Rand and SA assets caught in coronavirus crossfire

The rand dropped to a more than six-week low against the dollar and breached R19/£ for the first time in more than a month
on Monday, on concern that the spread of the deadly coronavirus from China will harm the global economy.

The JSE had its biggest drop in eight months, with Naspers, whose most valuable holding is Chinese technology firm Tencent, among the biggest losers.