BizNews BizNews Radio

The brakes have been put on SA's economic recovery - Magnus Heystek

Loading player...
The ever-outspoken Magnus Heystek adds his value as co-host of the BizNews Power Hour, outlining a number of sad realities faced by South Africa's economic recovery. The painfully slow rollout of Covid-19 vaccinations has caused infections to balloon in many parts of South Africa, causing paranoia that we may be headed for further lockdowns. Magnus warns that if lockdowns are extended indefinitely, many businesses in some of the hardest effected sectors will not have the resources to see it through this never ending nightmare. Learn more about your ad choices. Visit megaphone.fm/adchoices
23 Jun 2021 10AM 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
All episodes