BN Daybreak: Mining in SA not impossible; who leads Joburg mayoral race?; Wicknell Chivayo's motives

Loading player...
A copper mine that had sat idle and flooding for 35 years finally had its first Glencore tranche unlocked, and Orion Minerals CEO Tony Lennox argued that South Africa's reputation as a near-impossible place to mine had been overdone. Michael Marchant of Open Secrets explained why Wicknell Chivayo flaunted Rolls-Royces and cash while millions of Zimbabweans struggled, and what that showmanship may really have been buying. Wayne Sussman's walk through the latest Johannesburg poll held a surprise about Helen Zille and a blunt message from residents about how their city is run. Reuters rounded things off with Wall Street's return to chip stocks after a bruising week.
19 Oct 11PM English South Africa Investing · Business News

Other recent episodes

Joburg whistleblower: Looters should be charged with terrorism

In this interview with Chris Steyn, City of Johannesburg whistleblower Stephanus Fourie warns that a new administration will not be able to root out entrenched mismanagement and corruption without drastic action. “Unless you catch the criminals and you lock them up and you take back everything that they've taken from…
26 Oct 6AM 26 min

BN Edge | CEO Sean Summers: Pick n Pay's long road back from the brink

Three years ago, Sean Summers said, the talk at South African braais was whether Pick n Pay would survive at all. On results day, with the supermarket business still losing R516 million in six months and break-even pushed out to 2029, he told Alec Hogg why he wasn't in a…
26 Oct 7AM 31 min