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BBB Ep19 - Musk's halo restored, Tesla leads Wall Street higher, Bitcoin rebounds; Rates rise in SA, EU; Hain giving Bain pain; ANC's Eskom 2 insanity..

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Elon Musk's sale of $1bn worth of Bitcoin didn't tarnish his populist halo for long - last night Tesla shares jumped 10%, leading Wall Street higher. Crypto currencies also shook off its champion's surprise move, to recoup Wednesday's lost ground. Other news covered in this episode of the BizNews Breakfast Briefing includes the impact of sizeable interest rate increases by the central banks in SA and Europe; Peter Hain and Athol Williams get the ear of a forthright UK cabinet minister in their fight to shame SA pillager Bain & Co; and the DA's shadow energy minister exposes the ANC's Eskom 2 idea as a misguided Soviet-inspired Fantasy. Learn more about your ad choices. Visit megaphone.fm/adchoices

22 Jul 2022 12AM English South Africa Investing · Business News

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