JOHANNESBURG (Reuters) - South Africa’s economy could contract 8.2% this year and grow just 0.6% in 2021, if it is hit by a second wave of coronavirus infections that also...
Late on Sunday, South African president Cyril Ramaphosa declared a national state of disaster as he announced a range of measures to contain the outbreak that has so far infected 61 and showed the first signs of internal transmission.
Demand for oil will likely be negative in 2020, adding further downward pressure to plummeting prices, according to BP CFO Brian Gilvary.
The coronavirus death toll has reached 1,770 in mainland China with many still in fear of the rising infection levels globally.
Joining CNBC Africa for Africa Exchange segment is Ridle Markus, Africa Strategist at Absa Corporate and Investment Banking for the slew of monetary data that is out in Botswana, Zambia and Namibia and the possible impact of the Coronavirus on Sub-Saharan Africa.