Eskom split in 3-5 years; Trade contracts further; Pensioners fight prescribed assets; Naspers targets machine learning

Loading player...
Eskom says it will take three to five years to fully effect a proposed split into three units after which its sole monopoly will be managing the national transmission infrastructure. 
The CPB World Trade Monitor compiled by the Netherlands Bureau for Economic Policy Analysis reports that world trade volumes contracted by 1.4% in June. 
Resistance is growing against the South African’s government’s proposal to re-introduce prescribed asset requirements, where pension funds are forced by law to invest a portion of their assets into government and SOE-issued bonds.
Naspers disclosed at its annual general meeting on Friday that it has identified machine learning and online education as areas of focus for the future. Learn more about your ad choices. Visit megaphone.fm/adchoices
25 Aug 2019 3PM 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