Newsflash: Countdown to midnight

Newsflash: Countdown to midnight
Source: Bloomberg, *time of writing 06h30, 2020-03-26

The Government Gazette No. 11 062: DISASTER MANAGEMENT ACT, 2002: AMENDMENT OF REGULATIONS ISSUED IN TERMS OF SECTION 27(2), 25 MARCH 2020 was released and will be governing our lives from midnight tonight till midnight on the 16th of April 2020. The main message of the document is that you cannot leave your place of residence for any reason other than shopping for food, hygiene products or medicines. One can seek medical attention for oneself and ones domestic animals and sadly we can attend funerals. People working in approved essential services will have more freedom of movement. The Government Gazette can be read in the PDF version of this newsflash and more details will become available online.

Markets were positive for a rare second day in a row as the US Senate approved the massive $2 trillion stimulus bill. The bill now goes before the US Congress for approval before going to President Trump for signing.

Lastly, see your friends and family that you can in person, but keep your distance and wave.

Click here to download the full Cinnabar Newsflash for 2020-03-26, which includes the The Government Gazette.

For more information contact:

Greg Flash
Chief Investment Officer
e. greg@cinnabarim.co.za, c. +27 72 668 8964
FSP Number 45402, w. www.cinnabarim.co.za
Cinnabar Cape Town, 298 Main Road, Kenilworth, 7708

Windall Bekker
Head of Distribution
e. windall@cinnabarim.co.za, c. +27 72 191 0492
FSP Number 45402, w. www.cinnabarim.co.za
Cinnabar Cape Town, 298 Main Road, Kenilworth, 7708