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South Africa to ease lockdown

The latest business and finance news from around the world, on the Βι¶ΉΤΌΕΔ.

The president of South Africa has warned that the country's coronavirus outbreak is going to get much worse, while announcing that lockdown measures are to be eased. Cyril Ramaphosa said a third of the country's more than 22,000 cases had been recorded in the last week. Despite that, the president said the current lockdown could not be sustained indefinitely. We look into which businesses will be allowed to operate and under what conditions.

Also in the programme, the British government is looking at buying stakes in struggling big companies that are regarded as strategically important. Lord O'Neill - Jim O'Neill - was a minister in the UK's finance ministry, the Treasury, under Prime Minister David Cameron. Before that he was the chairman of Goldman Sachs Asset Management. He tells us how he believes governments should pour money into companies.

And Nisha Patel hears from several people - from a professional footballer in England to a teacher in China - who have had a re-think about their lives during the pandemic and have decided that now is the time for a career change.

PHOTO: South Africa during lockdown/Getty Images

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27 minutes

Last on

Mon 25 May 2020 22:32GMT

Broadcast

  • Mon 25 May 2020 22:32GMT