Asset manager Ninety One has launched a R10-billion fund, in partnership with a private equity firm, that will target investments in South African businesses struggling due to the coronavirus outbreak.

In many African countries, measures put in place to slow the spread of Covid-19 have made it harder for people to access affordable, nutritious foods. Tech entrepreneurs are stepping into the breach.

Long-serving Internet Solutions executive Sean Nourse has been appointed as the new CEO of Internet service provider Webafrica following the departure of Tim Wyatt-Gunning.

Investors expecting a sudden surge in bitcoin’s price, after it underwent a technical adjustment three weeks ago that reduced the rate at which new coins are generated, may have to wait.

Cabinet has resolved to appeal the high court judgment that declared the Covid-19 regulations under levels 3 and 4 invalid and unconstitutional.

Efforts to address Eskom’s R450-billion debt burden have taken a back seat to the government’s focus on fighting the Covid-19 pandemic.