Recession avoided; Rand rebounds: Aspen reduces debt; Boris loses majority; AMCU deregistration reconsidered; army deployed for xenophobic attacks

Loading player...
In today’s business headlines:
South Africa has averted a recession after economic growth rebounded in the second quarter;
The Rand firmed on the surprising GDP rebound;
The Pound rebounded as British Prime Minister Boris Johnson lost his majority in Parliament;
Aspen Pharmacare is making progress in reducing its debt burden, while Foschini increased sales;
The de-registration of the Association of Mineworkers and Construction Union (AMCU) laws had been halted; and
Gauteng Premier David Makhura has warned that he could deploy the army to areas in the province plagued by xenophobic attacks and looting. Learn more about your ad choices. Visit megaphone.fm/adchoices
3 Sep 2019 2PM 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