This week's top stories

Why keeping your customers is now the smartest growth strategy

Cristelle Snyman

20 Mar 2020

Acumen Media has compiled stories that dominated the headlines this week:

President Cyril Ramaphosa declared a national state of disaster as coronavirus continues to spread. Strict measures were implemented, including visas being revoked, international travel to high-risk countries being banned, gatherings being limited to only 100 people, and schools shutting down.

A coronavirus WhatsApp helpline was also introduced and it reached over 1 million users within a week.

Restaurants, bars and shebeens are trying to keep up with new legislation that requires them to not operate after 6pm on weekdays.

In business news, DionWired shut its doors this week, the repo rate was cut by 100 percentage points, Capitec Bank lost R36bn in a single day and the Rand continued to drop amid the Covid-19 outbreak.

Coronavirus fake news continue to spread on social media and the government has vowed to prosecute those who generate share inaccurate news and information.

Abroad, China reported no further local coronavirus transmissions while Italy's coronavirus death toll continued to rise, overtaking total number of deaths so far registered in China.

And on a lighter note, Nando's took a swipe at a rival in a photo shared on Facebook and Twitter with this copy: "Turns out finger licking isn't good. Rather reach for the soap."

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This week's top stories

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This week's top stories

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