Flash briefing: Cape company gets set to produce Covid vaccines; economic crisis; Famous Brands; Sasol

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In today’s news headlines: * Biovac, a Cape company, says it could produce vaccines for a quarter to half of South Africa; * At least 20% of jobs are lost forever thanks to Covid-19 lockdown, says an analyst; * Finance Minister Tito Mboweni has asked for a deadline extension to develop plans to fix South Africa, with President Cyril Ramaphosa scheduled to make important announcements today (Thursday, Oct 15); and * Famous Brands announced that its British chain of restaurants, GBK, had gone into administration - and a few hours later it was disclosed that a rescuer had been found for many of its sites Cape company gets set to produce Covid vaccines; Mboweni back to drawing board

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