Court declares SA Covid-19 lockdown regulations 'invalid'; Nedbank, RMB named in forex scandal; Hammerson; Sasol

Loading player...
In today's news headlines:
* A South African court has ruled that lockdown regulations implemented by the government are invalid. This was announced late on Tuesday by Phumla Williams, a spokeswoman for the cabinet;
* Nedbank Group, FirstRand’s Rand Merchant Bank and Standard Bank Group’s Standard Americas have been added to the expanded scope of prosecution in a currency trading scandal;
* The Reserve Bank will not buy debt directly from the government, because it does not want to discourage the government from carefully managing its costs;
* Mediclinic reports losses linked Covid-19 containment; and
* Hammerson, Sasol, Telkom leap on the JSE. Learn more about your ad choices. Visit megaphone.fm/adchoices
2 Jun 2020 1PM English South Africa Investing · Business News

Other recent episodes

How solidarity plans to force out BEE by 2030: Connie Mulder | The NdB Sunday Show

In this edition of the NdB Sunday Show with Chris Steyn, Connie Mulder, the head of Solidarity's Research Institute (SRI) shares its comprehensive roadmap to gradually transition South Africa from race-based legislation to real empowerment, based on need, economic growth and job creation by 2030. It includes practical suggestions on…
17 May 7AM 30 min

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