JSE faces tough week as SA begins partial virus shutdown

The fallout due to the coronavirus pandemic is set to continue affecting the JSE this week. Picture: MICHAEL ETTERSHANK

The US Federal Reserve cut interest rates to close to zero in an emergency 100 basis point cut on Sunday.

If schools and businesses shut down why not the JSE until things normalise?

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Coronavirus in SA: Gatherings of more than 100 people prohibitedSchools will be closed and a travel ban will be in place from Wednesday as SA tries to curb the spread of the coronavirus. Does it include higher learning cause a class holds like 100 students? Sassa lines at ATMs. Disaster
Source: SowetanLIVE - 🏆 13. / 63 Read more »

Coronavirus in SA: Gatherings of more than 100 people prohibitedSchools will be closed and a travel ban will be in place from Wednesday as SA tries to curb the spread of the coronavirus. Is the number referring in a building or floor or office?
Source: SowetanLIVE - 🏆 13. / 63 Read more »

Fakes News Alert: SA schools will NOT close for 4 weeks following coronavirus outbreakFakes News Alert: SA schools will NOT close for 4 weeks following coronavirus outbreak The Education Department issued a statement on Sunday stating that there is no truth to the document making the rounds across social media. The president has not even spoken yet. So either the DoE is lying or the president has already been told what to say. Which is it PresidencyZA ? WELL THEY SHOULD! Several schools will close like St Cyprians. Some schools had positive testing.
Source: IOL - 🏆 46. / 51 Read more »

WATCH: Schools to close amid coronavirus in SAThere are currently 61 confirmed cases of COVID-19 in South Africa. What abt universities? Wednesday... This is hardly school's closing. Should have just closed Friday as they were going to vele. Why wait till Wednesday, the president is being indecisive, if we have 61 cases already what happens tomorrow and Tuesday. Our kids will be at risk of being infected. Schooling was supposed with emmidiate effect😠😠😠😠
Source: eNCA - 🏆 49. / 51 Read more »

WATCH | Travel ban and closure of schools: SA declares national state of disaster over coronavirusPresident Cyril Ramaphosa declared a state of disaster at the Union Buildings in Pretoria on March 15 2020. This comes after the number of confirmed cases of the coronavirus reached 61 Dear Foreign nationals from high risk areas, SA has no borders. Close the Airports entirely. Who is advising our President? Where does he gets this stupid ideas? how many people needs to die before he gets the right idea?
Source: TimesLIVE - 🏆 28. / 59 Read more »

Coronavirus cases rise to 24 in SA, with more awaiting confirmationThe health minister says eight new cases have been confirmed since Thursday’s announcement of 16 cases, all of whom had travelled overseas Dnt panic Perhaps the public can donate hand soap at various collection points ? It’s a good time for all of us to pull together as active citizens to assist the Coronavirus fight - and get supermarkets involved perhaps a discount on soap and hand soap!
Source: BDliveSA - 🏆 12. / 63 Read more »