In today’s news headlines:

- Distell sees headline profit fall by 64%;

- JSE fines AYO Technologies R6.5m for misleading financial results;

- Massmart suffers headline loss of more than R1bn; and

- UK bookmaker Betfred offers up to R925m for Phumelela Gaming and Leisure

Insurance Claims Africa (ICA) gets set to fight the insurance industry in court next week for refusing to pay up for Covid-19 business interruption claims. ICA CEO Ryan Woolley and Professor Alex van den Heever tell BizNews why this could be the watershed case that shapes the industry.

In today’s news headlines:

- Nedbank has reported a 70% profit hit;

- Bidcorp, reported a 48% decline in full-year earnings;

- Insurance Claims Africa gets set to fight insurers in court next week; and

- SA will have a zero-alcohol driving limit by December

Gift of the Givers founder Dr Imtiaz Sooliman shares the details of the hardship experienced by South Africans in the Covid-19 crisis. He tells BizNews reporter Linda van Tilburg how even medical specialists are struggling financially, with most of the healthcare sector put on hold so that the country can cope with the pandemic.

A number of prominent civil society organisations have called on high-ranking government officials linked to personal protective equipment procurement irregularities to step aside while they are being investigated. In a joint statement, organisations which include the Ahmed Kathrada Foundation, Corruption Watch, Section 27 and the Organisation Undoing Tax Abuse (OUTA) have slammed what they called ruthless ‘covidpreneurs’, the companies who have received purchase orders from the Health Department and were under investigation. In contrast to the predatory nature of some of the new pop-up contractors; there are the angels who are pitching in to try to get much needed equipment to hospitals. One of them is the SA Medical and Education Foundation (SAME), which has been active in supplying some of the country’s biggest hospitals with medical supplies. Chief Executive Officer Trevor Pols told BizNews it has managed to raise R20 million in just three months. - Linda van Tilburg

In today's news headlines:

- Lewis Group reported a 30.8% drop in annual earnings;

- Nedbank's CFO, Raisibe Morathi, has resigned to join Vodacom;

- Imperial Logistics reported a 65% fall in full-year earnings;

- Italtile saw double-digit growth in June and July; and

- Dis-Chem saw revenue growth of 8.8% to R11.7bn

In today's news headlines:

- Absa profits plummet;

- President Cyril Ramaphosa has ‘strongly reprimanded’ his finance minister Tito Mboweni;

- Edcon is finalising selling off parts of Edgars;

- Old Mutual has warned of losses when it releases its results next month; and

- De Beers has cut diamond prices.

Wine sector body Vinpro has estimated that the first ban on alcohol sales and the ban on the export of wine for more than a month led to the demise of 350 wine grape producers and 80 wineries in the country. It also estimates that job losses in the wine-related industry from that period could be 21,000. One of the smaller wineries that managed to weather this storm is Aslina Wines, owned by Ntsiki Biyela - who did not know what wine was when she secured a bursary from South African Airways for her studies in 1999. She told BizNews how exports kept her afloat in the Covid-19 storm - Linda van Tilburg.

In today's news headlines:

* Cell C has blamed the changing retail environment for a decision to shed stores and jobs.

* Tiger Brands says Covid-19 containment measures are largely to blame for its disappointing results.

* Naspers is to invest R1.4bn in South African tech start-ups.

* SA's wine industry is in global headlines because it has been shattered by the Covid-19 booze ban.

Antibodies are small proteins produced by your body when it is fighting off an infection. Dr Noluthando Nematswerani decodes these fighting cells for BizNews and lets us in on the current limitations associated with antibody testing.