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MENU DATA JSE ALSI 70,808 2021-12-05 00:00 USD/ZAR 16.08 2021-12-05 17:00 SIGN UP SIGN IN PODCASTS LISTEN INSIDER OFFERS MONEYWEB CRYPTO MOBILE You are currently viewing our desktop site, do you want to download our app instead? NEW SENS search and JSE share prices More about the app * Daily indicators * Click a Company * SENS * Watchlist * Click a Unit Trust * Unit trust portfolio tool * Directors’ dealings * Dividend watch * Today’s winners / losers * Weekly winners / losers * 52-week highs / lows * Top by value & volume * Top 40 Companies * JSE sectors * ETF & ETN search * Business calendar * Company stats * Company contact info * Comparison Tool * Annual Reports ALL DATA TOOLS JSE Indices Value Move % More JSE Indices World Indices Value 1 day 7 day More World Indices Currencies Value Move % More Currencies Commodities Value Move % More Commodities 16 SHARES Facebook Twitter LinkedIn WhatsApp Email Print 16 Shares Facebook Twitter LinkedIn Email Print WhatsApp EMAIL THIS ARTICLE Your Name: Your Email: Send Email To: Keep this field blank FAST NEWS 4 CHARTS SHOW SA CORONAVIRUS RESURGENCE IS IMMINENT These charts show why the health department is on “high alert”. By Leah Wilson, Bloomberg 13 May 2021 17:41 Image: Waldo Swiegers/Bloomberg South Africa is on the brink of a third wave of coronavirus infections, driven by a steady increase in new cases after a four-day holiday weekend that saw millions of people travel to see family and friends and attend religious gatherings. New infections climbed 46% in the past week with cases rising fastest in the Northern Cape and Gauteng, the country’s most-populous province, the National Department of Health said Wednesday in a statement. “We have not yet hit the third wave, however, we are at risk and we hence need to be on heightened vigilance as a country,” it said. These charts show why the health department is on “high alert”. South Africa’s test positivity rate rose to 7.45% on Wednesday, according to health department data. That’s the highest in five days and marks almost a month since the rate has hovered close to or above the 5% threshold that’s considered too high, according to the Johns Hopkins Bloomberg School of Public Health. A sustained increase in the positivity rate could force President Cyril Ramaphosa to consider reintroducing lockdown measures to curb the spread of the disease that’ll weigh on the recovery on an economy that contracted the most in a century in 2020. While a resurgence of the virus is worrying, a third wave of infections in not expected to be as severe as the second. That’s because studies in January and February showed 30% to 40% of South Africa’s population of about 60 million have already contracted the disease, according to the South African Covid-19 Modelling Consortium, a group linked to the National Institute for Communicable Diseases. Research by the Actuarial Society of South Africa suggests the new wave of infections is likely to be less pronounced than the second wave. However, the recent arrival of variants of the disease first detected in India and England could skew estimations. Still, Covid-19 hospital admissions have yet to show a significant increase and almost three quarters of the 4,186 patients currently in private or public facilities are being treated in general wards with the rest in high or intensive-care units. Eighty-three health-care workers were hospitalised as of Wednesday. South Africa has been slower to roll out its vaccination program than many other African countries and had only inoculated 430 730 health-care workers as of May 12 through a Johnson & Johnson study. A broader distribution of vaccines is expected to begin this month. © 2021 Bloomberg Join our mailing list to receive top business news every weekday morning. LIVESTREAM AND PODCASTS ALL NEWSLETTERS BUSINESS VIDEOS Video Player is loading. Play Video Play Mute Current Time 0:00 / Duration 2:25 Loaded: 6.84% 0:00 Stream Type LIVE Seek to live, currently behind liveLIVE Remaining Time -2:25 1x Playback Rate Chapters * Chapters Descriptions * descriptions off, selected Captions * captions settings, opens captions settings dialog * captions off, selected Audio Track * en (Main), selected Fullscreen This is a modal window. Beginning of dialog window. Escape will cancel and close the window. 