With 69% of South Africa’s close to 10,000 Covid-19 infections as of yesterday, overflowing hospitals and desperate calls for oxygen, there is no doubt that Gauteng and its 15.6 million inhabitants are in great difficulty.
Dr Imtiaz Sooliman, the founder of Gift of the Givers who had come to South Africa’s aid in many crises, outlines in an Op-Ed published on Daily Maverick the single biggest problem and what is necessary to get South Africa’s economic hub through this Covid-19 tsunami, including a life-saving intervention that the foundation can deploy now.
Meanwhile, Bloomberg reports that South Africa is planning to make vaccines locally using messenger RNA, the breakthrough technology of the global inoculation effort against Covid-19. The manufacturing will be conducted by the state-owned Biovac Institute, according to the WHO.
Here’s a roundup of the world’s top and most interesting headlines:
SA Business
Goldman zeroes in on millennial spending with South African fund – Bloomberg
Want more jabs? Then business sector should get involved – Fin24
South African businesses are undervaluing AI – Read the report – MyBroadband
Markets
Brent tops $75 as signs of rapidly tightening market emerge – Investing.com
Gold advances as Powell reiterates rising inflation won’t last – Bloomberg
Bitcoin’s drop closer to $30,000 stirs fears of a deeper selloff – Bloomberg
In-depth
Karpowership fluffs its lines: Horrible PR reveals all we need to know – Daily Maverick
Connecting the dots to better healthcare – Forbes
Malusi Gigaba insists his silence was not tacit approval of Gupta pressure on SAA over Mumbai air route – Daily Maverick
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