Flash Briefing: CR slams Britain, EU for hoarding vaccines; economic disaster looms, warns Winde; Steinhoff; Naspers

Loading player...
* President Cyril Ramaphosa on Tuesday urged wealthy countries not to hoard surplus Covid-19 vaccine supplies, adding his voice to calls for global production to be shared more equally.
* Western Cape Premier Alan Winde has called on government to urgently ease Covid-19 restrictions in the provice to avoid an economic disaster.
* Retailer Pepkor Holdings said on Tuesday that sales in its first quarter rose by 7.7% as it continued to acquire market share.
* Struggling retail holding investment company Steinhoff is looking to dispose of one of its best performing assets in discount retailer Pepco.
* US stocks crept higher after major indexes hit records a day earlier and investors readied for a slew of blue-chip earnings.
* Naspers and Prosus lost about 5% by the end of the trading session, following Tencent down as traders in Hong Kong took profits following Monday’s surge. Learn more about your ad choices. Visit megaphone.fm/adchoices
26 Jan 2021 11AM English South Africa Investing · Business News

Other recent episodes

BN Daybreak Thurs 15 Jan: Abedian on SA Silence about “21st Century Nazis”; Mining Indaba's back story; Sasol Surges

In this morning's briefing, Alec Hogg unpacks a volatile geopolitical landscape where conflicting reports emerge from Iran—Donald Trump claims de-escalation while internal memos suggest mass casualties. We speak to Iranian-born and bred entrepreneur and former UCT Economics Prof Iraj Abedian, who delivers a scathing critique of the South African government's…
14 Jan 11PM 17 min

BN Briefing: Leaked Iran death toll, US-SA relations, and Equities vs Gold

In this BizNews Briefing, Dr. Iraj Abedian reveals leaked reports of 12,000 deaths in Iran, questioning the South African government’s silence. The Hudson Institute's Josh Meservey analyses Pretoria’s alignment with American adversaries. Plus, David Shapiro discusses the "survival mode" of South African business, and Peter Major explains why equities historically…
14 Jan 5AM 13 min