09 April 2020
Cabinet is still ironing out the details of a package to help buoy the SA economy, as the country deals with the impact of an extended lockdown to help slow down the spread of the Covid-19. But an analyst warns that the damage is done.
Top African National Congress officials are at loggerheads over whether the country should ask the International Monetary Fund and World Bank to shore up its finances as it confronts the coronavirus pandemic.
After falling to a record low against the dollar earlier in the week, the rand strengthened to below R18 against the greenback on Thursday.