Remgro, the listed investment holding company chaired by Johann Rupert, says SA’s second wave of Covid-19 hit harder than expected, with group profits more than halving amid pressure on investees FirstRand and Mediclinic.

Remgro described Covid-19’s effect on SA in the second half of 2020 as “devastating”, with the second wave characterised by a  new variant of the coronavirus with higher infection rates and greater severity of symptoms...

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.



Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now