Flash Briefing: SABC faces blackout; SAA pilots strike-ready; JSE probes Deloitte, Sygnia; Has Musk dumped Twitter?

Loading player...
In today's Biznews Flash Briefing:
The South African Broadcasting Corporation is in serious trouble and faces a blackout. The financial position of the SABC has been worsening as it awaits a decision on its application for a R3.2bn financial support from the government.
At SAA, another state-owned entity that has sucked up billions of taxpayers’ money, pilots are threatening to strike over what they believe is a poor choice of CEO.
The Johannesburg Stock Exchange has waded into the divorce between accounting firm Deloitte and financial services group Sygnia.
Tesla CEO Elon Musk claims to have “just deleted” his Twitter account. He made his statement in a tweet, but the account still appeared to be active after the post.
On the currency markets, at the end of the public holiday the Rand was trading at about R14.78 to the US dollar, about R18.57 to the British pound and about R16.60 to the Euro. Learn more about your ad choices. Visit megaphone.fm/adchoices
17 Jun 2019 2PM 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