From Business Insider South Africa:

Absa customers (in good standing) are about to be invited to a 3-month Covid-19 debt holiday

Payouts of up to R6 700 per month: This is what workers in struggling firms could get from govt

Coronavirus: Standard Bank extends payment holidays to personal accounts too

South Africa is ‘junk’ – here’s what that means to you

SA’s slow internet update: cable repair ship is underway, break could be fixed 4 April

Here's how much Patrice Motsepe will be worth after donating R1 billion

‘High level’ talks are now underway to allow cigarette sales during SA’s lockdown

Flu vaccines can help fight Covid-19 - but South Africa doesn't have enough

You can now use any Saswitch ATM without extra fees, to stop unnecessary travel

Covid-19 update: Number of cases in SA increase to 1 280; second death confirmed

South Africans are turning their offline businesses into online ones in the face of Covid-19 closures

Medical aids have been asked to not simply kick out members who miss payments

TAKE A LOOK: What you can find at Pick n Pay, Woolies and others during lockdown

Covid-19 in South Africa: Here's how you can help

Discovery Vitality doubles food cashback, plans online fitness programmes

Today's headlines:

1. Following Moody’s downgrade of South Africa to junk, the rand weakened to a new record low of almost R18.07/$ - but that was also due to a stronger dollar. By Monday morning, it was at R17.93 - from R17.67 before the downgrade.

2. The markets were also unnerved by confirmation by finance minister Tito Mboweni that South Africa could approach the IMF for emergency funding as a last resort to help in the country’s fight against the coronavirus. Read more.

3. The Reserve Bank is considering changing its rules to allow banks to temporarily use their cash reserves to help distressed clients, Business Day reports. Read more.

4. The oil price has fallen to a 17-year low, with Brent crude below $27 a barrel. On Wednesday, 93 unleaded petrol will fall to R1.76/l while 95 unleaded petrol will be R1.88/l.

5. There are now two people who have died from Covid-19 in South Africa, with latest number of confirmed cases at 1 280. Read more.

Graph of the day


Utterly useless fact of the day

France turned one of its high-speed trains into a vehicle to transport coronavirus patients from overburdened hospitals in the east to the facilities with more capacity in the west. The trains take about five hours for the journey. Read more.

Tweets of the day

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