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...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.