Eskom tariff hike defeat, debt plan rubbished; Angola targets Dos Santos assets; Facebook, Huawei

Loading player...
In today's business news headlines:
* Eskom loses court battle to dramatically hike electricity tariffs;
* Analysts rubbish a proposal by trade union group Cosatu to use government employee pensions to take over about half of Eskom’s debt pile;
* Angolan president takes hard line on state capture by Isabel dos Santos, daughter of the former president and Africa’s richest woman;
* Billionaire Pieter Thiel dumps more Facebook stock;
* Donald Trump snubs Boris Johnson as bromance sours over Huawei deal in UK; and
* Coronavirus hasn’t yet filtered through to the global economy, even though nearly 1,000 people have died, says Reuters. Learn more about your ad choices. Visit megaphone.fm/adchoices
10 Feb 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