Flash Briefing: SABC faces blackout; SAA pilots strike-ready; JSE probes Deloitte, Sygnia; Has Musk dumped Twitter?
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In today's Biznews Flash Briefing:
The South African Broadcasting Corporation is in serious trouble and faces a blackout. The financial position of the SABC has been worsening as it awaits a decision on its application for a R3.2bn financial support from the government.
At SAA, another state-owned entity that has sucked up billions of taxpayers’ money, pilots are threatening to strike over what they believe is a poor choice of CEO.
The Johannesburg Stock Exchange has waded into the divorce between accounting firm Deloitte and financial services group Sygnia.
Tesla CEO Elon Musk claims to have “just deleted” his Twitter account. He made his statement in a tweet, but the account still appeared to be active after the post.
On the currency markets, at the end of the public holiday the Rand was trading at about R14.78 to the US dollar, about R18.57 to the British pound and about R16.60 to the Euro.
The South African Broadcasting Corporation is in serious trouble and faces a blackout. The financial position of the SABC has been worsening as it awaits a decision on its application for a R3.2bn financial support from the government.
At SAA, another state-owned entity that has sucked up billions of taxpayers’ money, pilots are threatening to strike over what they believe is a poor choice of CEO.
The Johannesburg Stock Exchange has waded into the divorce between accounting firm Deloitte and financial services group Sygnia.
Tesla CEO Elon Musk claims to have “just deleted” his Twitter account. He made his statement in a tweet, but the account still appeared to be active after the post.
On the currency markets, at the end of the public holiday the Rand was trading at about R14.78 to the US dollar, about R18.57 to the British pound and about R16.60 to the Euro.
