The strike in the steel and engineering sector is over, Chinese property giant Evergrande is reported to have found the necessary funds to pay a dollar bond, and a US regulator has made a record payout to a whistleblower.
Are we heading for an interest rate increase? Multichoice Nigeria is cleared to appeal a 4.4 billion US dollar tax claim, and Bitcoin records a new record high.
Are foreigners net buyers or sellers of government bonds? Airports Company SA reports its worst loss in 28-years, and Fly Safair wants the government to move weekday public holidays.
South Africa faces a catastrophic increase in the price of fuel before the end of the year, the tourism industry continues to battle the effects of the covid pandemic, and the markets are in reasonable shape.
NERSA rejects Eskom's price plan going into 2025, MTN and Vodacom join Telkom in suing ICASA over a bid to take back emergency spectrum, and the strikes in the steel and engineering sectors continue.
SA's Energy Minister says developed countries must not give South Africa conditions for international funding, while an analysis by Tech Central suggests as much as half of Eskom's coal fire stations are offline, and legendary entrepreneur Brian Joffe steps down.
The NUMSA led strike in the engineering sector looks set to continue while union members at SAA continue to protest what they deem to be 'deplorable' working conditions, the markets remain mixed.
The ongoing strike in the steel sector could lead to job losses, the global energy squeeze continues as France swings back to nuclear power, and the JSE slightly down.
Shares in cement maker PPC jump due to a new protective government ban, stand by for a probable interest rate hike in November, and the Nobel prize in economics is shared by three US scholars.
The tourism industry breathes a sigh of relief as South Africa is removed from the UK's red list, in a major coup for small businesses Santam loses appeal on covid-19 payouts, and the markets are in much better shape.
The SA liquor industry resumes tax payments of two and a half billion rands per month, the new communications minister says the outage of global social media platforms this week is a reminder that government can do more to support the development of similar technology, and the markets look a…
Eskom is now the biggest emitter of sulfur dioxide in the world, Sanlam buys Absa's investment management businesses, and the markets are in somewhat better shape.
South Africa could be off the UK's Covid travel red list by Thursday, Bioentech says a new vaccine formula is likely to be needed by mid-2022 to protect against future mutations of the virus, and mixed signals from the markets. (Chris Buchanan was in for Chris Gibbons this morning)
Five billion dollars may be on the table to assist South Africa in breaking its dependence on coal-fired electricity, a suspect related to alleged money laundering related to the Guptas and state capture has appeared in court, and the markets remain mixed.
An interest rate hike may be closer than we think, Bloomberg reports we are taking pressure from a slow down in China's economy, and SA's red list coronavirus status continues to cripple the tourism industry.
China dominates business headlines, property giant Evergrande defaults on crucial bond repayment, and in case you missed it, the Reserve Bank Thursday decided to leave interest rates unchanged.
SA Airways back in the skies as of today, mining houses score a major victory in the High Court, and interest rates in the USA expected to rise mid 2022.
23 Sep 2021
2 min
960 – 980
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