Flash Briefing: Greedy Eskom staff demand 15% pay hikes; B4SA roll out vaccines; jail for tax errors; expect US boom

Loading player...
* #Eskom workers are seeking 15% wage increases, even though the utility is struggling to pay its bills and repay debt of about R465bn - and inflation is at a much more modest 3%.
* As the government fails to roll out #COVID vaccinations en masse, South Africa’s biggest business grouping has said it will help develop private industry’s capacity to administer 160,000 coronavirus vaccinations a day.
* A new set of tax law amendments make it possible for the South African Revenue Service to impose criminal sanctions on taxpayers who neglect their tax affairs, reports MyBroadband.co.za.
* The global economy is showing signs of recovery after a year of business shut downs, with forecasts of a two-year US boom. Learn more about your ad choices. Visit megaphone.fm/adchoices
16 Apr 2021 10AM English South Africa Investing · Business News

Other recent episodes

Rubio’s visa move a blunder: FW de Klerk Foundation appeals to Washington to reconsider

The Trump administration has escalated its pressure on South Africa, with Secretary of State Marco Rubio announcing new visa restrictions over land expropriation laws and racial discrimination against the Afrikaner minority. Christo van der Rheede, executive director of the FW de Klerk Foundation, calls it a profound strategic blunder, one…
18 Sep 9AM 17 min

How Alec Hogg's 45 years in journalism culminated in BizNews and its loyal "tribe"

This interview was livestreamed on Conscious Caracal on 11 September 2026. Find Ernst van Zyl's Conscious Caracal Podcast here: https://www.youtube.com/@UCeNFLCUJ2lM1S_H32ICVs4w Before BizNews, there was a bank job Alec Hogg quit within three years, a company called Moneyweb he built from a room above his garage and then lost control of,…
18 Sep 9AM 49 min

Corné Mulder says SA could have a new government before 2029

South Africa just joined a short and unflattering list of countries facing individual US visa restrictions, and Freedom Front Plus leader Corné Mulder says he saw it coming from a manifesto launch stage days before it happened. He tells Alec Hogg why he thinks Cyril Ramaphosa's habit of avoiding decisions…
17 Sep 10AM 28 min