Eskom green shoots; Altron’s Bytes UK listing; Anglo American rebound; Clicks online boost; Slower African recovery

Loading player...
In today's business headlines:
- Eskom anticipates that its performance would improve by December this year due to what CEO Andre de Ruyter called adequate reliability maintenance, but Eskom could not eliminate the risk of load shedding going forward.
- Altron’s share price jumped by 13,93% on the JSE after the news that it was proceeding with plans to list its Bytes UK subsidiary which was a leading IT software provider, on the London Stock Exchange.
- American Plc said its mining operations have continued to recover from the early impact of the coronavirus pandemic, with production of diamonds and platinum rising sharply.
- South African drugstore Clicks Group reported a 13.7% increase in annual earnings despite the Covid-19 pandemic, as the company continued to operate during the lockdown because it was categorised as an essential service.
- Sub-Saharan African economies face a slow recovery from the coronavirus pandemic and the region’s economic growth will fall behind the rest of the world next year, according to the IMF. Eskom green shoots; Altron’s Bytes UK listing; Anglo American rebound; Clicks online boost Learn more about your ad choices. Visit megaphone.fm/adchoices
22 Oct 2020 10AM English South Africa Investing · Business News

Other recent episodes

Jacques Broodryk: Trump hits SA officials with “bombshell” visa restrictions

In this interview with Chris Steyn, Jacques Broodryk, the Chief Spokesperson for Community Safety at AfriForum, hails the announcement by the Trump administration of visa restrictions for those “responsible for, or complicit in, the enactment or implementation of laws or policies that enable uncompensated land seizures, race-based discrimination, and/or the…
16 Sep 7AM 16 min

Leon Kluge: The botanist turning South Africa's flowers into gold

Leon Kluge pulled off a hat-trick no South African had managed before: three straight gold medals at the Chelsea Flower Show, the world's most prestigious garden show. But this year's win very nearly didn't happen. Storms and flooding tore through the Western Cape days before the harvest, cutting farmers off…
15 Sep 12PM 42 min