Flash Briefing: Riots cost SA R50bn; Pfizer to produce vaccines in Cpt; J&J vaccine less effective against delta

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News headlines:
*A week of deadly riots in South Africa could cost the country about 50 billion rand ($3.4 billion) in lost output, while 150,000 jobs have been placed at risk, the Presidency said, citing estimates from the South African Property Owners Association.
*Pfizer Inc. said it reached an agreement to start production of its Covid-19 vaccine at a facility in Cape Town in an effort to deliver more than 100 million doses annually to African nations.
*A study found that Johnson & Johnson’s Covid-19 vaccine is much less effective against the delta and lambda variants than against the original virus, the New York Times reported. Learn more about your ad choices. Visit megaphone.fm/adchoices
21 Jul 2021 7AM English South Africa Investing · Business News

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