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

Tongaat Hulett CEO Gavin Hudson is hopeful on Barloworld's bitter blow to R5.35bn deal

Loading player...

Gavin Hudson, the Chief Executive of Tongaat Hulett, discusses the recent ‘standstill’ of the transaction between Tongaat Hulett and Barloworld due to the latter’s call of a material adverse change (MAC) event for the full year due to Covid-19. Hudson expresses his disbelief that such a MAC event is present while remaining positive that, whichever way the deal goes, Tongaat Hulett will continue. - Nadya Swart Learn more about your ad choices. Visit megaphone.fm/adchoices

14 May 2020 6AM English South Africa Investing · Business News

Other recent episodes

The NdB Sunday Show: Willem Els - Why terror groups love South Africa

On today’s NdB Sunday Show, Chris Steyn talks to Willem Els, a consultant at the Transnational Threats and Organised Crime and the Justice and Violence Prevention Programme at the Institute for Security Studies (ISS) about why South Africa is considered to be so attractive to terror networks. Els describes how…

29 Mar 5AM 15 min

BN Debrief: Shifting SA politics; Old Stithians keep Warriner in their ranks; Middle East war fallout; BNC#8 highlights

This week on BizNews Debrief, we revisit standout moments from BNC#8, unpack shifting by-election trends, look at the fallout from the Craig Warriner vote at St Stithians, and examine how the Middle East war could affect everything from regional security to South Africa’s fuel bill.

28 Mar 6AM 19 min

Sha’p Left steps up expansion of nurse-led clinics to close South Africa’s primary healthcare gap

While the debate continues around the affordability of the National Health Insurance legislation introduced by the government, an initiative of the Cipla Foundation is helping to address critical shortages in primary healthcare. Sha’p Left nurse surgeries places affordable, nurse - led clinics directly inside community hubs, often at taxi ranks…

28 Mar 3AM 17 min

BNC#8: “We must rebuild policing” — Mandela's ex-bodyguard Rory Steyn on SA’s fight against crime

Drawing on decades in policing and private security, Rory Steyn delivers a sobering assessment of South Africa’s crime crisis - warning that a hollowed-out, politicised police service is failing those on the front lines. From broken crime intelligence to bloated leadership and under-equipped officers, he argues the system is no…

27 Mar 8AM 32 min

BNC#8 - Curro founder Chris vd Merwe: From teaching 40 kids out of his home to a 72,000-student empire

From a modest start teaching 40 children at home to building a 72,000-student education powerhouse, this is a story of grit, vision, and bold decisions. Discover how one entrepreneur scaled schools across South Africa, partnered with visionary investors, and ultimately helped take the company private to unlock greater impact. Packed…

27 Mar 5AM 43 min

All episodes