The National Director of Public Prosecutions Advocate Shamila Batohi, has welcomed the arrest of seven of eight suspects in connection with the looting at the Venda Building Society Mutual Bank (known as VBS) between 2015 and 2018.
Investors are diversifying bets in the healthcare sector, as the rush to develop treatments for COVID-19 has driven up prices for some pharmaceutical stocks.
The pound fell sharply on Friday, losing nearly 1% against the euro and the dollar as worries about the fast-spreading coronavirus sent investors out of currencies deemed riskier.
President Cyril Ramaphosa says a more capable and configured cabinet will be announced soon. He says the structure of his new cabinet will align to government key priorities to grow the economy and create jobs.
President Cyril Ramaphosa says investors should not be deterred from seeking investment opportunities in the country – amid the land reform debate in South Africa.