The administrators of troubled
hospital operator NMC Health have announced a new board
for the London-listed company, bringing in four non-executive
directors with international restructuring experience.
South Africa will not
consider International Monetary Fund funding accompanied by a
structural adjustment programme as it battles to contain the
economic impact of the coronavirus pandemic, Finance Minister
Tito Mboweni said on Tuesday.
Austrian insurer Uniqa
plans to pay just a third of its proposed dividend for
2019 and has scrapped its payout for this year, warning on
Tuesday it might make a pretax loss in 2020 because of the
Will be it a U? A V? Maybe a W?
Predictions for economic recovery after coronavirus-linked
lockdowns are throwing up a medley of letters to indicate
whether we can expect a bounceback, a slow-burn recovery or
Investors have been hoarding
cash at a rate not seen since the immediate aftermath of the
9/11 attacks of 2001, BofA's April fund manager survey showed,
as the coronavirus roiled global financial markets.