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1st quarter of 2020 which actually hurt a lot of people moving over to south africa the johannesburg stock exchange all shares in south africa is up for the week this is the rand we can to all time lows on a friday so we're going to move across the ocean here and head towards europe and the americas where things are looking very similar but we do have a trend of red arrows there is one bright spot it won't be too hard for you to notice that one. now in the u.k. the footsie it is down for the week as britain posted its biggest quarterly slump since black monday in october of 1907 this comes as the bank of england cancelled dividends and suspended buybacks in france the cac also down for the week the index still saw some gains in the food and drugs gas and water and general financial sectors now moving to germany the dax we're having another red arrow right there and reports that companies like b.m.w. volkswagen and continental all in talks about halting their dividends as well these companies have already cut employee hours and are relying on government aid moving across the ocean the ebo best buy i
1st quarter of 2020 which actually hurt a lot of people moving over to south africa the johannesburg stock exchange all shares in south africa is up for the week this is the rand we can to all time lows on a friday so we're going to move across the ocean here and head towards europe and the americas where things are looking very similar but we do have a trend of red arrows there is one bright spot it won't be too hard for you to notice that one. now in the u.k. the footsie it is down for the...
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Apr 10, 2020
04/20
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the richest square mile in africa ground to a halt while the johannesburg stock exchange continues to operate not much else does so africa is 2 weeks into a lockdown to contain the spread of the corona virus and while progress is being made in fighting the disease the economic impact is devastating for millions of south africans this is one of does. ns of businesses in johannesburg it's had to close its doors own up to let me a says customer numbers were down by more than 90 percent even before the lockdown started he says recovery will take a long time. so the africa central bank says the lockdown has so far led to the economy contract in by 2.6 percent and it estimates that more than 300000 jobs will be lost and $1600.00 small businesses won't survive. but economists believe that estimate is far too low and the number of unemployed will be in the millions. while. at the last. worst part. to. consider what is going on to the next. president says while the government's priority is to save lives it also has to save the economy from collapse the unemployment insurance fund a sitter site
the richest square mile in africa ground to a halt while the johannesburg stock exchange continues to operate not much else does so africa is 2 weeks into a lockdown to contain the spread of the corona virus and while progress is being made in fighting the disease the economic impact is devastating for millions of south africans this is one of does. ns of businesses in johannesburg it's had to close its doors own up to let me a says customer numbers were down by more than 90 percent even before...
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Apr 11, 2020
04/20
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while the johannesburg stock exchange continues to operate, not much else does.is two weeks into a lockdown to contain the spread of the coronavirus. while progress is being made in fighting the disease, the economic impact is devastating for millions of south africans. this is one of dozens of businesses in johannesburg that has to close its doors. the owner says customer numbers were down by more than 90% even before the lockdown started. he says recovery will take a long time. -- it's 100%y is what they were. our income is 0. did is had an extremely strong impact on us. we are digging into reserves. africa's central bank says the lockdown has so far led to the economy contracting by 2.6%. it estimates more than 300,000 jobs will be lost and 1600 small businesses won't survive. but economists believe that estimate is far too low and the number of unemployed will be in the millions. >> during the global financial drop ande had 1.5% gdp we lost one million jobs. what we are seeing now is six times worse than what happened during the global financial crisis. if yo
while the johannesburg stock exchange continues to operate, not much else does.is two weeks into a lockdown to contain the spread of the coronavirus. while progress is being made in fighting the disease, the economic impact is devastating for millions of south africans. this is one of dozens of businesses in johannesburg that has to close its doors. the owner says customer numbers were down by more than 90% even before the lockdown started. he says recovery will take a long time. -- it's 100%y...
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Apr 10, 2020
04/20
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the richest square mile in africa ground to a halt while the johannesburg stock exchange continues to operate not much else does south africa is 2 weeks into a lot down to contain the spread of the corona virus and while progress is being made in fighting the disease the economic impact is devastating for millions of south africans this is one of dozens of businesses in johannesburg that's had to close its doors open up to let me a says customer numbers were down by more than 90 percent even before the lockdown started he says recovery will take a long time. so the africa central bank says the lockdown has so far led to the economy contract in by 2.6 percent and it estimates that more than 300000 jobs will be lost and $1600.00 small businesses won't survive. but economists believe that estimate is far too low and the number of unemployed will be in the millions. while. it lasted only. worse. to. consider last. month's. presidents a little drum up or so says while the government's priority is to save lives it also has to save the economy from collapse the unemployment insurance fund a
the richest square mile in africa ground to a halt while the johannesburg stock exchange continues to operate not much else does south africa is 2 weeks into a lot down to contain the spread of the corona virus and while progress is being made in fighting the disease the economic impact is devastating for millions of south africans this is one of dozens of businesses in johannesburg that's had to close its doors open up to let me a says customer numbers were down by more than 90 percent even...