Eskom split in 3-5 years; Trade contracts further; Pensioners fight prescribed assets; Naspers targets machine learning

Loading player...
Eskom says it will take three to five years to fully effect a proposed split into three units after which its sole monopoly will be managing the national transmission infrastructure. 
The CPB World Trade Monitor compiled by the Netherlands Bureau for Economic Policy Analysis reports that world trade volumes contracted by 1.4% in June. 
Resistance is growing against the South African’s government’s proposal to re-introduce prescribed asset requirements, where pension funds are forced by law to invest a portion of their assets into government and SOE-issued bonds.
Naspers disclosed at its annual general meeting on Friday that it has identified machine learning and online education as areas of focus for the future. Learn more about your ad choices. Visit megaphone.fm/adchoices
25 Aug 2019 3PM English South Africa Investing · Business News

Other recent episodes

Helen Zille: “Johannesburg is on the brink of collapse” — Inside her plan to save SA’s biggest city

Helen Zille says Johannesburg’s crisis is far worse than she imagined, warning the city faces financial collapse, crumbling infrastructure, and coalition chaos. In this wide-ranging interview, she outlines her plan to restore water, electricity, roads, and investor confidence while exposing deep governance failures, corruption, and “last lap looting” inside the…
22 May 2AM 33 min

BN Daybreak - Fri 22 May 2026: Zille slams Joburg budget; Roodt on Crypto; Hoatson urges pushback; and Gupta delays

In today's BizNews Daybreak, we cover the latest business and political updates. On the international front, US-Iran tensions escalate over Strait of Hormuz tolls, while SpaceX scrubs its 12th Starship test mission. Locally, Helen Zille warns of Johannesburg’s collapsing municipal budget and failing infrastructure, economist Dawie Roodt discusses Treasury's futile…
21 May 11PM 15 min

Jacques Broodryk - AfriForum goes after the elusive Guptas…

AfriForum has asked the National Director of Public Prosecutions, Advocate Andy Mothibi, for an urgent update on the much delayed extradition of the Guptas who allegedly benefited from State Capture to the tune of between R50 and R70 billion. In this interview with Chris Steyn, Jacques Broodryk, AfriForum’s Chief Spokesperson:…
21 May 5AM 9 min