Flash Briefing: SA engineers tell Cubans 'we don't need you'; Eskom fraud; Steinhoff Poland IPO; Bitcoin

Loading player...
* South African prosecutors said they are seeking the extradition of a British national who’s been implicated in a fraudulent deal with Eskom.
* Steinhoff's Pepco says it will list its shares in Warsaw rather than London, in what could become Poland’s biggest IPO this year.
* In other Steinhoff news, an ex-Deloitte LLP partner is facing disciplinary action in the Netherlands for an improper audit of Steinhoff International prior to the South African retailer’s near-collapse more than three years ago.
* Bitcoin headed for its worst week in more than a year as a proposed capital-gains tax increase for wealthy Americans intensified the volatility whiplashing the world’s largest cryptocurrency.
* Labour union Solidarity has sent a list of more than 120 “competent and willing” engineers to Lindiwe Sisulu, Minister of Human Settlements, Water and Sanitation who can easily replace the 24 Cuban engineers who will cost millions, says MyBroadband.co.za Learn more about your ad choices. Visit megaphone.fm/adchoices
23 Apr 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