IMF not needed; Lefties shackle Cyril; Goldfields, Implats back in black; Discovery recovery; Petrol price hike

Loading player...
In today's business headlines:
The IMF says South Africa does not need a loan, but it needs structural reforms to boost growth;
Bloomberg says President Cyril Ramaphosa's left wing allies is hampering economic reforms;
Gold Fields has returned to a first-half profit of $70.5m in June but its headline earnings per share fell, while Implats swung to its first net profit in five years;
Discovery shares claw back;
Weaker rand could lead to 10 cent hike in the petrol price in September; and 
Government departments owe service providers R600m. Learn more about your ad choices. Visit megaphone.fm/adchoices
15 Aug 2019 2PM 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