Here’s what’s happening in and affecting South Africa today:
Coronavirus: Global Covid-19 infections have hit 108.3 million confirmed, with the dying toll reaching 2.38 million. In South Africa, there have been 2,488 new circumstances, taking the overall reported to 1,484,900. Deaths have reached 47,382 (a each day enhance of 237), whereas recoveries have climbed to 1,377,980, leaving the nation with a steadiness of 59,538 lively circumstances.
- SONA 2021: President Cyril Ramaphosa’s state of the nation tackle positioned a big deal with business and the financial system, with a slew of guarantees to deal with the wants of the poor and unemployed. General response to the speech has been combined, with sectors nonetheless hit by lockdown welcoming the prolonged assist, however opposition events and analysts criticising the tackle as being a repeat of earlier guarantees that authorities has continued to fail to ship on. [Moneyweb, EWN]
- Ivermectin: Health consultants say that the uncontrolled use of ivermectin by the general public to deal with Covid-19, reveals that there’s a lack of belief in authorities’s response to the pandemic, they usually really feel like they should take issues into their very own fingers. While regulator SAHPRA just lately authorised “compassionate” use and prescription of the drug, approvals to take action have been far and few, with solely 10 medical doctors at present registered. Illegal meting out and use continues, unabated, nevertheless. [TimesLive]
- WHO: The World Health Organisation says that the AstraZeneca Covid-19 vaccine continues to be viable and secure to make use of, and recommends that it continued for use on high-risk and extreme circumstances of the virus, whereas additional analysis is performed on variants. The message comes after South Africa halted the rollout of the vaccine as a consequence of it being ineffective in opposition to the native variant of Covid-19. However, it stated that if the vaccine is made accessible, it ought to nonetheless be used, as it would stop some deaths. [ENCA]
- Schools: Parents and lecturers alike are anxious about faculties reopening subsequent week, with surveys displaying doubt among the many inhabitants that faculties shall be able to welcome learners again. However issues persist past readiness – with consultants pointing to a scarcity of studying supplies, and feeding issues constructing on Covid-related points in the system. They say that oldsters have to be extra concerned, working with lecturers and the division of schooling to mitigate disruptions attributable to the pandemic. [Daily Maverick]
- Markets: The SONA was a non-event in phrases of forex motion, as all eyes now flip to the upcoming price range. The rand held regular as the worldwide backdrop continues to drive the present bout of power, with stimulus stealing the highlight. UK GDP, manufacturing and industrial manufacturing are due this morning. The rand is holding onto its good points, beginning the day at R14.64 to the greenback, R17.74 to the euro and R20.18 to the pound. [Peregrine Treasury Solutions]