Flash Briefing: CR slams Britain, EU for hoarding vaccines; economic disaster looms, warns Winde; Steinhoff; Naspers

Loading player...
* President Cyril Ramaphosa on Tuesday urged wealthy countries not to hoard surplus Covid-19 vaccine supplies, adding his voice to calls for global production to be shared more equally.
* Western Cape Premier Alan Winde has called on government to urgently ease Covid-19 restrictions in the provice to avoid an economic disaster.
* Retailer Pepkor Holdings said on Tuesday that sales in its first quarter rose by 7.7% as it continued to acquire market share.
* Struggling retail holding investment company Steinhoff is looking to dispose of one of its best performing assets in discount retailer Pepco.
* US stocks crept higher after major indexes hit records a day earlier and investors readied for a slew of blue-chip earnings.
* Naspers and Prosus lost about 5% by the end of the trading session, following Tencent down as traders in Hong Kong took profits following Monday’s surge. Learn more about your ad choices. Visit megaphone.fm/adchoices
26 Jan 2021 11AM English South Africa Investing · Business News

Other recent episodes

BN Edge | Piet le Roux: ICASA, Starlink and the true cost of BEE

To sell internet access in South Africa, you first have to show ICASA the race of your shareholders. Sakeliga has now taken the regulator to the Pretoria High Court, but, oddly, not to scrap the 30% black-ownership rule. Chief executive Piet le Roux told Alec Hogg why he chose the…
13 Nov 6AM 28 min