5,000 die of Covid-19 in SA; interest rate cut looms; Prosus play for EBay classads; Old Mutual
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In today's news headlines:
* 5,000 people are reported as having died from Covid-19, but the figure is believed to be far higher in provinces like the Eastern Cape.
* South Africans will be paying close attention to a Reserve Bank meeting on 23 July when the base rate may be cut, leading to a further chop in interest rates.
* Prosus, owned by Naspers, has made a big play for EBay's classifieds business.
* The Zimbabwe government has targeted a large mobile phone company, Econet Wireless, accusing it of money laundering. This follows a move to get Old Mutual delisted from the Harare stock exchange in connection with 'economic sabotage'.
* 5,000 people are reported as having died from Covid-19, but the figure is believed to be far higher in provinces like the Eastern Cape.
* South Africans will be paying close attention to a Reserve Bank meeting on 23 July when the base rate may be cut, leading to a further chop in interest rates.
* Prosus, owned by Naspers, has made a big play for EBay's classifieds business.
* The Zimbabwe government has targeted a large mobile phone company, Econet Wireless, accusing it of money laundering. This follows a move to get Old Mutual delisted from the Harare stock exchange in connection with 'economic sabotage'.
