SA to ease restrictions on restaurants, other businesses, sports; Aspen Covid-19 drug; Tongaat Hulett

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In today's news headlines:
* Although Covid-19 cases are rising sharply, South Africa is set to lift some lockdown restrictions soon to ease the economic burden and curb job losses. This was the announcement by President Cyril Ramaphosa on Wednesday night in his address to the nation;
* Dexamethasone, manufactured in SA and Germany under a global licence by Johannesburg-listed Aspen, has been hailed as a major breakthrough in the global battle to reduce the number of deaths from Covid-19;
* National Director of Public Prosecutions Advocate Shamila Batohi says the tide against corruption is turning. This follows the arrests of in connection with the looting of R2bn worth of pensioners funds at VBS Mutual Bank; and
* Troubled sugar producer Tongaat Hulett said on Wednesday it would sell a sugarcane farm in eSwatini to the country’s public pension fund for R375m. Learn more about your ad choices. Visit megaphone.fm/adchoices
17 Jun 2020 3PM English South Africa Investing · Business News

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