Zooming with the Zumas: new Jacob, Duduzane reality TV show nails Mabuza first; investors hunt SA firms; tobacco battle

Loading player...
In today's news headlines:
* Former president Jacob Zuma and Duduzane Zuma, his son who worked for the Gupta family, have produced their version of a reality TV show. The first episode of Zooming with the Zumas focuses on how Duduzane managed the clandestine extraction of current deputy president David Mabuza to a medical treatment facility in Russia;
* A Morgan Stanley backed fund has plans to invest R5bn of newly raised cash in mid-sized South African companies hit by a shrinking local economy and the coronavirus pandemic, reports Bloomberg;
* British American Tobacco will begin negotiations with the South African government instead of taking legal action to overturn a national ban on cigarette sales now in its sixth week; and
* The World Bank has come to Zimbabwe’s rescue, finding $7m to help it fight the coronavirus pandemic despite the nation being in arrears with the Washington-based lender. Learn more about your ad choices. Visit megaphone.fm/adchoices
6 May 2020 11AM 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