Flash Briefing: DA says UCT, SAN Parks must explain runaway fire; Eskom R7bn bill; J&J vaccine; illicit cigarette trade

Loading player...
* The DA has called for an independent investigation into a fire that broke out on the slopes of Table Mountain and damaged buildings at the University of Cape Town and elsewhere.
* Eskom says it’s urgently seeking new providers of technical support after Oracle Corp.’s South African unit withdrew its services over a payment dispute.
* The unprecedented oil inventory glut that amassed during the coronavirus pandemic is almost gone, underpinning a price recovery that’s rescuing producers but vexing consumers, says Bloomberg.
* Police have seized a massive truckload of illegal cigarettes from Zimbabwe, giving yet more proof of the full-scale price war raging between criminal operators in South Africa’s illicit tobacco trade, says Tax Justice SA. Learn more about your ad choices. Visit megaphone.fm/adchoices
19 Apr 2021 11AM English South Africa Investing · Business News

Other recent episodes

BizNews Edge: Stranger than fiction - Jooste's consigliere meets ET-type end

Today's BizNews Edge covers three stories that cut to the heart of South African business and politics. John Steenhuisen has broken publicly with the DA, naming Geordin Hill-Lewis and Tony Leon in allegations that threaten serious damage to the party just months before the 2026 municipals. Prosus, once a byword…
29 Jun 8AM 24 min

Criminalising corporate silence with Wendy Addison

South Africa's first high-profile whistleblower Wendy Addison is done talking shop. She's raised a criminal docket against a corporation and its directors for silencing two financial industry whistleblowers — and she thinks it could be a watershed moment. Can personal criminal accountability finally give whistleblower protection real teeth?
29 Jun 6AM 23 min

BN Daybreak: Strait of Hormuz showdown as US and Iran head back to Doha

Vessels are still threading the Strait of Hormuz, but a Bloomberg analyst calls it Schrodinger's Strait: you never know if it's open until you try to get through. With traffic down to a fraction of normal and ships taking hits, owners are weighing whether the world's most vital oil route…
29 Jun 12AM 15 min