Another govt bailout to fuel SAA; Covid-19 schools bungle apology; Sasol; CR congratulates Musk for SpaceX success

Loading player...
In today's news headlines:
* SA taxpayers are to stump up billions of rands to fuel the draft rescue plan for South African Airways;
* Department of Basic Education Minister Angie Motshekga has apologised for delaying her address to the public, as well as her late postponement of the return to schools of students from 1 June until 8 June;
* South Africa's stock market rally may soon fizzle, say stock market analysts;
* President Cyril Ramaphosa has congratulated global tech entrepreneur Elon Musk - born in South Africa and who still holds South African citizenship along with passports for the US and Canada - for his company's historic commercial flight to the international space station; and
* Sasol was among the best performers on the Johannesburg stock exchange on Monday, gaining about 12%. Learn more about your ad choices. Visit megaphone.fm/adchoices
1 Jun 2020 12PM English South Africa Investing · Business News

Other recent episodes

Unlocking High-Yield Private Debt: The Jaltech Income Opportunities Fund

Join the leadership team at Jaltech for an exclusive overview of the new Jaltech Income Opportunities Fund - a spin-off from their highly successful Section 12J investment strategy. Designed to target structured debt funding for established, mid-sized South African businesses, this fund addresses an unserved niche left open by traditional…
24 Jul 5AM 29 min

BN Daybreak: Zille on Joburg's last chance; AI stock warnings; Cape gangs; Civic tech

In today's BizNews Daybreak, Helen Zille warns Johannesburg faces its final chance to reverse municipal collapse. Heindrich Wyngaard explains why military presence alone cannot dismantle the Cape Flats' deep-rooted gang economy. Lance Dickson introduces "Ryze," a platform channeling public rage into organized civic action. Finally, Sean Peche cautions investors against…
23 Jul 11PM 15 min

Parliament faces protest over lagging legislation for a provincial referendum

In this interview with Chris Steyn, Heindrich Wyngaard, the executive chairperson of Cape Forum, details plans for a protest outside the National Assembly next month over the long wait for appropriate legislation to enable a provincial referendum . “And we are also planning to be present at that Home Affairs…
23 Jul 9AM 18 min