Flash Briefing: Alcohol ban threatens more jobs, hammers glass industry; booze ban arrests; Sibanye; Truworths

Loading player...
In today's headlines:
* The alcohol ban is hammering South Africa’s glass packaging industry, which could lose a further R1.5bn in sales;
* Acting on tip-offs, police have been cracking down on restaurants serving alcohol in contravention of Covid-19 regulations;
* Global stock markets sank on Monday as soaring Covid-19 cases offset investor hopes of a quick economic recovery;
* Truworths was one of the best performers at the start of the week, gaining about 15% even though it has warned of a profit drop. Learn more about your ad choices. Visit megaphone.fm/adchoices
18 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