CR finds R500bn to boost SA to ease Covid-19 strain, job creation; Land Bank, SAA failures; Sasol; Rand

Loading player...
In today's news headlines:
* As the number of Covid-19 deaths in South Africa hovers around 60, President Cyril Ramaphosa and his team have found R500bn to boost the economy as it takes strain under Covid-19 containment measures;
* Another State Owned Enterprise, this time the Land Bank, is in deep financial trouble, warning that defaults loom;
* The Public Enterprises Ministry has promised to work with unions to develop a new airline out of the ashes of SAA; and
* Sasol's share price, which has been decimated this year, has been unfairly treated by investors, says Old Mutual. Learn more about your ad choices. Visit megaphone.fm/adchoices
21 Apr 2020 3PM English South Africa Investing · Business News

Other recent episodes

BN Edge | Piet le Roux: ICASA, Starlink and the true cost of BEE

To sell internet access in South Africa, you first have to show ICASA the race of your shareholders. Sakeliga has now taken the regulator to the Pretoria High Court, but, oddly, not to scrap the 30% black-ownership rule. Chief executive Piet le Roux told Alec Hogg why he chose the…
13 Nov 6AM 28 min