March 15 — President Cyril Ramaphosa declared a national state of disaster (https://www.businesslive.co.za/bd/national/2020-03-15-breaking-cyril-ramaphosa-declares-national-disaster-to-combat-covid-19/) and announced sweeping measures to contain the spread of Covid-19, including travel restrictions on foreigners from hard-hit countries, a ban on mass gatherings of more than 100 people, and the closure of schools.
March 15 — The US Federal Reserve (https://www.businesslive.co.za/bd/world/americas/2020-03-15-fed-cuts-rates-to-near-zero-to-combat-coronavirus-threat/) cut interest rates for the second time in less than two weeks on Sunday in another emergency move to help shore up the US economy amid the rapidly escalating global coronavirus pandemic. In a statement, the central bank said it was cutting rates to a target range of 0%-0.25%. The Fed already cut interest rates by 0.5 of a percentage point on March 3 at an emergency meeting, the first rate cut outside a regularly sch...
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