CR starts Covid-19 graft crackdown in own office; more Eskom power cuts; Steinhoff; Rand

Loading player...
In today's news headlines:
* President Cyril Ramaphosa has promised to take a hands-on approach to Covid-19 corruption - and it appears that he is starting in his own office.
* World Bank researchers estimate that an Africa-wide trade deal will lift 30 million Africans out of extreme poverty and 68 million from moderate poverty by 2035.
* More power cuts loom, with Eskom warning on Monday that it may implement load shedding after six generation units tripped.
* Shareholder rights group European Investors VEB said on Monday it supports Steinhoff’s proposal to pay around $1bn to settle outstanding legal claims following a massive accounting fraud, according to Reuters.
* The rand rallied on Monday. Learn more about your ad choices. Visit megaphone.fm/adchoices
27 Jul 2020 2PM English South Africa Investing · Business News

Other recent episodes

Helen Zille: “Johannesburg is on the brink of collapse” — Inside her plan to save SA’s biggest city

Helen Zille says Johannesburg’s crisis is far worse than she imagined, warning the city faces financial collapse, crumbling infrastructure, and coalition chaos. In this wide-ranging interview, she outlines her plan to restore water, electricity, roads, and investor confidence while exposing deep governance failures, corruption, and “last lap looting” inside the…
22 May 2AM 33 min

BN Daybreak - Fri 22 May 2026: Zille slams Joburg budget; Roodt on Crypto; Hoatson urges pushback; and Gupta delays

In today's BizNews Daybreak, we cover the latest business and political updates. On the international front, US-Iran tensions escalate over Strait of Hormuz tolls, while SpaceX scrubs its 12th Starship test mission. Locally, Helen Zille warns of Johannesburg’s collapsing municipal budget and failing infrastructure, economist Dawie Roodt discusses Treasury's futile…
21 May 11PM 15 min

Jacques Broodryk - AfriForum goes after the elusive Guptas…

AfriForum has asked the National Director of Public Prosecutions, Advocate Andy Mothibi, for an urgent update on the much delayed extradition of the Guptas who allegedly benefited from State Capture to the tune of between R50 and R70 billion. In this interview with Chris Steyn, Jacques Broodryk, AfriForum’s Chief Spokesperson:…
21 May 5AM 9 min