Generous bid for Phumelela; Distell profit fall; AYO's hefty fine; Massmart

Loading player...
In today’s news headlines:
- Distell sees headline profit fall by 64%;
- JSE fines AYO Technologies R6.5m for misleading financial results;
- Massmart suffers headline loss of more than R1bn; and
- UK bookmaker Betfred offers up to R925m for Phumelela Gaming and Leisure Learn more about your ad choices. Visit megaphone.fm/adchoices
27 Aug 2020 1PM 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