Flash Briefing: Outcry against ban on guns for self-defence; Eskom slashes debt; McKinsey repays R870m for corruption

Loading player...
* Eskom, the beleaguered South African state power utility, reduced its debt by almost a fifth.
* Professional services firm McKinsey, which played a central role in state capture and corruption in the Jacob Zuma era, has repaid R870m to parastatal Transnet.
* The South African Reserve Bank is studying the benefits of issuing a digital currency for general retail purposes.
* The DA has launched a petition against the Firearms Control Amendment Bill which proposes a ban on firearm ownership for self-defence by civilians.
* Absa, Investec and the Development Bank of Southern Africa indicated they could support a bid by a Turkish company to supply emergency power to South Africa. Learn more about your ad choices. Visit megaphone.fm/adchoices
25 May 2021 10AM English South Africa Investing · Business News

Other recent episodes

BNC#8: Donald Mackay Q&A - The shocking truth about South Africa’s missing billions

Donald MacKay pulls back the curtain on 40 "slush funds" draining billions from South African taxpayers without oversight. From the opaque Black Industrialists Fund to the staggering R43 billion automotive subsidy, MacKay reveals why a Mercedes-Benz costs R300,000 more at home than in Manhattan. Discover how decentralisation, the BRICS alliance,…
8 Apr 9AM 33 min

Garth Brook: “Crocodile-eating” attorney needed to fight the Public Protector

In this interview with Chris Steyn, Garth Brook, the founder of River Rangers in Clarens, details his five-year battle with the Public Protector to ensure outstanding salaries are paid for a community-based programme that - at its height - employed over 180 people in one of the country’s most poverty-stricken…
8 Apr 9AM 16 min

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