Nedbank profits fall by 70%; zero-alcohol limit by December; Bidcorp; ICA

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In today’s news headlines:
- Nedbank has reported a 70% profit hit;
- Bidcorp, reported a 48% decline in full-year earnings;
- Insurance Claims Africa gets set to fight insurers in court next week; and
- SA will have a zero-alcohol driving limit by December Learn more about your ad choices. Visit megaphone.fm/adchoices

26 Aug 2020 2PM English South Africa Investing · Business News

Willem Els and Richard Chelin: Fake weight loss drugs flood the market, and Cat’s plea deal is rejected

In this interview with Chris Steyn, Willem Els of the Institute for Security Studies (SS) and Richard Chelin, an independent governance specialist, describe how organised crime syndicates have transitioned from making fake Covid-19 vaccines to flood the South African market with fake pharmaceuticals, particularly lifestyle drugs, like those for weight…

1 Jul 10AM 17 min

BizNews Edge: "A whistleblower needs clean hands" — Paul O'Sullivan's case against General Mkwanazi

Forensic investigator Paul O'Sullivan spent over six hours giving sworn testimony to the Madlanga Commission on Monday — and his argument cuts straight through the mythology around General Ntlantlam Mkwanazi. O'Sullivan says the man hailed as a rare whistleblowing cop has in fact been part of the problem since 2012,…

1 Jul 7AM 32 min

BN Daybreak: SA National Shutdown; S&P best quarter in 6 years; Anthropic unbanned

South Africa's anti-immigrant national shutdown deadline arrived with violence in Johannesburg and the world watching. The S&P closed its best quarter in six years, Anthropic's export controls were quietly lifted overnight, and Tony Leon is not just firing back at John Steenhuisen - he's now weighing legal action.

1 Jul 12AM 17 min

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: Corné Mulder on Steenhuisen's fall: sympathy, not schadenfreude — and a warning for SA

Freedom Front Plus leader Corné Mulder gives BizNews the clearest outside read yet on the Democratic Alliance's implosion — tracing the Steenhuisen saga back to Trump's first executive order, the Oval Office "dim the lights" meeting, and a coalition built without a negotiated platform. Mulder explains why he feels sorry…

30 Jun 12PM 35 min