Lockdown to ease in SA, fallout from oil price collapse

The fiscal package announced by South Africa's government this week will probably ease some of the economic pain from efforts to contain the coronavirus, although much of the damage has already been done. Plans to ease lockdown measures from the end of this month provide some hope that the very worst of the economic slump may be nearing an end. Elsewhere, the oil market rout is pushing the region’s energy producers to the brink of crisis.