SA braces for tougher Covid-19 rules; hospitals buckle; rugby boss Jurie Roux nailed for graft; China; hedge funds

Loading player...
* South Africans are bracing for a tightening up this week of restrictions aimed at curbing the spread of a variant of Covid-19, which has pushed hospitals into crisis mode.
* Health minister Zweli Mkhize has slammed the United Kingdom travel ban with South Africa last week after the arrival of the South African variant in Britain.
* After a protracted battle in connection with financial irregularities, SA Rugby Union boss Jurie Roux has been ordered to pay R37m to Stellenbosch University.
* It has been a very strong year for Chinese stocks, reports The Wall Street Journal.
* For the year through November, stock picking hedge funds posted their best performance relative to the total-return of the S&P 500 since 2010.
* The rand has strengthened against the greenback but trade is choppy amid concerns about the second wave of Covid-19 in SA. Learn more about your ad choices. Visit megaphone.fm/adchoices
27 Dec 2020 5AM English South Africa Investing · Business News

Other recent episodes

Solly Moeng on the Steenhuisen bombshell and South Africa's national Shutdown

South Africa is not only dealing with a National Shutdown this week, but also with a couple of political hand grenades. In his latest chat to Chris Steyn, political commentator Solly Moeng his gives take on the alleged assassination attempt on Crime Intelligence (CI) boss General Feroz Khan just days…
30 Jun 11AM 17 min

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