SARB will remain independent; Pvt electricity generation step-up; Eskom chair resigns; Zondo, Zuma, Prosus

Loading player...
* The ANC has re-affirmed the independence, role and mandate of the South African Reserve Bank in an annual policy statement.
* In another policy decision, the ANC said solving South Africa’s energy crisis, creating jobs and speeding up land redistribution will top the party’s priority list this year.
* Eskom Chairman Jabu Mabuza resigned from the board of Eskom at the end of last week and apologised for the utility’s inability to meet commitments it made to the President to avoid power cuts until 13th of January.
* Naspers‘s Prosus ambition to become the world’s leading online food delivery business took a major blow at the end of last week as its offer to buy JustEat lapsed. Learn more about your ad choices. Visit megaphone.fm/adchoices
12 Jan 2020 12PM English South Africa Investing · Business News

Other recent episodes

Warren Wheatley breaks his silence on his FSCA debarment

Three trades, R301 in total, and a 20-year ban from the financial sector. Warren Wheatley, the chartered accountant who helped put together the Capitec empowerment deal and went on to found Altvest, now Africa Bitcoin Corporation, broke his silence to Alec Hogg days after resigning as CEO. The FSCA says…
23 Sep 12PM 54 min

Brent Bozell on the US-South Africa breakdown

Six months after warning a Hermanus room full of business leaders that Washington's patience was wearing thin, US Ambassador Brent Bozell returned to BizNews to explain what happened next. Five asks, a 15-day deadline and a six-page reply that, in his words, answered none of them. The result: visa bans…
23 Sep 10AM 40 min

Mchunu, Mrs Matlala, Maumela, Mudzinganyama - and Meyer…

In their weekly chat, Chris Steyn and political commentator Solly Moeng talk about the second seizure of of electronic devices belonging to Special Leave Police Minister Senzo Mchunu; the arrest of tenderpreneur Cat Matlala’s wife, Tskanane; the rape case against suspended Deputy National Commissioner Shadrack Sibiya; the latest testimony at…
23 Sep 6AM 24 min

Ian Cameron: General Sibiya on charges of rape, sexual grooming, human trafficking…

In their latest interview, Chris Steyn and Ian Cameron, the Chairperson of Parliament's Portfolio Committee on Police, unpack a day of high drama with the court appearance this afternoon of suspended Deputy National Commissioner General Shadrack Sibiya who is now facing charges of rape, sexual grooming, and human trafficking. The…
22 Sep 1PM 10 min