Actuaries slam SA Covid-19 forecasts; NHI is back on Cyril's desk; Steinhoff perks up; Amazon smashes barrier

Loading player...
In today's news headlines:
* Actuaries have slammed Covid-19 forecasts for South Africa, warning that they are overly pessimistic and that the damage to the economy is out of kilter with strict Covid-19 containment measures;
* President Cyril Ramaphosa has indicated that the National Health Insurance plan for South Africa is back in the government’s sights;
* Steinhoff International rose the most in almost three months after the retailer confirmed it’s working on ways to settle R192bn of legal claims following an accounting scandal that almost destroyed the company; and
* Amazon.com rallied on Monday, with the stock extending a recent advance deeper into record territory and topping $3,000 for the first time. Learn more about your ad choices. Visit megaphone.fm/adchoices
6 Jul 2020 2PM English South Africa Investing · Business News

Other recent episodes

BN Daybreak Fri 16 Jan: Trump’s Nobel “Medal”; Farmers boo Steenhuisen; ASML jumps

In this episode of BizNews Daybreak, Alec Hogg covers the intersection of high-stakes global politics and critical local challenges: Trump’s Nobel Moment: Venezuelan opposition leader Maria Corina Machado presents her Nobel Peace Prize medal to Donald Trump at the White House, calling him the “heir to Washington”. US-Taiwan Trade Deal:…
15 Jan 11PM 18 min

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