Flash Briefing: J&J Covid vaccine trial stops; Sasol tax surprise; SA lost 20% of jobs by April; new retail lease rules


Manage episode 274357355 series 2605825
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* Johnson & Johnson halts clinical trials of its Covid-19 vaccine after a participant falls ill. * Stock market darling Sasol is benefiting to the tune of about R8bn from fuel subsidies and a carbon tax exemption. * Advisors to the president are recommending a three-year “solidarity tax” that would boost income tax for higher earners, according to Bloomberg news agency. * According to the Competition Commission, Shoprite Checkers has agreed to stop enforcing exclusivity clauses in leases, ushering in a new era in the South African grocery retailing environment. * All regions in SA lost about a fifth of their jobs between February-April, a study by the University of the Free State has found.

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