Flash Briefing: Explosion at Eskom's Medupi; Zuma postpones trial AGAIN; Adapt IT CEO resigns

Loading player...
News headlines:
*Power utility Eskom has confirmed that an explosion at unit 4 of Medupi power station on Sunday night caused "extensive damage" to the generator.
*There has been yet another delay for Jacob Zuma’s appearance in court for corruption charges, with the former president’s legal team requesting a postponement due to Zuma’s ill health.
*Sbu Shabalala, the founder and CEO of technology group Adapt IT, has resigned. Learn more about your ad choices. Visit megaphone.fm/adchoices
10 Aug 2021 11AM English South Africa Investing · Business News

Other recent episodes

Magnus Heystek: Why SA’s middle class is quietly being crushed

South Africans are being told everything is fine. Magnus Heystek says it’s a dangerous illusion. In a wide-ranging conversation with Alec Hogg, the veteran investment strategist warns that falling GDP per capita, rising taxes, weak property returns and flawed retirement structures are steadily hollowing out the middle class. From Regulation…
9 Jan 6AM 41 min

South Africa’s business titans are gone – and David Shapiro explains why

From Brian Joffe to Raymond Ackerman, South Africa once produced business giants who shaped the economy. David Shapiro argues they have been replaced by spreadsheet managers, over-regulation and compliance paralysis, and explains what that loss means for growth, risk-taking and the country’s future.
8 Jan 6AM 54 min