Flash Briefing: Tito goes after taxis for tax; Melinda divorced Bill after Epstein links were revealed; Harmony Gold

Loading player...
* Plans are afoot by the South African Revenue Services (SARS) to address tax avoidance in the country’s minibus taxi industry.
* South African miner Harmony Gold on Tuesday reported a jump in third-quarter core profit, boosted by higher output and a strong gold price, positioning the miner to pursue growth.
* The rand extended its rally on Tuesday. Its 30% gain against the dollar since the height of the pandemic has outstripped emerging-market peers.
* Senior employees at a unit of South Africa’s Public Investment Corp. have accused executives at the continent’s biggest fund manager of causing an “existential crisis” after a series of scandals over the past few years.
* Melinda Gates had discussions with lawyers in October 2019 around when the Microsoft co-founder’s ties to Jeffrey Epstein became public, reports the Wall Street Journal. Learn more about your ad choices. Visit megaphone.fm/adchoices
11 May 2021 10AM English South Africa Investing · Business News

Other recent episodes

Jabulani Khumalo - Threats, a R14-m ransom & the battle for MKP….

In his latest interview with Chris Steyn, the real founder of MKP, Jabulani Khumalo, reveals threats to the actual directors of the “hijacked” party over a picket to distance themselves from the human trafficking of 19 men to Russia. “…our spokesperson… got a call…a threatening call…And also, the people on…
11 Jan 6AM 18 min

Magnus Heystek: Why SA’s middle class is quietly being crushed

South Africans are being told everything is fine. Magnus Heystek says it’s a dangerous illusion. In a wide-ranging conversation with Alec Hogg, the veteran investment strategist warns that falling GDP per capita, rising taxes, weak property returns and flawed retirement structures are steadily hollowing out the middle class. From Regulation…
9 Jan 6AM 41 min