SA Covid-19 deaths at 10,500; govt wants SAP to repay R400m; Tencent; SA hospitality crisis
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In today's news headlines:
* About 10,500 people have died of Covid-19 in South Africa, with the total number of reported cases at around 560,000. The number of global Covid-19 cases is now around 20m.
* Tencent Holdings, the Chinese tech giant that underpins Naspers and its Amsterdam-listed Prosus, added to Friday’s sharp decline to start the week, putting the stock’s two-day loss of market value at $66bn.
* Listed hotel group Sun International announced two of its casinos won’t reopen after the country’s coronavirus lockdown ends. The Covid-19 shutdown has wiped out income for accommodation providers and South Africa's tourism sector is in crisis.
* South African investigators are seeking to recover more than R400m from German software firm SAP for two government contracts they allege were entered into unlawfully. Learn more about your ad choices. Visit megaphone.fm/adchoices
* About 10,500 people have died of Covid-19 in South Africa, with the total number of reported cases at around 560,000. The number of global Covid-19 cases is now around 20m.
* Tencent Holdings, the Chinese tech giant that underpins Naspers and its Amsterdam-listed Prosus, added to Friday’s sharp decline to start the week, putting the stock’s two-day loss of market value at $66bn.
* Listed hotel group Sun International announced two of its casinos won’t reopen after the country’s coronavirus lockdown ends. The Covid-19 shutdown has wiped out income for accommodation providers and South Africa's tourism sector is in crisis.
* South African investigators are seeking to recover more than R400m from German software firm SAP for two government contracts they allege were entered into unlawfully. Learn more about your ad choices. Visit megaphone.fm/adchoices
