effort to de-stigmatise some countries.
* South African miner Sibanye-Stillwater says it will buy back up to 5% of its shares in the market.
* Median pay reached $13.4m for chief executives of the biggest US. companies in 2020, setting a fifth straight annual record/ in a year when businesses and their leaders battled a global pandemic, says The Wall Street Journal. Learn more about your ad choices. Visit megaphone.fm/adchoices

1 Jun 2021 10AM English South Africa Investing · Business News

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