SAs in Wuhan to be flown home; Rand takes bashing; Pam Golding probed; ANC/Cosatu talk job cuts

Loading player...
In today's business headlines:
- 151 out of the 201 South Africans living in the Wuhan area of China where the coronavirus first broke out, have indicated that they wished to return home and are going to be repatriated by the Government and will be kept in quarantine for 21 days;
- The Rand is suffering its worst start to the year against the dollar since the global financial crisis in 2008 after reaching R15.79 to the U.S dollar and Bloomberg reports that it’s not about to get any better in March;
- Trade union Cosatu and the South African Communist Party have confirmed that they have been invited to a meeting of the ANC’s working committee which takes place today where the proposed cut to the public sector pay bill could be on the agenda; and
- Pam Golding Properties will be the subject of a full-scale investigation into allegedly facilitating the sale of properties to the children of former Mozambican President Armando Guebuza without following legal requirements. Learn more about your ad choices. Visit megaphone.fm/adchoices
1 Mar 2020 1PM English South Africa Investing · Business News

Other recent episodes

Boardroom Talk: RIP RW Johnson - leaving a huge hole in your nation's heart

In today's Boardroom Talk, Alec Hogg confirms the death of RW Johnson, one of South African political writing's sharpest and most combustible voices, and reflects on a decade of working with him: the audiobook that started it, the necrotising fasciitis he refused to let slow him down, the Steenhuisen column…
22 Jul 5AM 19 min

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