Covid-19 forces closure of 20 schools in Buffalo City in first week June 12, 2020 Three more Shoprite stores in Soweto closed after staff test positive for virus General FNB warns of 8% contraction in 2020 and almost 800,000 job lossesPosted by admin Business Report writes that First National Bank (FNB) warned on Wednesday of a dire economic outlook for 2020 and predicted that gross domestic product (GDP) could contract by 8% due to the impact of Covid-19. Source: Latest News