Flash Briefing: Destruction in wake of violent riots, looting; gov. considers stipends to address poverty

Loading player...
News headlines:
*An uneasy calm prevailed across most of South Africa’s KwaZulu-Natal and Gauteng provinces as key roads reopened and clean-up operations began in earnest on Friday following some of the most violent protests the country has ever seen.
*A week of deadly protests in South Africa has given impetus to proposals that the government pay out cash stipends to address the high levels of poverty and inequality that fueled the unrest.
*An investigation by The Guardian has revealed that Raees and Ameer Cajee, the brothers who founded cryptocurrency investment scheme Africrypt, bought citizenship from the Pacific island nation of Vanuatu. Learn more about your ad choices. Visit megaphone.fm/adchoices
19 Jul 2021 9AM English South Africa Investing · Business News

Other recent episodes

Members Only: FT Unhedged – Energy crisis deepens as supply shocks ripple globally

In this fully licensed episode of the Financial Times’ Unhedged podcast, Katie Martin and energy editor Malcolm Moore unpack the escalating global energy crisis triggered by disruption in the Strait of Hormuz. With millions of barrels of oil effectively trapped and supply chains under strain, the impact is already being…
7 Apr 12PM 19 min

Ivor Chipkin: GNU outlaws cadré deployment

President Cyril Ramaphosa's assent to the Public Service Amendment Bill has been hailed as the most significant reform since 1996. In this interview with Chris Steyn, Ivor Chipkin, the Director of New South Institute (NSI), says “we've got now in law a distinction between political office and administrative office…Our politicians,…
7 Apr 9AM 21 min

From Ceres to New York: Adriaan Wildschutt sets a blistering pace

Adriaan Wildschutt came so close to an Olympic medal in Paris, delivering the country’s strongest performance at the 2024 Games. With no track world championships on the calendar this year, Wildschutt shifted his focus to the roads and stormed to victory at the New York City Half Marathon in a…
2 Apr 9AM 14 min