Shares in JSE-listed firms that depend on tourism and hospitality showed a mixed reaction on Monday to weekend developments, which included the extension of the level 4 lockdown by two weeks.
Surging Covid-19 numbers, particularly in Gauteng, prompted expectations of further lockdowns, but the rand also came under pressure as political violence flares in the wake of former president Jacob Zuma’s imprisonment...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.
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