Eskom pollution battle; Lights on for Tito; O’Sullivan summons Myeni; CT's 'rainless day strategy'; Shoprite

Loading player...
In today's business headlines:
- Eskom is battling to keep all units of its biggest operational power plant at Kendal open after being served with a compliance notice by the environment ministry because of its high levels of air pollution;
- Eskom has indicated that the lights would be on for Finance Minister Tito Mboweni’s budget vote today as no loadshedding is planned. Eskom said emergency reserves were at adequate levels, with additional generating units expected to return to service;
- Forensic investigator Paul O’ Sullivan has served the former chairperson of South African Airways Dudu Myeni with a combined summons as she has been 'ducking and diving' since December 2018;
- Shoprite Holdings has announced that it would transfer its distribution centres and undeveloped land valued at R2bn to a new joint venture it is putting in place with Equities Property Fund; and
- Cape Town plans to spend R5.8bn over the next decade to cushion its 4 million residents against another dry spell but the city says that consumers have drastically cut water use since 2015. Learn more about your ad choices. Visit megaphone.fm/adchoices
25 Feb 2020 1PM English South Africa Investing · Business News

Other recent episodes

Cityboy is back: his tip to win big in financial services? Trade your soul

A former top-ranked City of London stockbroker has written a manual for winning at business, politics and life. There's just one catch: to follow it, you'd have to think like a psychopath. Geraint Anderson, the man behind the legendary "Cityboy" column, tells BizNews editor Alec Hogg why he built his…
30 Jul 9AM 32 min

R1-billion blended finance programme to transform real estate

In this interview with Chris Steyn, Alessandro Scalco of RMB Sustainable Finance shares the details of a R1 billion Blended Finance Programme to formalise and scale South Africa’s burgeoning affordable rental market. Rand Merchant Bank (RMB) has partnered with INDLU, a property financial technology company that empowers landowners to build,…
30 Jul 6AM 15 min

BN Daybreak: Ramaphosa interdict bid; Fed holds rates; Fauci's Fifth Amendment; Zambian kwacha

In today's episode, the Fed leaves interest rates unchanged amid a fractured vote and market sell-offs. Locally, four parties are challenging President Ramaphosa's impeachment interdict, while Treasury controversially releases funds to 69 failing municipalities. We also cover Dr. Fauci invoking the Fifth Amendment regarding the Covid-19 response, Zambia's kwacha surging…
29 Jul 11PM 16 min

Murder, mayhem, treachery, and court battles = SA politics: Solly Moeng

In his latest interview with Chris Steyn, Political Commentator Solly Moeng, talks about four political parties joining in a Constitutional Court bid to try and overturn President Cyril Ramaposa's impeachment committee interdict; a murder investigation into the death of General Sindile Mfazi, who was investigating an unauthorised undercover operation to…
29 Jul 5AM 15 min