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5 important things happening in South Africa today
Here’s what is happening in and affecting South Africa today:
Coronavirus: Global coronavirus cases have reached 1,431,973, with deaths at 82,096. While 302,209 people have recovered, over 1 million cases remain active, with 47,895 people in serious or critical condition. In South Africa, the health department has confirmed 1,749 cases, with deaths now up to 13.
Lockdown: President Cyril Ramaphosa says he does not yet know whether or not the nation-wide lockdown will be extended – but data coming in the next few days should give us an indication of how the lockdown has worked. The president said that the lockdown has definitely reduced the spread of the virus, as new cases are lower than anticipated – however, more testing needs to be done. Every country that has implemented a lockdown so far has extended it, analysts have noted.
Downgrade/Upgrade: Junk status is not the end for South Africa – in fact, economists note, the country could fall even further into junk, or be a ‘comeback kid’ and work its way back above investment grade. However, South Africa has been on a downward path to junk over 8 long years, and was not able to reverse the trend during this time despite the many warnings from the ratings firms themselves. Strong institutions will need government to step up policy reform and counter political interference to achieve a stable outlook and start reversing the trend.Co-parenting changes:
In yet another flip-flop on the lockdown regulations, divorced parents can now move their children between households, on condition that certain requirements are met. There needs to be a court order allowing the movement and a parental responsibilities plan that is registered with a family advocate. Previously the moving around of a child between parents was prohibited, and the child(ren) would have to wait out the lockdown with the parent they are currently at.Lawyers’ legal troubles:
The High Court has reminded lawyers that they are not above the law, and should lead by example and uphold the country’s lockdown regulations. This after 9 out of 10 lawyers crossed borders to attend to legal matters without permits. The presiding judge scolded the lawyers, revoked their fees, and sent the matter to the provincial legal practice council for further action. The judge said that the legal profession must be seen to adhere to the country’s laws – not flout or advocate against them.
Markets: South Africa’s rand firmed by more than 2% on Tuesday, in line with a broad rally in emerging market currencies and other riskier assets on hopes of a slowdown in the spread of the coronavirus in some countries. Stocks were also significantly higher, as investors who had kept on the sidelines through recent volatility re-entered the market to take advantage of historically low prices. On Wednesday the rand was at R18.32 to the dollar, R22.56 to the pound and R19.90 to the euro.
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Ramaphosa sends message of support to UK’s JohnsonCitizen ReporterThe president sent support to Johnson and to the people of the United Kingdom in a tweet posted on Tuesday.Following the news that British Prime Minister Boris Johnson had been admitted to intensive care after being hospitalised with coronavirus, South African President Cyril Ramaphosa took to Twiter to share his message of support for the PM.“Wishing Prime Minister Boris Johnson a full and speedy recovery, and sending our support to him and to the people of the United Kingdom. We are going through a most challenging period but we shall overcome. Our thoughts are with him and his loved ones at this time,” tweeted Ramaphosa on Tuesday.His Downing Street office said in a press release issued on Monday: “Over the course of this afternoon, the condition of the prime minister has worsened and, on the advice of his medical team, he has been moved to the Intensive Care Unit at the hospital.“The PM has asked Foreign Secretary Dominic Raab to deputise for him where necessary.”The prime minister was moved in case he needed to use a ventilator, the government added.Johnson was admitted to St Thomas’ Hospital in London on Sunday with a temperature and a cough after testing positive for coronavirus on March 27, becoming the most high-profile world leader infected with the disease that has spread rapidly across the globe.The 55-year-old had been self-isolating in his Downing Street flat but on Sunday evening was driven to a nearby state-run hospital on the advice of his doctor.Officials said it was a “precautionary step” but questions had earlier been raised about whether the Conservative leader could still run the country.The British government was criticised for initially refusing to follow other European countries in requiring people to stay home as the virus spread.And Johnson himself said in early March that he was still shaking hands with people.But two weeks ago he ordered a nationwide lockdown and Britain is now in the grip of a serious outbreak.Over 50,000 cases and more than 5,000 deaths have been recorded so far, with the latest daily toll of 439.illovuonline.news.blog 🇿🇦🌍