New DA leader John Steenhuisen; Trump vs Biden; Comair flying again; Prosus share buy-back; expensive Jooste SMS

Loading player...
In today's business headlines:

- John Steenhuisen has been elected as the Democratic Alliance’s new leader for the next three years following its virtual Federal Congress over the weekend.
- All eyes will be on the United States this week where it will be determined if the world would have four more years of Donald Trump or whether Joe Biden will take over the reigns of the world’s most powerful country.
- Comair, the South African partner of British Airways, said it secured financing from banks, paving the way for the resumption of flights in December.
- Prosus says it would buy back up to $5billion in its own and South African parent Naspers’ shares as part of efforts to narrow a discount between the companies’ share prices and underlying assets.
- In what the Financial Sector Conduct Authority calls the most expensive SMS in South Africa's history, former Steinhoff Chief Executive Officer, Marcus Jooste has been fined more than R162 million for insider trading. Learn more about your ad choices. Visit megaphone.fm/adchoices
1 Nov 2020 8AM English South Africa Investing · Business News

Other recent episodes

How Egoli Youth Empowerment turned squash into a pathway to opportunity for Joburg's youth

Egoli Youth Empowerment started with squash courts in Soweto and grew into a holistic youth development programme spanning sport, academic support, life skills, leadership, entrepreneurship and urban farming. Director Glenn Lazarus and Programme Director Sharon Sibanda tell BizNews how EYE is creating safe spaces, developing young talent, and helping vulnerable…
15 May 9AM 19 min

Fighting to save South Africa’s moral compass: Unashamedly Ethical's Gary Power

Gary Power lifts the lid on corruption, ethical collapse, and the fight to rebuild South Africa from the ground up. In this powerful conversation, the CEO of Unashamedly Ethical shares how his father transformed a major construction business, why integrity is a survival strategy, and how collective action, faith, and…
14 May 6AM 28 min