CR: lockdown to ease by June, but you still can't buy ciggies, flipflops; Patel clothing farce; property price plunge

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In today's news headlines:
* President Cyril Ramaphosa has announced that the lockdown is expected to ease further by the end of May. He apologised for government short-comings but stopped short of allowing South Africans to buy cigarettes, booze and flipflops;
* The Democratic Alliance has urged the president to axe the minister responsible for trade and industry for a "frankly mad" set of regulations about what South Africans can and cannot buy during the Covid-19 containment lockdown;
* A retired judge has slammed South Africa’s lockdown, saying it no longer passes the rule of law tests. Rex Van Schalkwyk, Chairman of the FMF Rule of Law Board of Advisors and a former Supreme Court Judge, examines the house arrest to which the entire population has been subjected for the past several weeks, finding the lockdown remains illegitimate, and therefore tyrannical;
* The National Treasury will put forward a fresh budget on June 24th that takes into account a R500bn stimulus package aimed at easing the economic impact of the coronavirus outbreak; and
* South African estate agents are warning sellers to brace for property selling prices to plunge by 20-30%. Learn more about your ad choices. Visit megaphone.fm/adchoices
13 May 2020 12PM English South Africa Investing · Business News

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