Zooming with the Zumas: new Jacob, Duduzane reality TV show nails Mabuza first; investors hunt SA firms; tobacco battle
Loading player...
In today's news headlines:
* Former president Jacob Zuma and Duduzane Zuma, his son who worked for the Gupta family, have produced their version of a reality TV show. The first episode of Zooming with the Zumas focuses on how Duduzane managed the clandestine extraction of current deputy president David Mabuza to a medical treatment facility in Russia;
* A Morgan Stanley backed fund has plans to invest R5bn of newly raised cash in mid-sized South African companies hit by a shrinking local economy and the coronavirus pandemic, reports Bloomberg;
* British American Tobacco will begin negotiations with the South African government instead of taking legal action to overturn a national ban on cigarette sales now in its sixth week; and
* The World Bank has come to Zimbabwe’s rescue, finding $7m to help it fight the coronavirus pandemic despite the nation being in arrears with the Washington-based lender.
* Former president Jacob Zuma and Duduzane Zuma, his son who worked for the Gupta family, have produced their version of a reality TV show. The first episode of Zooming with the Zumas focuses on how Duduzane managed the clandestine extraction of current deputy president David Mabuza to a medical treatment facility in Russia;
* A Morgan Stanley backed fund has plans to invest R5bn of newly raised cash in mid-sized South African companies hit by a shrinking local economy and the coronavirus pandemic, reports Bloomberg;
* British American Tobacco will begin negotiations with the South African government instead of taking legal action to overturn a national ban on cigarette sales now in its sixth week; and
* The World Bank has come to Zimbabwe’s rescue, finding $7m to help it fight the coronavirus pandemic despite the nation being in arrears with the Washington-based lender.
