South African stocks rise with boost from lockdown easing

South Africa’s main stock index was 0.2% higher as of 9:32 in Johannesburg, boosted by shares in some companies that are set to benefit from an easing in the country’s Covid-19 lockdown. President Cyril Ramaphosa, in a weekend address, announced that starting Tuesday restaurants and bars will be allowed to serve alcoholic beverages while retailers will be allowed such sales from Mondays to Thursdays.