JSE and rand slide as China’s rising Covid-19 cases weigh on sentiment

The JSE was weaker, with the rand falling more than 1% on Monday morning as fears of stricter lockdowns in China amid a record daily spike in Covid-19 cases weighed on markets.

China has reported its first deaths in months, sparking fears of tougher restrictions, a week after issuing guidelines aimed at making its Covid-19 approach more targeted…

Source: businesslive.co.za