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BusinessLIVE - For Your Ear

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Daily English South Africa Business News · News
12,931 Episodes
1080 – 1100

RAZINA MUNSHI: Covid-19: reason to hope?

On July 24, a little more than two weeks ago, SA recorded 13,944 new daily Covid-19 infections. This Sunday night, that figure fell to less than half that amount: 6,670. Weekly stats show a similar trend. Average daily infections recorded between July 10 and July 16 come in at 12,269,…
11 Aug 2020 1AM 2 min

Mindset of women too needs to change

Up to 70% of women have experienced physical and/or sexual violence from an intimate partner in their lifetime. Adding to this, the World Bank Social Development report on violence against women states that as much as 38% of femicide globally is committed by an intimate partner. In SA, a woman…
11 Aug 2020 1AM 6 min

JSE to open to firmer Asian markets on Tuesday

The JSE will reopen to firmer Asian markets on Tuesday morning, amid hopes of easing US-China trade tension, as well as hopes of further stimulus measures from the US Congress. Global markets were generally higher on Monday, while local markets were closed for Women's Day. US President Donald Trump has…
11 Aug 2020 1AM 1 min

EDITORIAL: SA’s impotence means more repression in Zimbabwe

“We note with great concern the unfolding political developments in Zimbabwe and hope that they would not lead to unconstitutional change of government. We urge all the parties to ensure that maintenance of peace and security as enshrined in their constitution is not compromised.” These words were not uttered by…
10 Aug 2020 2PM 3 min

LETTER: Letter about Pravin Gordhan was incorrect

Kudos to John Fairwell, author of an interesting but factually incorrect letter on Pravin Gordhan, now SA’s public enterprises minister (“Pravin Gordhan, architect of financial ruin, must go (”, August 4). He asserts that SA entered the 2000s with a debt-to-GDP ratio of 43%, which was reduced to 27% by…
10 Aug 2020 2PM 5 min

LETTER: Blushing Batohi unfit for office

It is appropriate that the national director of public prosecutions, Shamila Batohi, had the good grace to blush when questioned during her “Woman’s Day webinar” about her year of passivity in the face of the damning De Kock report of June 2019. In the report, two current senior prosecutors were…
10 Aug 2020 2PM 1 min

Lebanon ministers quit as public anger grows over explosion

Beirut — Lebanon’s cabinet faced rising pressure on Monday to step down after a devastating explosion that has stirred public outrage and prompted resignations of several ministers, with the justice minister the latest to go and the finance minister set to quit. The August 4 port warehouse detonation of more…
10 Aug 2020 1PM 4 min

Iata wants travellers to spend less time in airports in future

Technology will play a big role in successfully restarting air travel while restoring confidence in the safety of aviation, according to global industry body the International Air Transport Association (Iata). It said the recovery of air travel will be vital to enabling the global economy to bounce back from the…
10 Aug 2020 1PM 3 min

Western Cape turns heat up on government to lift booze ban

Pressure is mounting on the government to lift the ban on the sale of alcohol and to allow for more economic activity to prevent huge job losses. The DA-led Western Cape provincial government took a firm stance at the weekend, stating that domestic alcohol sales should be allowed immediately, “with…
10 Aug 2020 1PM 4 min

Media tycoon Jimmy Lai arrested as Chinese crackdown on Hong Kong hots up

Hong Kong — Right before China retook control of Hong Kong in 1997, tycoon Jimmy Lai started Apple Daily in part to promote democracy in the city. For 25 years the newspaper survived advertising boycotts and political pressure but never backed off its tough coverage of the Chinese government and…
10 Aug 2020 12PM 5 min

ROGER BAXTER: Tough choices required to get SA on road to growth

The economic recovery strategy published in July by Business For SA (B4SA), aimed at achieving high levels of inclusive economic growth to recover from the Covid-19 crisis and the economic crisis that preceded it, must form the basis for any recovery plan. SA’s pre-Covid economy was marked by declining international…
10 Aug 2020 12PM 7 min

Kenya’s tourism sector now game for bigger local market

At a time when hundreds of thousands of tourists would be making their way to Kenya to witness the famed wildebeest migration in the Maasai Mara, the national reserve is quiet in 2020 as Covid-19 puts a stop to tourist arrivals in East Africa’s largest economy. Despite the removal of…
10 Aug 2020 10AM 3 min

Ethiopian Airlines’ strategy gives it a shot at survival

If any African airline is having a reasonable pandemic, it is Ethiopian Airlines. Contrary to many of its regional and global counterparts, Ethiopian Airlines claims it has dealt with the crisis without reducing salaries or asking the government for a bailout (though reports in April suggested some staff have been…
10 Aug 2020 10AM 7 min

How New York estate agents fuel inequality and segregation

New York — A new book argues that the stratification in quality of life between New York’s rich and poor neighbourhoods is at least partially the result of real estate agents. “Agents’ work in shaping buyers’ choices leads to upselling,” writes author Max Besbris, referring to the phenomenon of homebuyers…
10 Aug 2020 2AM 5 min

NPOs are needed now more than ever, so show them the money

The staggering human impact of the Covid-19 pandemic has seen a groundswell of awareness and discussion over the long-term sustainability of the country’s not-for-profit organisations (NPOs) — the sector most directly involved in relief efforts to SA’s most vulnerable communities. Right now, many NPOs are struggling. The pandemic has created…
10 Aug 2020 2AM 4 min

The sad relics of life before the pandemic as people go back to work

New York — Office workers returning for the first time after their abrupt departures in March are discovering relics of a different life. Tickets for cancelled concerts. Winter clothes. Milk that expired four months ago. Calendars turned to March. Yellowed newspapers proclaiming the worst stock market crash in decades. That’s…
10 Aug 2020 2AM 5 min
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