JSE heavyweights including Naspers, the most valuable company in Africa, and Johann Rupert’s luxury goods maker Richemont, could be among  the heaviest casualties in SA’s market if the deadly coronavirus outbreak continues to obstruct the world’s second-largest economy.

The virus, which broke out in China at the beginning of December 2019, has so far killed 427, and has played havoc with global markets, with the JSE falling to a near seven-week low on January 27, at the height of the panic around its spread.

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 exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Times Select.

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