Oil shock could kill rate cut; Trevor Manuel eats humble pie; Prosus opinion divided; Trump tax disclosure

Loading player...
The assault on Saudi Arabian oil facilities is already taking its toll on South Africa’s rand, and may put paid to any hopes of an interest-rate cut on Thursday, reports Bloomberg.

The chairman of South African insurer Old Mutual, Trevor Manuel, on Tuesday apologised for comments he made last week in reference to the judge presiding over its court battle with fired chief executive Peter Moyo.

Prosus NV, which listed in Amsterdam just last week, is splitting opinion among the first investment banks to cover the stock.

South Africa’s airports operator posted its eighth consecutive annual profit, setting it apart from other key state-owned companies in the country that need government bailouts to keep running.

Donald Trump faces a new battle over the release of his tax returns after New York prosecutors issued a subpoena for them.
17 Sep 2019 3PM English South Africa Investing · Business News

Other recent episodes

Herman Mashaba: Come 2025 – we will remove the ANC

Entrepreneur and former Mayor of Johannesburg Herman Mashaba is an independent politician. After resigning from the Democratic Alliance and his mayoral position, Mashaba launched The People’s Dialogue in December with the objective to “engage” South Africans in a conversation about the future of our country. Mashaba has even gone as…
29 Jul 2020 6AM 14 min

B4SA's Martin Kingston: New Covid-19 model 'conservative, responsible'

Business for South Africa representative Martin Kingston discusses Covid-19 models and fixing South Africa with BizNews founder Alec Hogg. "There are as many models as there are epidemiologists and statisticians as far as I'm concerned. But I feel the one that we have now seen and been shown today is…
29 Jul 2020 5AM 15 min