The JSE plunged more than 8% on Monday after the SA government said that it could declare a state of emergency if the number of coronavirus cases escalates.
If SA’s growing outbreak of Covid-19 is not swiftly contained, the government could impose a state of emergency, institute lockdowns and quarantine people away from their homes, health minister Zweli Mkhize warned on Monday.A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Times Select.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more: