Flash Briefing: 4,000 South Africans get Covid AGAIN; SAA wants another R3.5bn; SABC tax revolt; Liberty; Sasol

Loading player...
* About 4,000 cases of re-infection with Covid-19 have been found in South Africa, Barry Schoub, the chair of the country’s Ministerial Advisory Committee on Vaccines, said.
* Administrators for South African Airways have asked for another R3.5bn in taxpayer funds but no money has been set aside.
* The SABC is facing an uphill battle to increase TV licence compliance rates, as it faces a tax revolt against corruption and mismanagement at the state broadcaster, reports MyBroadband.co.za.
* Liberty Holdings expects to report a loss for the year ended in December after the Covid-19 pandemic hammered its insurance operations in South Africa.
* Norway’s $1.3trn wealth fund blacklisted 15 companies for ethical misconduct – including AngloAmerican, Sasol, Glencore. Learn more about your ad choices. Visit megaphone.fm/adchoices
25 Feb 2021 1PM English South Africa Investing · Business News

Other recent episodes

BN Daybreak Thurs 15 Jan: Abedian on SA Silence about “21st Century Nazis”; Mining Indaba's back story; Sasol Surges

In this morning's briefing, Alec Hogg unpacks a volatile geopolitical landscape where conflicting reports emerge from Iran—Donald Trump claims de-escalation while internal memos suggest mass casualties. We speak to Iranian-born and bred entrepreneur and former UCT Economics Prof Iraj Abedian, who delivers a scathing critique of the South African government's…
14 Jan 11PM 17 min

BN Briefing: Leaked Iran death toll, US-SA relations, and Equities vs Gold

In this BizNews Briefing, Dr. Iraj Abedian reveals leaked reports of 12,000 deaths in Iran, questioning the South African government’s silence. The Hudson Institute's Josh Meservey analyses Pretoria’s alignment with American adversaries. Plus, David Shapiro discusses the "survival mode" of South African business, and Peter Major explains why equities historically…
14 Jan 5AM 13 min