From Business Insider South Africa:

Here's what govt will pay employees of closed, distressed businesses during lockdown

Every SA website must promote the govt portal on Covid-19, and cell number transfers banned

‘I’ve never heard anything like this’: radio presenter Bruce Whitfield breaks down on air

Covid-19 update: Lockdown starts in South Africa

If you smoke, prepare to argue cigarettes are a basic good – or go without during lockdown

Please keep donating blood during lockdown, say blood services – here’s where and how you can

Here's how UIF money will help clothing workers during lockdown

Takealot to stay open during lockdown - but pauses payments for now

Makro remains open during lockdown

Instead of Savanna and Klipdrift, some local distilleries are now making hand sanitiser

Discovery Vitality drops weekly exercise requirement further due to Covid-19

This SA gym is renting out its equipment during lockdown to keep paying its staff

Today's headlines:

1. South Africa entered a shut-down at midnight, with several people already arrested for allegedly disregarding lockdown rules. Read more.

2. Get ready for the Moody's blues: South Africa will probably be downgraded to junk before the end of today. But the impact on the rand and bond yields may be muted as the fiscal position of many other countries has also deteriorated since the start of the coronavirus crisis. The rand was last stronger at R17.17/$.

3. Edcon - owner of Edgars and Jet - may not survive the lockdown, its CEO Grant Pattison warned yesterday. The company has seen its sales halve in recent weeks, and it is now R400m below forecasted sales and cash for the month. Read more.

4. As the US overtakes China with the most coronavirus cases (82 400), the country has reported a record number of unemployment claims (3.3 million) in a week. Still, Wall Street boomed for the third consecutive day. The US House of Representatives is expected to approve a $2.2 trillion stimulus plan today. 

5. According to new government regulations, every website with a domain name that ends in .za – from government portals to private blogs – must now link to the government's main Covid-19 page on its front page. Read more.

Graph of the day

Wall Street has just seen its biggest three-day gain since 1933:

S&P 500 Index. Source: Jeroen Blokland

Utterly useless fact of the day

Egyptian authorities have ordered its pyramids be disinfected to stop the coronavirus from spreading. Read more.

Tweets of the day

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