Repo rate cut; rand rallies; Richemont rides online wave; property market optimism; Eskom Bigwig wanted

Loading player...

In today's business headlines:
The benchmark repurchase rate has been lowered by 25 basis points to 6.5% per annum.
The Rand rallies by 10 cents to the dollar on the back of the news.
Richemont online retails sales soar.
Estate agents hopeful after rate cut.
Platinum producers eye gold miners wage deal.
Eskom is looking for a new CEO
and junkyard palladium is in high demand.

18 Jul 2019 3PM English South Africa Investing · Business News

Other recent episodes

Guardrisk, Old Mutual throw in towel on business interruption; IMF funding is SA game-changer - lawyer; Standard Bank

In today's news headlines: * Guardrisk and Old Mutual have opted to settle with small business clients who have claimed for business interruption from Covid-19 lockdown restrictions. * IMF funding could be a game-changer for SA, says lawyer Peter Leon. * Standard Bank has warned of a profit plunge. Banks…

29 Jul 2020 1PM 2 min

BizNews founder Alec Hogg asks Hollard boss the tough questions about business interruption insurance

Insurance companies have refused to pay up for business interruption insurance, insisting that they are not liable for Covid-related shutdowns. But, a court has ruled against them. Instead of giving their clients what is owed, insurers have offered relief payments to some - with the caveat that they are not…

29 Jul 2020 10AM 13 min

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

SAA ready to fly; SA economy to shrink by 7% this year - IMF; Vodacom Kenya growth: business interruption battle

In today's news headlines: * SAA’s rescue plan is ready for implementation say the state-owned airline’s administrators. But funding still needs to be found, that’s according to Reuters which says the plan needs R10bn in new funds to work. * South Africa’s economy is likely to contract by 7.2% this…

28 Jul 2020 2PM 3 min

All episodes