Cigarette ban 'spectacular failure'; extra cash for every EC job saved; grounded SAA guzzles R10bn; SA on UK rich list

Loading player...
In today's news headlines:
* The cigarette ban a ‘spectacular failure’, with nine out of 10 smokers breaking the law during lockdown and the illicit trade flourishing, UCT research finds;
* The Eastern Cape plans to offer employers R10,000 for every manufacturing job saved;
* SAA continues to suck up billions of taxpayers' funds, even though it is grounded and being managed by business rescue specialists;
* As the Covid-19 pandemic risks dragging Africa into the worst economic recession on record, governments from Ghana in the west to Rwanda in the east have started to ease restrictions, reports Bloomberg; and
* Covid-19 has shaken up stock markets and wiped out asset values for many, but wealthy South Africans still feature on the UK’s rich list. These include Nicky Oppenheimer, whose family has donated generously to SA efforts to prop up the economy and help the poor, and short-term insurance entrepreneur Douw Steyn and first African in space Mark Shuttleworth. Learn more about your ad choices. Visit megaphone.fm/adchoices
17 May 2020 8AM English South Africa Investing · Business News

Other recent episodes

LGEs 2026: The ANC, DA, MKP, EFF, IFP, Freedom Front, Patriotic Alliance, ActionSA

In this edition of the NdB Sunday Show with Chris Steyn, Elections Analyst Wayne Sussman dissects the preparedness and likely outcome for South Africa’s top eight political parties ahead of the Local Government Elections in November. He predicts a “car crash” for President Cyril Ramaphosa’s ANC “going into the election…
20 Sep 3AM 24 min

Rubio’s visa move a blunder: FW de Klerk Foundation appeals to Washington to reconsider

The Trump administration has escalated its pressure on South Africa, with Secretary of State Marco Rubio announcing new visa restrictions over land expropriation laws and racial discrimination against the Afrikaner minority. Christo van der Rheede, executive director of the FW de Klerk Foundation, calls it a profound strategic blunder, one…
18 Sep 9AM 17 min

How Alec Hogg's 45 years in journalism culminated in BizNews and its loyal "tribe"

This interview was livestreamed on Conscious Caracal on 11 September 2026. Find Ernst van Zyl's Conscious Caracal Podcast here: https://www.youtube.com/@UCeNFLCUJ2lM1S_H32ICVs4w Before BizNews, there was a bank job Alec Hogg quit within three years, a company called Moneyweb he built from a room above his garage and then lost control of,…
18 Sep 9AM 49 min