Flash Briefing: SA slammed for selling Covid-19 jabs to AU; electricity ships to cost SA R220bn; Suez ships head for SA

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* The South African government’s decision to sell 1 million coronavirus vaccines developed by AstraZeneca Plc to other African nations raises deep ethical concerns. That's according to six of South Africa’s leading medical scientists.
* Karpowership, a unit of the Turkish Karadeniz Energy Group, is on track for its longest contract to date to supply power from vessels to South Africa in a deal worth as much as R218 billion.
* South Africans stick with their main bank for nearly three decades before switching, roughly double the time it takes Americans to move and 70% longer than U.K. citizens, according to a report by Discovery Bank.
* Ship operators have started rerouting tankers and containers away from the Suez Canal—in some cases sending them on a two-week extended voyage around the southern tip of Africa—as they increasingly bet on a prolonged closing of the key waterway, says BizNews partner The Wall Street Journal. Learn more about your ad choices. Visit megaphone.fm/adchoices
26 Mar 2021 10AM English South Africa Investing · Business News

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