Local companies also count the costs as lockdown is again imposed on city of 26-million people
Residents queue at a Covid-19 testing facility in Shanghai, China, on March 25 2022. Picture: BLOOMBERG/QILAI SHEN
More than half, or 54%, have cut 2022 revenue projections following the outbreak, though 38% said it was too early to estimate the impact. “Even if your employees are within the factory bubble, your trucks have to come and go sending inputs and outputs, but that’s not possible,” said Zheng.The city of 26-million people has been battling its largest outbreak for nearly a month and this week most of Shanghai was put under lockdown as cases continued to surge.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
COVID-19: Pfizer/BioNTech Covid-19 vaccine slashes pediatric hospitalization risk -U.S. studyNEW YORK, March 30 (Reuters) - Children ages 5 to 11 who received the Pfizer PFE.N/BioNTech 22UAy.DE Covid-19 vaccine were 68% less likely to be hospitalized during the Omicron wave in the United States than unvaccinated children, according to a study published on Wednesday.
Read more »
COVID-19: Canada faces rising Covid-19 wave as restrictions easeTORONTO, March 30 (Reuters) - Much of Canada is facing a fresh Covid-19 wave just as authorities ease measures meant to curb the spread of the virus, emboldened by a brief drop in cases and relatively high vaccination rates.
Read more »
South Africa faces fifth Covid wave in coming weeks as deaths pass 100,000South Africa’s official death toll from the coronavirus has passed the 100,000 mark, a week after the country relaxed almost all restrictions in response to a decline in new infections.
Read more »
INSURANCE: Covid sends death claims spiralling, but FNB Life anticipates a ‘return to normal’Yet another insurer has announced a record payout in claims for the previous year. FNB Life is the latest, with R2.6bn paid out in life insurance claims — most of which was for death claims (R2.3bn), followed by retrenchment or inability to earn an income (R190m) and disability (more than R80m).
Read more »
WATCH | COVID-19 | School dropouts set to increase - UNICEFThe latest report from Unicef says more drop-outs are expected.
Read more »
Truckers in China fake travel logs to outwit officials checking for Covid-19Some hire substitute drivers with untainted travel data to drive their cars through checkpoints, while they walk through the woods beside the road to reclaim their cars on the other side
Read more »