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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
120 – 140

IAN BREMMER: US elections will not be fair, making them a toss-up

For most of the summer, former vice-president Joe Biden has maintained a sizeable polling lead over President Donald Trump in the race for the US presidency. In recent weeks though, the polls have tightened. Some of this has to do with an improving health situation in the US from the…
9 Sep 2020 11AM 3 min

Banks must keep human touch amid digital shift

Banks have had to change their business models more than in any other industry. New technology and capabilities that have been accelerated through the Covid-19 pandemic have further disrupted banking, including the hitherto slow-moving wealth management business. This has shown the importance and growth of digital banking. But with change…
9 Sep 2020 10AM 5 min

UK says it wants to avoid ‘extreme interpretations’ of withdrawal agreement

London — Britain threw Brexit trade talks into chaos on Wednesday by announcing draft legislation that explicitly acknowledges some of its provisions would break international law, according to a copy seen by Reuters. The proposals, which the government has said would break international law “in a very specific and limited…
9 Sep 2020 10AM 1 min

DA sounds warning on NHI corruption risk

The National Health Insurance (NHI) Bill has inadequate checks and balances to prevent money being looted on a huge scale, the DA warned on Wednesday. The bill, currently before parliament, is the first piece of enabling legislation for the government’s plans for universal health coverage. It proposes establishing a central…
9 Sep 2020 9AM 2 min

Good corporate governance really is good for everyone

The economy has been particularly hard hit by our response to the Covid-19 pandemic. As the dust begins to settle, business and the government are moving (with varying degrees of urgency) to set their organisations and the economy on the road to recovery. One effective weapon we have in our…
9 Sep 2020 8AM 4 min

How do you solve a problem like Mulan?

New York — It was supposed to be another $1bn blockbuster for Walt Disney — a live-action remake of a 1998 animated hit featuring an all-star Asian cast, breathtaking cinematography and plenty of martial arts. Instead, the new Mulan is proving to be a political hot potato, reflecting the US’s…
9 Sep 2020 8AM 7 min

More than 1-billion face displacement by 2050, says report

London — Rapid population growth, lack of access to food and water, and increased exposure to natural disasters mean more than 1-billion people face being displaced by 2050, according to a new analysis of global ecological threats. Compiled by the Institute for Economics & Peace (IEP), a think-tank that produces…
9 Sep 2020 8AM 2 min

More opposition members disappear in Belarus

Minsk/Moscow — The embattled Belarusian opposition lost contact with two more members of its co-ordination council as authoritarian President Alexander Lukashenko targets the leaders of the biggest protests of his 26-year rule. Lawyers Maksim Znak and Ilya Saley were targeted in separate raids on Wednesday, opposition spokesperson Gleb Germanchuk said…
9 Sep 2020 7AM 3 min

Top Tories worry Boris Johnson’s Brexit plan will break trust in UK

London — Boris Johnson is facing a backlash from within his own ruling Conservative Party after the UK government said it plans to break international law over Brexit. As trade talks with the EU continue, the prime minister will take questions in Parliament and is likely to be put under…
9 Sep 2020 7AM 4 min

How will the Alexei Navalny attack affect Russia’s voters?

Regional elections are often dull and predictable. Unfortunately for President Vladimir Putin, the ones in Russia will be neither on Sunday, when the world’s largest country by land mass goes to the polls. The dramatic poisoning of opposition campaigner Alexei Navalny adds to a string of events that will make…
9 Sep 2020 6AM 4 min

Oil stems some losses but growing Covid-19 cases worry investors

London — Oil futures clawed back some of the losses they sustained in the previous session, but a rebound in Covid-19 cases in some countries undermined hopes for a steady recovery in global demand. Brent crude was up 44 US cents, or 1.1%, at $40.22 a barrel by 7.52am GMT…
9 Sep 2020 6AM 1 min

World shares unmoved by tech stock losses and vaccine blow

London — European shares on Wednesday shrugged off heavy losses for US tech stocks and a major drugmaker delaying testing of a coronavirus vaccine, as investors kept faith in an economic recovery from the coronavirus pandemic. The broad Euro Stoxx 600 gained 0.7% in early trading, steadying after hefty declines…
9 Sep 2020 5AM 3 min

Union urges Zimbabwe nurses to end strike amid pandemic

Harare — Zimbabwe’s biggest nurses union said on Wednesday that it is encouraging its members to end a pay strike that started in June and which forced major hospitals to turn away patients at a time when the country is fighting the coronavirus pandemic. Inflation is running above 800%, reviving…
9 Sep 2020 5AM 1 min

Stronger dollar trips up gold

Bengaluru — Gold prices slipped on Wednesday as the dollar rose to multi-week highs ahead of monetary policy strategies from major central banks in North America and Europe. Spot gold was down 0.3% to $1,925.20/oz by 2.39am GMT. US gold futures fell 0.4% to $1,935.20. “Gold is edging lower as…
9 Sep 2020 2AM 2 min

Oil loses ground amid worry about a second wave

Tokyo — Oil futures fell further on Wednesday after big declines the previous session with Brent sliding below $40 a barrel for the first time since June as Covid-19 cases rebounded in several countries. The biggest global health crisis in a century continues to flare unabated with cases rising in…
9 Sep 2020 2AM 1 min

US tech sell-off upsets Asian shares

Tokyo/New York — Asian shares fell on Wednesday and oil prices hit lows not seen since June after a rout in technology shares sank Wall Street for a third consecutive day and a major drugmaker delayed testing of a coronavirus vaccine. MSCI’s broadest index of Asia-Pacific shares outside Japan slid…
9 Sep 2020 1AM 4 min
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