This site requires JavaScript to be enabled. Please enable JavaScript in your browser settings, or upgrade to a modern browser.

SA loses 2.2m jobs in Q2; Remgro earnings down 68%; fuel price decrease; SAA

Loading player...

In today’s news headlines:
- SA lost 2.2 million jobs in its second quarter;
- Remgro headline earnings down 68% for the year to end-June;
- NAAMSA asks government to reduce taxes on new car purchases;
- State given another week to find funding for SAA; and
- Petrol prices are due to be cut next week. Learn more about your ad choices. Visit megaphone.fm/adchoices

29 Sep 2020 1PM English South Africa Investing · Business News

Other recent episodes

BN Daybreak: SA gun stats; Phala Phala; Fed rate debate; Oil scenarios; Nvidia on AI

In today's BizNews Daybreak, SK Hynix posts profit gains while Nvidia’s CEO defends open-weight AI amid safety warnings and new hacking reports. Ford raises its outlook and Visa cuts 2,600 jobs. In South Africa, SAPS data reveals over 99% of gun murders involve unlicensed firearms, while the Phala Phala impeachment…

28 Jul 11PM 15 min

Ian Cameron: 41,000 killed with illegal guns and the factional battle for control of SAPS

In his latest interview with Chris Steyn, Ian Cameron, the Chairperson of Parliament's Portfolio Committee on Police, talks about the revelation that - in the last four financial years - over 41,000 murders were committed with unlicensed firearms, but fewer than 400 murders with licensed firearms whilst the government is…

28 Jul 6AM 22 min

BizNews Edge: Cyril's impeachment battle heads to ConCourt, billions wiped off AI chip stocks

Two judges signed the same court order and can't agree on what it actually stops. Now Ramaphosa's impeachment fight is headed to the Constitutional Court, with the ANC's own GNU partner pushing Parliament to keep working in the background regardless. Meanwhile South Africa's bookmakers want prediction markets like Polymarket treated…

28 Jul 5AM 16 min

BN Daybreak: SARB rate shock; US-Iran tensions; Zuma MK finance battle; SAPS Estate raid

In today's episode, we cover the US-Iran diplomatic talks and escalating tech wars with China's new DUV lithography machines. Locally, Jabulani Khumalo warns of Jacob Zuma's alleged plot to seize MK Party finances. We also examine a warrantless SAPS and Home Affairs raid on a Western Cape estate. Finally, Alec…

27 Jul 11PM 15 min

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

All episodes