Flash Briefing: Fuel prices hit record-high; 2021 Local Elections update; SA pension funds banned from crypto investment

Loading player...
News headlines:
*South African motorists will be hit with record-high fuel prices from Wednesday, with petrol prices increasing R1.21 and diesel prices shooting up R1.48.
*South African pension funds will be banned – in no uncertain terms – from investing in bitcoin or its sibling cryptocurrencies, under new draft rules.
*With over a third of votes counted, the ANC remains well below 50% of the national vote in the 2021 Local Elections, and of the major Metros, is only above this critical level in eThekwini. Learn more about your ad choices. Visit megaphone.fm/adchoices
2 Nov 2021 10AM English South Africa Investing · Business News

Other recent episodes

Andrew Morphew - SA’s FMD plan fails as vaccinated animals become infected…

South African farmers are furious with the State's failures in its handling of the Foot and Mouth Disease outbreak and vaccination programme. In this interview with Chris Steyn, Andrew Morphew, the spokesperson for FMD Response SA says: “We are seeing the virus is continuing to spread. There's Foot and Mouth…
19 May 6AM 13 min

Tim Cohen: Doubling down on transformation

The fight over transformation policy in South Africa is intensifying as four of the biggest law firms legally challenge the new legal sector codes. Currency News Senior Editor Tim Cohen joins Irakli to discuss the deeper fault lines exposed by this clash, questioning whether the push for 50% black ownership…
18 May 11AM 9 min

Juanita du Preez: The police generals are falling like dominoes…

The deepening crisis in the South African police force has seen generals toppled either through suspension or arrest. In this interview with Chris Steyn, Action Society's Juanita du Preez comments on the suspensions of the National Commissioner, the Mpumalanga Provincial Commissioner, and the Head of Supply Chain Management, as well…
18 May 7AM 16 min