Flash Briefing: US govt to donate 5.7mn vaccines to SA; riots relief package to cost R38,9bn; universal booster shot

Loading player...
News headlines:
*SA-born biotech billionaire Patrick Soon-Shiong is backing a Covid-19 vaccine candidate that he sees as having potential as a universal booster of other pandemic shots.
*The US government will begin shipping a donation of 5.66-million Pfizer-BioNTech coronavirus vaccines to SA on Wednesday, with the first consignment expected to land on Saturday, a senior US government official has told Business Day.
*South Africa Treasury expects a relief package for businesses and individuals affected by this month’s deadly riots to cost 38.9 billion rand ($2.6 billion). Learn more about your ad choices. Visit megaphone.fm/adchoices
28 Jul 2021 11AM English South Africa Investing · Business News

Other recent episodes

BN Daybreak: Amazon beats Starlink; PIC's Lanseria crisis; Netflix's slowdown; AI's big margins

In today's BizNews Daybreak we dive into Amazon's quiet maneuver past Starlink into South Africa's satellite internet market via Herotel. We also examine the Public Investment Corporation's escalating governance crisis over the Lanseria Airport transaction, alongside policing gaps fueling local pharmaceutical drug crimes. Internationally, we cover SpaceX’s scrubbed Starship launch,…
16 Jul 11PM 15 min

The R3.5 trillion crisis: Why the PIC is under fire

South Africa's Public Investment Corporation is facing its biggest governance crisis in years. With CEO Patrick Dlamini suspended, senior executives resigning, and the Financial Sector Conduct Authority launching a formal investigation, questions over transparency, accountability, and the safety of government workers' pension funds are mounting. DA finance spokesperson Dr Mark…
16 Jul 8AM 34 min