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BusinessLIVE - For Your Ear

Listen to the latest BusinessLIVE articles from the news desk of Business Day, Financial Mail and the Business Times.

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Daily English South Africa Business News · News
12,931 Episodes
100 – 120

GIULIETTA TALEVI: SA stocks rocket — despite the ominous threat of EFF violence

It’s been a while, but SA Inc shares finally copped a break from their general market malaise yesterday. Banking and retail stocks flew — barely 24-hours after the devastation of government’s response to Covid-19 was laid bare in truly horrendous GDP numbers, as the economy contracted 16.4% in the second…
9 Sep 2020 4PM 3 min

THULI MADONSELA: How did the EFF get it so wrong?

It is said that protest is the language of the unheard while violence is the language of the disempowered. As we watch members of the EFF physically blocking people from entering the stores of retailer Clicks and, in some cases, trashing stores, we must ask ourselves if the EFF, a…
9 Sep 2020 3PM 4 min

SA needs more diplomatic muscle to crack Zimbabwe’s defiant government

Amid a spiralling economic and political crisis, Zimbabwean President Emmerson Mnangagwa addressed the people of his country on August 4. His speech, though sudden — four days after his government’s violent clampdown on the July 31 citizen protests — was highly anticipated. There may have been a desperate hope among…
9 Sep 2020 3PM 6 min

Trump said he played down severity of Covid-19 to avoid panic

New York — President Donald Trump told journalist Bob Woodward that he intentionally downplayed the severity of the coronavirus in public comments to avoid triggering a panic. “I wanted to always play it down, I still like playing it down, because I don’t want to create a panic,” Trump told…
9 Sep 2020 3PM 4 min

EDITORIAL: An offensive advert, and a cynical offensive

There is no excuse for the extremely offensive hair advert on pharmacy and cosmetics group Clicks’s website and it is right that those responsible face harsh action. Clicks found itself headline news earlier this week because of an offensive hair-care product advert that described the hair of a black woman…
9 Sep 2020 2PM 3 min

BREAKING NEWS: Renowned human rights lawyer George Bizos dies

Renowned human rights activist and lawyer George Bizos has died. Ahmed Kathrada Foundation executive director Neeshan Balton tweeted that a “towering giant” had fallen. His family said when contacted they are preparing a statement. “We are immensely saddened by the news of the passing of George Bizos, a towering giant…
9 Sep 2020 2PM 2 min

Mozambique troops committed human rights violations, says Amnesty International

Mbombela/Maputo — Mozambique’s armed forces torture detainees and have discarded a large number of bodies in apparent mass graves as they fight an insurgency linked to Islamic State (IS) in an area rich in natural gas, Amnesty International said. The London-based organisation said in a statement on its website on…
9 Sep 2020 1PM 1 min

Palm-oil industry considers using convicts amid virus-driven labour shortage

Kuala Lumpur — The coronavirus crisis has pushed the Malaysian palm-oil industry into a labour crunch so severe that it is turning to convicts for help. Producers of the tropical oil are reaching out to prison departments in search of locals for work in the palm industry that is considered…
9 Sep 2020 12PM 2 min

But do US voters see who the real loser is?

President Donald Trump may have many flaws but to give credit where it is due, he is world-beatingly excellent at causing offence.Not world-leading, to be sure, because any hope that the current US administration is stacked with leaders, as Covid-19 roils from state to state, is surely as forlorn as…
9 Sep 2020 12PM 1 min

Trump to withdraw 2,000 troops from Iraq during September

London/Washington — The US announced a further reduction of troops in Iraq, as President Donald Trump underscores his long-standing pledge to exit “endless wars” in the Middle East. “In recognition of the great progress the Iraqi forces have made and in consultation and co-ordination with the government of Iraq and…
9 Sep 2020 12PM 3 min

Fire destroys migrant camp on Greek island of Lesbos

Lesbos — Thousands of migrants were left without shelter on Wednesday after overnight fires gutted their overcrowded camp on the Greek island of Lesbos, and authorities warned that some asylum seekers who tested positive for Covid-19 could spread the virus. The Moria camp, which hosts more than 12,000 people, was…
9 Sep 2020 12PM 3 min

Warren Buffett’s Berkshire bets on hot tech IPO Snowflake

As investors fret over whether high-flying technology stocks are now too frothy, the recent volatility is not scaring away Warren Buffett’s Berkshire Hathaway — at least not when it comes to getting in on the ground floor of what may be one of the year’s most sought-after tech IPOs. Yes,…
9 Sep 2020 11AM 4 min

AG guidelines ensure politicians have no excuse to prevent mismanagement

Government officials and politicians will no longer have the ability to feign ignorance about the measures that should have been taken to prevent financial mismanagement and corruption, after auditor-general Kimi Makwetu released specific guidelines on this on Wednesday . Corruption and financial mismanagement is a major issue in SA, as…
9 Sep 2020 11AM 3 min

Ters benefit extended, but payments suspended once again

The government’s relief scheme for workers has been extended until mid-September, but the payment of benefits has been suspended. The Unemployment Insurance Fund (UIF) said the payments of the Temporary Employer/Employee Relief Scheme (Ters) had been suspended on Monday. “The UIF has delayed the Covid-19 Ters benefits payments to mitigate…
9 Sep 2020 11AM 3 min

EDITORIAL: ANC’s Ace idea for Zimbabwe

After years of complicit inactivity — also known as "silent diplomacy" — in response to goings-on in Zimbabwe, SA finally took a step forward last month, when President Cyril Ramaphosa sent special envoys Sydney Mufamadi and Baleka Mbete to suss out the situation across the border.It was a damp squib…
9 Sep 2020 11AM 1 min

AB InBev must allow a new chair to make their own changes

It’s not surprising that AB InBev has begun the search for a successor to long-time CEO Carlos Brito. But it’s especially good news that the company is open to outside candidates, as reported by the Financial Times. A fresh face will be better placed to take the hard-nosed decisions on…
9 Sep 2020 11AM 3 min

EDITORIAL: Eskom: of blackouts and consequence

The ANC has had numerous slogans over the years, retreaded for different election cycles. Few will forget the 1994 election debut of the party to the motto of "a better life for all". At the time, it was a galvanising slogan, easy to rally behind.During the Jacob Zuma years, and…
9 Sep 2020 11AM 3 min
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