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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
720 – 740

Alan Winde asks Cape residents to support local business as Covid-19 eases

As the Western Cape’s coronavirus epidemic shows continued signs of easing, premier Alan Winde urged locals to venture out and support local businesses hard hit by the economic fall out of the disease. His comments come two days after the government moved the country to alert level 2, easing most…
20 Aug 2020 11AM 2 min

Former Donald Trump campaign CEO Steve Bannon arrested for fraud

New York — Stephen Bannon, one of the architects of Donald Trump’s presidential campaign, has been arrested over his involvement in an online fundraising group that raised more than $25m to help fund a wall on the US-Mexico border. Despite portraying We Build the Wall as a volunteer organisation, Bannon…
20 Aug 2020 10AM 1 min

LETTER: Denel an albatross around taxpayers’ neck

Terry Crawford-Browne is correct in saying that Denel is unfixable and should be liquidated. (“Denel is unfixable and Business Day should know it”, August 18). The postapartheid government was unrealistically optimistic in believing Denel would become a profitable arms exporter. For most of its existence this state-owned enterprise has been…
20 Aug 2020 10AM 1 min

LETTER: Black leadership is what matters to black lives

As members of a multiracial nation with a racist history, most South Africans should recognise the national importance of continuously and determinedly fostering racial harmony among our citizens. Racism in any form will destroy the prospects of our citizens living in peace and prosperity with one another. If the slogans,…
20 Aug 2020 10AM 1 min

David Mabuza skips Q&A session but is ‘not in ICU’, spokesperson says

Deputy President David Mabuza is neither “incapacitated” nor lying in a sick bed in an intensive care unit, but is merely heeding medical advice by staying away from question-and-answer sessions with MPs in parliament, his parliamentary counsellor, Hope Papo, said Thursday. Papo, an ANC MP, told a meeting of the…
20 Aug 2020 9AM 2 min

LETTER: Slap in the face

The deployment of embattled former eThekwini mayor Zandile Gumede as an ANC member of the provincial legislature in KwaZulu-Natal is a slap in the face of the people of the province. It shows that Luthuli House is in tatters; the centre is not holding. She and others of her ilk…
20 Aug 2020 9AM 1 min

LETTER: Government was reckless on pay deal

Thanks to Craig Moffet for an interesting and well argued piece (“Extraordinary times require extraordinary measures on public sector pay”, August 17 ( The real problem is that the SA government entered into the agreement recklessly in the first place. The negotiators, on behalf of our government, knew full well…
20 Aug 2020 9AM 1 min

Canadian prime minister shows true colours

It’s safe to say Justin Trudeau has arrived as a Canadian prime minister. The callow scion deemed “just not ready” by the Conservatives in 2015, and who promised to do politics differently, has officially completed his transformation into a leader who is ruthless, cynical and disdainful of parliament. He coldly…
20 Aug 2020 9AM 2 min

Pandemic will help Africa to leapfrog to clean energy

Concerns that the Covid-19 pandemic could put clean energy on the back burner appear to be unfounded. Experts forecast that clean energy technologies will account for 40% of global energy generation in 2020 and that, far from slowing down the shift, the pandemic is boosting it by further exposing the…
20 Aug 2020 9AM 4 min

LETTER: Land hunger makes people vulnerable

The desperation of people to own a piece of land on which they can build themselves a home has made many South Africans easy prey for criminals. People should be wary of falling into the trap of buying land illegally from strangers who do not produce sufficient tangible proof that…
20 Aug 2020 9AM 1 min

Anti-Putin activist Alexei Navalny in coma likely from poisoning

Moscow — Russian opposition politician Alexei Navalny was in a coma in a Siberian hospital on Thursday after drinking a cup of tea his spokesperson said she believes was laced with poison. A fierce critic of President Vladimir Putin, Navalny started feeling ill when returning to Moscow from Tomsk in…
20 Aug 2020 9AM 3 min

LETTER: Mthethwa is out of line

Sports minister Nathi Mthethwa is out of line in asking SA Rugby to make a pronouncement on the actions of eight SA players, who declined to kneel in support of the Black Lives Matter (BLM) movement ahead of a match played in Britain at the weekend. The players were well…
20 Aug 2020 8AM 1 min

BHEKI NTSHALINTSHALI: Ramaphosa has reopened a stagnant and bleeding economy

The further reopening of the economy by President Cyril Ramaphosa has created positivity and optimism for many South Africans, who are desperate for good news. The announcement represents an improvement because tax relief and other announced economic measures were proving useless in the face of the lockdown, with companies not…
20 Aug 2020 8AM 6 min

Assimi Goita tells Malians he is head of the junta that ousted the president

Bamako — Army colonel Assimi Goita presented himself as head of the junta that ousted Mali's president, as its spokesperson sought to reassure citizens that daily life could resume as normal from Thursday. Junta members met government ministry officials late on Wednesday to map out a return to stability, a…
20 Aug 2020 7AM 2 min

The 4IR could be a vaccination against the procurement virus

Procurement legislation needs a massive overhaul with regard to new technologies. Legislation being introduced presents an opportunity to revolutionise the current procurement regime while remaining true to the principles of cost-effectiveness, fairness, transparency, equity and competitiveness, which are designed to advance economic development; poverty eradication; job creation; redress of imbalances…
20 Aug 2020 7AM 7 min

Obama’s plea for Joe Biden, and put-down of Donald Trump

Bethesda — Former president Barack Obama gave an impassioned and emotional plea for Americans to vote for Joe Biden this election, evoking the civil rights movement as he argued that democracy itself is at stake. He began by asserting that his successor did not deserve re-election: “Donald Trump hasn’t grown…
20 Aug 2020 6AM 2 min

Acsa signs new R3bn loan with banks

Airports Company SA (Acsa) has signed a new R3bn loan with domestic banks and shelved major projects to shore up its finances during the coronavirus crisis, its CFO said on Thursday. Since March, when a state of disaster was declared to contain the Covid-19 pandemic, major domestic airports, such as…
20 Aug 2020 6AM 2 min
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