Sarb expects economy to have contracted more than 40% in Q2

South Africa in the news:

• Sarb expects economy to have contracted more than 40% in Q2: South Africa’s economy probably contracted by an annualised 40.1% in the second quarter, according to central bank forecasts. The monetary policy committee used that estimate for the quarterly drop in …: “South Africa” – BingNews
  
• COVID-19 lockdowns blocked flu in some places but fall looms: Winter is ending in the Southern Hemisphere and country after country — South Africa, Australia, Argentina — had a surprise: Their steps against COVID-19 also apparently blocked the flu. But there’s …: “South Africa” – BingNews
  
• The Ferrari Roma also features variable boost management: Celebrating the debut of the new Ferrari Roma and essence of “La Nuova Dolce Vita”, Scuderia South Africa continues to lead at the forefront of innovation and modernisation, with the reveal of the …: “South Africa” – BingNews
  
• Alcohol industry supports government’s enforcement measures: We call on the traders and consumers alike to abide by all the lockdown rules and make sure that their drinking occasions do not contribute to the spread of infections and unnecessary burden on the …: “South Africa” – BingNews
  
• BRICS Industry ministers attend video meeting to discuss cooperation boost in 5G, AI: The meeting of the five members bloc which includes Brazil, Russia, India, China, and South Africa adopted a joint statement on cooperation in the new …: “South Africa” – BingNews