Flash Briefing: Is SA closer to bringing in Guptas? UAE extradition deal; green light for municipal elections; Zimbabwe

Loading player...
* South Africa is a step closer to holding the powerful Gupta family to account for corruption and state capture, with the United Arab Emirates confirming it has ratified an extradition treaty with South Africa.
* South Africa will hold municipal elections in October as planned, and will institute measures to mitigate against the risk of the coronavirus spreading during the voting process, the chairman of the nation’s Independent Electoral Commission said.
* Zimbabweans living abroad almost doubled the amount of money they sent home this year, bolstering the economy, Central Bank Governor John Mangudya said.
* Some banks, awash in deposits, are encouraging corporate clients to spend the cash on their businesses or move it elsewhere, reports BizNews partner The Wall Street Journal. Learn more about your ad choices. Visit megaphone.fm/adchoices
9 Jun 2021 10AM English South Africa Investing · Business News

Other recent episodes

Jabulani Khumalo - Threats, a R14-m ransom & the battle for MKP….

In his latest interview with Chris Steyn, the real founder of MKP, Jabulani Khumalo, reveals threats to the actual directors of the “hijacked” party over a picket to distance themselves from the human trafficking of 19 men to Russia. “…our spokesperson… got a call…a threatening call…And also, the people on…
11 Jan 6AM 18 min

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