Flash Briefing: DA also guilty of cadre deployment, CR tells Zondo; SA to get Covid vaccines from Russia, China; Pepkor

Loading player...
* President Cyril Ramaphosa acknowledged to the people of South Africa that state capture took place under the ANC but insisted that “the vast majority of ANC leaders, members and cadres are vehemently opposed to corruption in all its manifestations”.
* Under mounting criticism for dominating vaccine resources, the U.S. said this week that it will help India by sending items needed to manufacture vaccines as part of an aid package.
* South Africa plans to buy Russia’s Sputnik V vaccines and shots developed by China’s Sinopharm Group Co. Ltd as it steps up efforts to tackle the coronavirus.
* Mango Airlines, the low cost arm of state-owned South African Airways, was forced to suspend all flights after missing payments to the country’s airports regulator.
* South African retailer Pepkor Holdings said on Wednesday half-year earnings were expected to rise by at least 20%, supported by growth at its discount clothing business and a reduction in net debt and finance costs. Learn more about your ad choices. Visit megaphone.fm/adchoices
28 Apr 2021 11AM English South Africa Investing · Business News

Other recent episodes

Zuma in crisis: Disgruntled MKP members to vote ARU - Jabulani Khumalo

In his latest interview with Chris Steyn, the real founder of MKP, Jabulani Khumalo, comes out in support of The African Renaissance Unity Party (ARU) founded to lobby for the interests of traditional chiefs and their communities. With Khumalo's battle to reclaim control of the party - “hijacked” by former…
27 Jul 10AM 17 min

Eva Crouwel - When the State comes to your Gate….

An anti-immigration raid on a private housing estate in the Western Cape is causing a furore. In this interview with Chris Steyn, Eva Crouwel, a property owner on High Riding Estate, describes how police in a fleet of about six vans - accompanied by Home Affairs officials - descended on…
27 Jul 7AM 10 min

BN Daybreak: SA-Israel tension; Nvidia-OpenAI deal; US tariffs; Fed rate outlook; Energy Risks

In today's BizNews Daybreak, we explore global market pressures, starting with new US Section 301 tariffs affecting South Africa and 60 other economies. Former Israeli adviser Mark Regev discusses strained Pretoria-Israel relations and ICJ genocide charges. Furthermore, we preview upcoming central bank rate decisions, Nvidia’s potential $250B OpenAI data center…
26 Jul 11PM 14 min