JSE stocks continue to tumble
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JOHANNESBURG –
The rout at the Johannesburg Stock Exchange (JSE) continued on Monday as stocks tumbled when the markets opened after the South African government imposed a travel ban on foreign travellers from high-risk countries due to the coronavirus (Covid-19).
The rout at the Johannesburg Stock Exchange (JSE) continued on Monday as stocks tumbled when the markets opened after the South African government imposed a travel ban on foreign travellers from high-risk countries due to the coronavirus (Covid-19).
President Cyril Ramaphosa on Sunday declared a national state of disaster and announced mandatory testing, self-isolation or quarantine for South African nationals returning from affected countries in a bid to the spread of the Covid-19.
Finance Minister Tito Mboweni said the National Treasury has a coordinating working group to deal with the financial impact of the Covid-19 outbreak.
Source: iol.co.za
