Flash Briefing: Tito goes after taxis for tax; Melinda divorced Bill after Epstein links were revealed; Harmony Gold

Loading player...
* Plans are afoot by the South African Revenue Services (SARS) to address tax avoidance in the country’s minibus taxi industry.
* South African miner Harmony Gold on Tuesday reported a jump in third-quarter core profit, boosted by higher output and a strong gold price, positioning the miner to pursue growth.
* The rand extended its rally on Tuesday. Its 30% gain against the dollar since the height of the pandemic has outstripped emerging-market peers.
* Senior employees at a unit of South Africa’s Public Investment Corp. have accused executives at the continent’s biggest fund manager of causing an “existential crisis” after a series of scandals over the past few years.
* Melinda Gates had discussions with lawyers in October 2019 around when the Microsoft co-founder’s ties to Jeffrey Epstein became public, reports the Wall Street Journal. Learn more about your ad choices. Visit megaphone.fm/adchoices
11 May 2021 10AM English South Africa Investing · Business News

Other recent episodes

BN Briefing: Farmers on their knees, the Fed under fire, and Gold flashing red

From a devastating foot-and-mouth outbreak crippling South African farmers to an explosive showdown between Donald Trump and the US Federal Reserve, today’s BizNews Briefing unpacks a world under pressure. David Shapiro questions where SA’s business titans have gone, while mining guru Peter Major delivers a chilling warning that gold may…
12 Jan 8AM 13 min