Guptas BEE fraud; Trump impeachment pushes gold; Sibanye job losses; Moyo pitches up again

Loading player...
Three companies linked to the Gupta-family were awarded multi-million contracts with Eskom even though their B-BBEE certificates were fraudulent.
The decision of the Democrats in the US to impeach President Donald Trump has pushed gold to a near three week high.
Sibanye Gold plans to cut 5,270 jobs at its troubled Marikana platinum mines as deadlocked wage negotiations brought a strike one step nearer.
South Africa saw larger foreign direct investment inflows in the second quarter than the first quarter but the country has entered the 10th month of a weakening cycle in September.
Peter Moyo has been prevented for a third time from returning to work at Old Mutual and wants to declare the company’s non-executive directors delinquent. Learn more about your ad choices. Visit megaphone.fm/adchoices
25 Sep 2019 2PM 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