On Business Update, Gugulethu Mfuphi spoke with Sizwe Dhlomo about Nedbank’s incoming CEO, who is replacing Mike Brown. The also spoke about the MPC interest rate announcement expected later today. Moreover, they touched on the Standard Bank Kasi SME Summit with Kaya Biz taking place tomorrow.
Politicians using the rand manipulation as a scapegoat tactic. In the last part of our coverage of the rand manipulation scandal, Sizwe Dhlomo invited Dr Ralph Mathekga to tackle the political implications of this saga. They highlighted how politicians will use this as a scapegoating tactic when they should take…
Business Unity SA (BUSA) CEO Cas Coovadia hopes that Minister in the Presidency Khumbudzo Ntshavheni will reconsider her comments that "the private sector wants to ensure that government collapses". Business Leadership South Africa (BLSA) CEO Busi Mavuso echoes the same sentiments, saying government is scapegoating the private sector for its…
On Business Update, Gugulethu Mfuphi spoke with Sizwe Dhlomo about the low business confidence, as revealed by RMB/BER index. They also touched on Treasury’s expectation to delay the implementation of the two-pot retirement system.
We continued our series on the manipulation of the rand this morning by looking at currency pairing. Sizwe Dhlomo reflected on an interview Gugulethu Mfuphi had with Andre Cilliers, Director and Currency Risk Strategist at TreasuryOne, unpacking this concept.
The Middelburg Specialised Commercial Crimes Court on Tuesday struck the case against former Eskom boss Matshela Koko and others from the roll. The court found there had been unreasonable delays in the R2.2 billion corruption case against Koko and his co-accused. The team shared their thoughts on how the NPA…
On Business Update, Gugulethu Mfuphi previewed both CPI data and the MPC interest rate announcement with Sizwe Dhlomo. They also spoke about consumers being cautioned to spend wisely on Black Friday.
Last week, UK-based Standard Chartered Bank reached a settlement with the Competition Commission for colluding with 27 other banks to manipulate the rand and agreed to pay around a R43-million fine to resolve the case. Yesterday, we tackled the economics of this case with Wits School of Governance’s Professor Alex…
At a parliamentary committee hearing on Monday into the EFF's conduct during President Cyril Ramaphosa's State of the Nation Address (SONA) earlier this year, party leader Julius Malema accused Parliament of "every time bringing a white man to deal with them". He also ended up recusing his legal representative Advocate…
On Business Update, Gugulethu Mfuphi spoke with Sizwe Dhlomo about SA ports facing delays and penalties in the movement of containers. They also touched on poultry producer Astral Foods reporting its first loss in its financial results this morning.
On Business Update, Gugulethu Mfuphi spoke with Sizwe Dhlomo about SA ports facing delays and penalties in the movement of containers. They also touched on poultry producer Astral Foods reporting its first loss in its financial results this morning.
Professor Alex Van Den Heever, from the Wits School of Governance, joined Sizwe Dhlomo to unpack the complexity of the rand manipulation for 13 years, as reported last week with Standard Chartered paying a fine of over R40 million for their involvement in this. The Professor shared insights on the…
Politicians took voter registration weekend as an opportunity to campaign for next year’s elections. President Ramaphosa got a mixed reception when he made a stop in Soweto. Some residents of Chiawelo, where Ramaphosa hails from, said it was disingenuous for him and other politicians to visit communities so close to…
On Business Update, Nastassia Arendse spoke with Kgomotso Meso about Sasol’s Annual General Meeting with top asset managers set to vote against the company’s climate remote. They also discussed Deputy Finance Minister, David Masondo’s rejection of the proposal to remove VAT on more foods.
A couple of weeks ago, City Power took control of load shedding switch from Eskom in Joburg. Although in the beginning things seemingly went smoothly, there has been a growing number of glitches with this exercise. Kgomotso Meso invited Professor Sampson Mamphweli, Head of the Department of Science & Innovation…
Now South African cricket fans have an inkling of what it must have been like for supporters of France, England and New Zealand after exiting the Rugby World Cup by losing by the narrowest of margins against the Springboks. We were on such an amazing winning streak with many other…
16 Nov 2023 11PM
12 min
2380 – 2400
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