Actuaries slam SA Covid-19 forecasts; NHI is back on Cyril's desk; Steinhoff perks up; Amazon smashes barrier
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In today's news headlines:
* Actuaries have slammed Covid-19 forecasts for South Africa, warning that they are overly pessimistic and that the damage to the economy is out of kilter with strict Covid-19 containment measures;
* President Cyril Ramaphosa has indicated that the National Health Insurance plan for South Africa is back in the government’s sights;
* Steinhoff International rose the most in almost three months after the retailer confirmed it’s working on ways to settle R192bn of legal claims following an accounting scandal that almost destroyed the company; and
* Amazon.com rallied on Monday, with the stock extending a recent advance deeper into record territory and topping $3,000 for the first time.
* Actuaries have slammed Covid-19 forecasts for South Africa, warning that they are overly pessimistic and that the damage to the economy is out of kilter with strict Covid-19 containment measures;
* President Cyril Ramaphosa has indicated that the National Health Insurance plan for South Africa is back in the government’s sights;
* Steinhoff International rose the most in almost three months after the retailer confirmed it’s working on ways to settle R192bn of legal claims following an accounting scandal that almost destroyed the company; and
* Amazon.com rallied on Monday, with the stock extending a recent advance deeper into record territory and topping $3,000 for the first time.
