VBS liquidators want Nkandla; Hawks investigate Malema; China SA ambassador takes aim at Trump; Mine strikes; Discovery share perks up

Loading player...
The wheels of justice are starting to turn a bit faster in South Africa, with former president Jacob Zuma and Economic Freedom Fighters leader Julius Malema both in the spotlight in connection with court action.

In an unusual move, Lin Songtian, China’s ambassador to South Africa, has opened fire at US President Donald Trump through newspaper advertisements.

Anglo American Platinum and Sibanye Gold will seek mediation to break the deadlock in wage negotiations with South Africa’s largest platinum-mining labour union.

Looking at the JSE, it was a better day for medical scheme operator Discovery, which saw its share price perk up by more than 2%. Discovery was among the top-five major movers on the Johannesburg stock exchange. But, it was a tough day for shareholders in mining and resources stocks, with Assore down more than 7%, Impala platinum down nearly 6% and Kumba iron ore not far behind, with a drop of just over 5%. Learn more about your ad choices. Visit megaphone.fm/adchoices
10 Sep 2019 3PM 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