Brace for downgrade shock - Mboweni; Motsepe's R1bn to fight Covid-19; Sasol

Loading player...
In today's news headlines:
* The decision by Moody’s could not have come at a worse time, is the warning from Finance Minister Tito Mboweni. South Africa, like many other countries, is seized with containing the outbreak of the coronavirus;
* SA braces for the fallout from a Moody's credit ratings downgrade - which was expected, but comes at the worst possible time, government warns;
* Africa is 2-3 weeks away from coronavirus peak, says UN, as the continent reports more than 3,000 across countries;
* Covid-19 will hurt for at least 1 year, warn experts; and
* Sasol is producing alcohol sanitisers, prioritising SA market. Learn more about your ad choices. Visit megaphone.fm/adchoices
29 Mar 2020 10AM 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