Rand rallies on Moderna Covid-19 vaccine hope; 3m lost jobs in April; tourism sector calls for boycott of insurers
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In today's news headlines:
* Consumer price growth has fallen to a 15-year, prompting speculation that there will be another interest rate cut.
* 3m South Africans lost their jobs, of which 2m were women; 1.5m got no pay in April.
* Tourism-related companies are calling for a boycott of companies like Santam and Guardrisk over their failure to pay up for business interruption as a result of the Covid-19 shutdowns.
* Eskom says it is in the dark about how long load-shedding will last.
* The British and Irish Lions tour to South Africa is to go ahead as planned.
* Rand has a good day amid news that Moderna has produced a promising Covid-19 vaccine.
* Consumer price growth has fallen to a 15-year, prompting speculation that there will be another interest rate cut.
* 3m South Africans lost their jobs, of which 2m were women; 1.5m got no pay in April.
* Tourism-related companies are calling for a boycott of companies like Santam and Guardrisk over their failure to pay up for business interruption as a result of the Covid-19 shutdowns.
* Eskom says it is in the dark about how long load-shedding will last.
* The British and Irish Lions tour to South Africa is to go ahead as planned.
* Rand has a good day amid news that Moderna has produced a promising Covid-19 vaccine.
