France considers Eskom aid; Loadshedding dents rand surge; Branson considers SAA stake

Loading player...
In today's business headlines:
France is considering providing financial support to Eskom according to the Business Times.
British billionaire Richard Branson will look at buying a stake in South African Airways if he is approached.
Eskom has warned that the power system remains constrained and vulnerable and that any shift could lead to load shedding at short notice.
The Rand which has rallied last week to its firmest level in three weeks on the back of renewed hopes of a US-China trade deal slipped back after the nationwide electricity blackouts reignited worries about the economy.
London City traders have urged the United Kingdom and European exchanges to cut trading hours to improve work-life balance.
With calls on the government to get on with plans to get the economy going; the ANC met members of its alliance, the South African Communist Party, Cosatu and civic organisation SANCO yesterday to discuss the Treasury’s economic rescue plan; and
An earthbound jet known as the Bloodhound is on target to set a new land speed record in South Africa. Learn more about your ad choices. Visit megaphone.fm/adchoices
10 Nov 2019 12PM English South Africa Investing · Business News

Other recent episodes

BN Daybreak: Apple earnings; Amazon AWS; RMB housing; Anglo’s SA exit; Tesla China sale

Today's BizNews Daybreak covers Apple's quarterly results, Rivian's SUV success, and Anthropic's AI breach, alongside a semiconductor rally driven by Microsoft and Oracle. Football federations oppose FIFA selling World Cup stakes, while Donald Trump claims a Gaza disarmament agreement. Meanwhile, Alec Hogg discusses Anglo American’s South Africa exit, RMB launches…
30 Jul 11PM 14 min

Cityboy: How psychopaths win big in business, politics - but lose in life

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