Eskom pushing SA over cliff edge; Jozi crime; Tesla tipped to shine, Boeing not; Home Delivery food fight

Loading player...
In today’s business headlines:
• Growing problems at South Africa’s state-owned enterprises are pushing major companies towards bankruptcy and subjecting the country to rolling blackouts that are choking growth, according to the Wall Street Journal;
• Shootings in Johannesburg left two people dead and 16 injured, marring the city’s New Year celebrations and highlighting a crime problem that’s one of the government’s biggest challenges;
• The Johannesburg Stock Exchange started the year on a strong footing with the All Share Index rising 1.11% and the Top 40 shares moved up by 1.22% but the Rand weakened;
• Tesla shares are tipped to shine this year, but there is doubt about Boeing’s numbers; and
• The competition for a piece of the South African food delivery pie is heating up with Uber Eats trying to get a share of the market by going local. Learn more about your ad choices. Visit megaphone.fm/adchoices
2 Jan 2020 12PM English South Africa Investing · Business News

Other recent episodes

Tim Cohen: Doubling down on transformation

The fight over transformation policy in South Africa is intensifying as four of the biggest law firms legally challenge the new legal sector codes. Currency News Senior Editor Tim Cohen joins Irakli to discuss the deeper fault lines exposed by this clash, questioning whether the push for 50% black ownership…
18 May 11AM 9 min

Juanita du Preez: The police generals are falling like dominoes…

The deepening crisis in the South African police force has seen generals toppled either through suspension or arrest. In this interview with Chris Steyn, Action Society's Juanita du Preez comments on the suspensions of the National Commissioner, the Mpumalanga Provincial Commissioner, and the Head of Supply Chain Management, as well…
18 May 7AM 16 min

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