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Play Mute Current Time 0:00 / Duration 0:00 Loaded: 0% Stream Type LIVE Seek to live, currently playing liveLIVE Remaining Time -0:00 1x Playback Rate Picture-in-PictureFullscreen EU plans to raise €300 billion to counter China's infrastructure spending Brussels has announced plans to raise up to €300 billion to counter China's infrastructure spending around the world. The money will help poorer countries build highways, pipelines and broadband networks. The move is a response to China’s Belt and Road Initiative (BIR), a massive collection of infrastructure projects across the globe that has served to fortify Beijing’s foreign policy and... New COVID-19 variant Omicron cause for concern, not panic, Biden tells US COVID fears dampen trade at Europe's Christmas markets German consumer morale hit by infections COMMENTS 4 Sort by: * Oldest first * Newest first * Top voted YOU MUST BE SIGNED IN AND AN INSIDER GOLD SUBSCRIBER TO COMMENT. SUBSCRIBE NOW SIGN IN Sensei 7 months ago Look, for many people, the danger of another wave is paled by the danger of the imminent bankruptcy of their businesses, and loss of their life savings, which was caused by politicians and officials who still receive their cozy salaries. For some, the risk of suicide is imminent, and for them, the next wave is irrelevant. This covid stupidity must end. Put it to the vote. Let people vote for, or against, slavery and lockdown measures if they have rights. 25 LOG IN TO REPLY Gargoyl 7 months ago The people have been indoctrinated by 24/7 repetition of fear indulgence for well over a year already. You can train an army of ants to perform circus tricks with less effort. Many want vaccine no matter what. Even if the person in front drops dead when injected they will demand their injection. 6 LOG IN TO REPLY Gargoyl 7 months ago The only real issue is the actual proven genuine death toll which remains virtually non existent. The PCR testing with excessive amplifications has been repeatedly debunked as a crock. So why is this still being abused at taxpayer expense only to produce manufactured false results? The answer should be clear by now. Its all about enriching the few at the expense of the many. Fascism gone rampant. This “report” has no credibility just like the outfit that dreamed it up. The money makers seriously want their injection industry to keep growing and generating billions for them. Their greed and its power over their fact avoiding media and the unworthy corrupted is such that they simply don’t care about the inordinate consequences. Pure evil. 6 LOG IN TO REPLY Mmmm 7 months ago Its also obvious the vaccine rollout is a complete and utter failure and will prove to be a complete waste of money. Herd immunity is the only way for “backward” countries. We should be almost there anyway. Lockdown will just extend the pain. 15 LOG IN TO REPLY LOAD ALL 4 COMMENTS END OF COMMENTS. MORE FAST NEWS WORLD’S BIGGEST EVER SOYBEAN CROP GETS BIGGER, KEEPING A LID ON PRICES 5 DECEMBER 2021 / TARSO VELOSO AND MICHAEL HIRTZER, BLOOMBERG DROUGHT HAS GRIPPED EVERY INCH OF CALIFORNIA FOR ALMOST 7 MONTHS 5 DECEMBER 2021 / BRIAN K SULLIVAN, BLOOMBERG META NEARS BEAR MARKET AFTER $224BN VALUE WIPEOUT 4 DECEMBER 2021 / KATRINA LEWIS, BLOOMBERG GOLDMAN SACHS ADDS NEW EMPLOYEE BENEFITS TO FIGHT BURNOUT 4 DECEMBER 2021 / SRIDHAR NATARAJAN, BLOOMBERG GLOBAL ECONOMY CAN GROW IF WORLD WARMS LESS THAN 1.5°C, STUDY SAYS 4 DECEMBER 2021 / DAMIAN SHEPHERD, BLOOMBERG LATEST CURRENCIES USD / ZAR15.96921-0.70%12/5/2021, 4:00:02 PMGBP / ZAR21.15489-0.62%12/5/2021, 4:00:02 PMEUR / ZAR18.02418-0.93%12/5/2021, 4:00:02 PMBTC / USD47991.3-1.55%12/5/2021, 3:56:15 PM More Indicators ADVISOR VIEWS RISING OIL PRICES AND INFLATION 3 Dec 2021 / Mauro Forlin TRANSFERRING WEALTH FROM ONE GENERATION TO THE NEXT 2 Dec 2021 / Michael Haldane MOVING IN TOGETHER: HOW TO SET UP YOUR COHABITATION AGREEMENT 2 Dec 2021 / Devon Card NOVEMBER 2021 ECONOMIC REPORT 1 Dec 2021 / Michael Haldane ESTATE ADMINISTRATION: THE WINDING UP OF YOUR FINANCIAL AFFAIRS 30 Nov 2021 / Eric Jordaan Go to Click an Advisor * Editor's Picks * Commented * Top Read 1 THE LEGAL IMPLICATIONS OF A VACCINE MANDATE 2 DOCTOR WHO SAW OMICRON EARLY SAYS SYMPTOMS DIFFERENT TO DELTA 3 SARS IS NOW ISSUING LETTERS CONFIRMING NON-RESIDENCY 1 NERSA CONCEDES FAILING TO PUT ELECTRICITY TARIFF METHODOLOGY IN PLACE 7 2 UNEMPLOYMENT IS EVERYONE’S PROBLEM – GOOD INTENTIONS ARE NOT ENOUGH 6 3 THE LEGAL IMPLICATIONS OF A VACCINE MANDATE 4 1 CHECKERS CHALLENGES WOOLIES HEAD-ON IN CONVENIENCE SPACE 2 28 BANKS NOW IN THE CROSSHAIRS OVER RAND MANIPULATION CASE 3 I HAVE HAD TO TAKE EARLY RETIREMENT: WHAT ARE MY OPTIONS? ADVISOR VIEWS RISING OIL PRICES AND INFLATION 3 Dec 2021 / Mauro Forlin TRANSFERRING WEALTH FROM ONE GENERATION TO THE NEXT 2 Dec 2021 / Michael Haldane MOVING IN TOGETHER: HOW TO SET UP YOUR COHABITATION AGREEMENT 2 Dec 2021 / Devon Card NOVEMBER 2021 ECONOMIC REPORT 1 Dec 2021 / Michael Haldane Go to Click an Advisor PODCASTS MORE FAST NEWS WORLD’S BIGGEST EVER SOYBEAN CROP GETS BIGGER, KEEPING A LID ON PRICES 5 DECEMBER 2021 / TARSO VELOSO AND MICHAEL HIRTZER, BLOOMBERG DROUGHT HAS GRIPPED EVERY INCH OF CALIFORNIA FOR ALMOST 7 MONTHS 5 DECEMBER 2021 / BRIAN K SULLIVAN, BLOOMBERG META NEARS BEAR MARKET AFTER $224BN VALUE WIPEOUT 4 DECEMBER 2021 / KATRINA LEWIS, BLOOMBERG GOLDMAN SACHS ADDS NEW EMPLOYEE BENEFITS TO FIGHT BURNOUT 4 DECEMBER 2021 / SRIDHAR NATARAJAN, BLOOMBERG GLOBAL ECONOMY CAN GROW IF WORLD WARMS LESS THAN 1.5°C, STUDY SAYS 4 DECEMBER 2021 / DAMIAN SHEPHERD, BLOOMBERG LATEST ARTICLES SOUTH AFRICA IS FAILING TO RIDE THE DIGITAL REVOLUTION WAVE 5 DEC 2021 / ANTONIO ANDREONI AND ELVIS AVENYO What it needs to do. 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