Flash Briefing: SA home of world's biggest black market; vaccine hesitancy despite fast pace of covid deaths; Zuma

Loading player...
News headlines:
*A SHOCKING new report shows a tsunami of illegal tobacco is flooding South Africa as a result of authorities’ failure to act on damning evidence of the world’s biggest black market.
*Steinhoff International, which is still grappling with the consequences of an accounting scandal that wiped out R200bn in shareholder value, says Dublin-based Hamilton has withdrawn an appeal relating to voting procedure in its proposed settlement plan.
*One of the world’s fastest pace of deaths from Covid-19 infections hasn’t been able to trounce widespread hesitancy over vaccines in South Africa.
*South African police plan to arrest former President Jacob Zuma by midnight on Wednesday in the absence of any further instruction from the Constitutional Court, Police Ministry spokeswoman Lirandzu Themba said. Learn more about your ad choices. Visit megaphone.fm/adchoices
7 Jul 2021 11AM English South Africa Investing · Business News

Other recent episodes

SA's Competition Commission has become a handbrake on the economy: Rob Rose

Bryan Brownrigg was never a currency trader. He sold foreign exchange to Standard Bank's institutional clients for 23 years. But when the Competition Commission decided that 28 banks had run a single conspiracy to rig the rand, his name went into the complaint anyway, and it took a decade and…
11 Sep 7AM 20 min

He built a $1.5bn bank. Now Revolut, Discovery Bank and PEP are circling

In this interview with Irakli Rekhviashvili, Tyme Group co-founder Coenraad Jonker gives his take on what actually protects a digital bank once the competition catches up, and why he thinks the old rules of banking no longer apply. On competitive advantage, he says: "I'm saying to my guys increasingly, I…
11 Sep 7AM 50 min