From Business Insider South Africa:

It may be time for SA to get a k-word register for habitual racists, a high court judge says

A new anti-emigration plan will soon make it easier to move up to R10 million out of SA

Woolworths shoppers may start seeing ‘stock gaps’ in the next two weeks due to coronavirus chaos

Shoprite warns imports of blankets and heaters worth R100 million could be hit by coronavirus

The maker of Corona (beer) has already lost sales of R4.3 billion to the coronavirus

Makro and Builders are still making money – but Game and other Massmart outlets are bleeding bad

The 086 numbers used by call centres are now back online, Telkom says

Today's headlines:

1. The rand hit R15.61/$ after the US market continued to slump overnight, losing more than 4%. Global markets continue to be unsettled about the coronavirus, with oil slumping to its weakest level in a year.  

2. Nigeria confirmed the first case of the novel coronavirus in sub-Saharan Africa. Read more.

3. Moody's gave the budget a thumbs-down, saying there is uncertainty about whether government could successfully negotiate with unions to reduce the public sector wage bill. Read more.

4. Massmart saw its profits plunge by R1.73 billion in 2019, due to disastrous trading at Game and DionWired. Its share price slumped another 5% yesterday. Read more.

5. Liberty has posted a 42% increase in headline earnings for the 2019 financial year. Read more.

Graph of the day

After big coronavirus-related losses, the S&P 500 index of the biggest 500 shares on Wall Street is now back at levels last seen in October last year. Source: Johann Biermann

Utterly useless fact of the day

The demand for face masks is skyrocketing amid the global coronavirus outbreak.But according to health experts, most members of the public use their medical masks wrong. Often, people will touch their facemask to adjust it or take it off, rendering its germ-blocking potential ineffective.

According to the Centers for Disease Control and Prevention (CDC) in the US, there's another reason that these masks might not work: different kinds of facial hair that can prevent the necessary impenetrable seal from being formed. Read more.

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