Sasol powers up the JSE, with 270% return; SA GDP shrinks; Zimbabwe security force leaders ordered bank account closures

Loading player...
In today's news headlines:
* South Africa’s recession deepened in the first quarter of 2020, with official data on Tuesday showing that gross domestic product contracted 2% from the previous three months;
* South African stocks are about to round off their strongest quarter in almost two decades, with Sasol leading the pack with a staggering gain of more than 270%;
* Zimbabwe's security force leaders are behind the sudden closure of the country’s stock market and a block on bank accounts; and
* Springbok Sevens coach Neil Powell congratulated the All Blacks Sevens team after they were named winners of the 2019/20 HSBC World Rugby Sevens Series on Tuesday. Learn more about your ad choices. Visit megaphone.fm/adchoices
30 Jun 2020 2PM 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