Flash Briefing: Alcohol ban threatens more jobs, hammers glass industry; booze ban arrests; Sibanye; Truworths

Loading player...
In today's headlines:
* The alcohol ban is hammering South Africa’s glass packaging industry, which could lose a further R1.5bn in sales;
* Acting on tip-offs, police have been cracking down on restaurants serving alcohol in contravention of Covid-19 regulations;
* Global stock markets sank on Monday as soaring Covid-19 cases offset investor hopes of a quick economic recovery;
* Truworths was one of the best performers at the start of the week, gaining about 15% even though it has warned of a profit drop. Learn more about your ad choices. Visit megaphone.fm/adchoices
18 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