COVID-19: Spear REIT unveils self-isolation rooms in its hotels

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Cape Town focused property group Spear REIT joins the list of hotel groups such as the Apartments group and Capital Hotels in launching self-isolation rooms in its hotels. Spear REIT is offering rooms in its Doubletree by Hilton hotel which is equipped with hygiene hampers and isolation facilities for self-quarantined citizens. Spear REIT CEO, Quintin Rossi joins CNBC Africa for more.

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Moody’s downgrades SA to junk

The action will result in South Africa's expulsion from the World Government Bond Index (WGBI), as a consequence those funds tracking this index as a benchmark will become forced sellers.

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Tony Elumelu’s United Bank For Africa donates $14mn to COVID-19 relief across Africa, this is how it will be used…

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Motsepe family & associates join Rupert and Oppenheimer families in donating R1bn to deal with COVID-19 pandemic

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Government’s response to Moody’s downgrade of SA to junk status

Covid-19 and South Africa's downgrade to junk will truly test South African financial markets.

Moody’s downgrades SA to junk

The action will result in South Africa's expulsion from the World Government Bond Index (WGBI), as a consequence those funds tracking this index as a benchmark will become forced sellers.
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