This site requires JavaScript to be enabled. Please enable JavaScript in your browser settings, or upgrade to a modern browser.

Businesses that don't reopen will be highly detrimental to economic growth - TreasuryONE's Andre Cilliers

Loading player...

Currency strategist Andre Cilliers of TreasuryONE joins Alec Hogg in this week's Currency Focus to discuss what South Africa may have to do to attract investors who disinvest following the KZN unrest. Cilliers says that there may be a delayed reaction as business owners determine the real cost of the riots. Learn more about your ad choices. Visit megaphone.fm/adchoices

26 Jul 2021 7AM 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

Cops fight crime in private vehicles as their “role models” are arrested: Richard Chelin, Willem Els

In their latest interview with Chris Steyn, Willem Els of the Institute for Security Studies (ISS) and Richard Chelin, an independent governance expert, share details of the war on drugs and crime in South Africa. Describing the struggle of dedicated detectives, Els reveals “for the past three months at one…

16 Jul 10AM 16 min

BizNews Edge: R3.5tn pension fund manager PIC in crisis as FSCA launches Section 135 probe

The PIC's governance crisis has reached the regulator. Hours after suspending CEO Patrick Dlamini and acting CIO August Uys, the board now faces a formal FSCA Section 135 investigation into governance, leadership and transparency at the R3.5 trillion asset manager. DA federal finance chairperson Dr Mark Burke tells Alec Hogg…

16 Jul 8AM 24 min

BN Daybreak: PIC executive exodus; South Africa House shut in London; US interest rate hikes

In today's BizNews Daybreak, US-Iran tensions steady oil and Korean tech stocks slide. Fed Chair Kevin Warsh defends his personal trading, while South Africa's PIC faces a deepening executive exodus. We also unpack more on the DA’s Tony Leon lobbying scandal, the temporary closure of London's SA House, and a…

15 Jul 11PM 15 min

All episodes