While you were asleep: Vaccinations inject life into global economic recovery

An increase in vaccinations across the globe is proving to be the much needed shot the global economic recovery needed. Stock prices are hovering at record highs and demand for fuel as air travel restrictions are lifted and cars return to the road has boosted oil over $70 a barrel.

Hong Kong tycoons are taking vaccinations so seriously that they’re offering millions of dollars in food vouchers, a Tesla or even a pile of gold as prizes to boost the inoculation rate.

Back home in South Africa, however, there are several bottlenecks that need to be fixed to expedite Covid-19 vaccinations nationwide, reports Daily Maverick. 

Here’s a roundup of the world’s top and most interesting headlines.

SA Business

Minister Mkhize’s special leave creates many special problems – DM

Eskom implements Stage 2 load shedding until Sunday night – SABC

Steinhoff BEE partner denies it withdrew R12bn claim against retailer – Fin24

US Business

Some cities think Elon Musk’s tunnel could be the solution to their transport issues – Business Insider

Break above $30,000 would make Bitcoin vulnerable to bigger slide – Forbes

Apple pays millions after intimate photo leak – Entrepreneur


Ads fuel the fire: Exploiting children into decision making – a profitable strategy for the fast-food advertising industry – Daily Maverick

Shivambu’s VBS money saga collapse Malema-Floyd aggressive defence – Daily Maverick

A look at the gender parity on the boards of Africa’s biggest companies – Business Elites Africa

*Download the news aggregator app SAccess, available on Google Play and the App Store, to stay on top of financial and markets news from around the world.

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