Covid cases up to 1,353; SA trade surplus; Naspers jumps; SA leads Africa in Covid-19 campaign; new Sanlam bosses

Loading player...
In today's news headlines:
* Covid-19 update: 1353 confirmed cases; total number of tests 39 ,000 says the Minister of Health;
* South Africa recorded its biggest trade surplus in 14 months in February as exports to Europe surged;
* Shares in Africa’s most-valuable company, Naspers, have advanced 11% since 2020 began, the best quarterly performance in a year, says Reuters;
* MTN will push on with a plan to reduce its majority stake in the wireless carrier’s Nigerian business, though turmoil caused by the coronavirus may require the sale to be done in smaller chunks than anticipated, that’s according to Bloomberg;
* Sanlam today announced that the Sanlam Board has approved new appointments in three of its most senior positions in the diversified financial services group;
* In other news making global headlines, South Africa will dispatch about 10,000 field workers to check up on people in their homes; and
* South Africa’s competition watchdog said it was investigating over 300 complaints against retailers and suppliers for charging excessive prices for essential products during the coronavirus outbreak, reports Bloomberg. Learn more about your ad choices. Visit megaphone.fm/adchoices
31 Mar 2020 11AM English South Africa Investing · Business News

Other recent episodes

Boardroom Talk: Fresh West Coast oil strike a reminder of SA's worst own goal

In this Boardroom Talk podcast, BizNews editor Alec Hogg details how South Africa is sitting on extraordinary oil and gas potential just as the world searches for safer energy sources beyond the volatile Middle East. Using fresh discoveries in the Republic of Congo and Namibia as examples, he makes the…
13 Apr 5AM 21 min

BNC#8; John Endres Q&A - Jobs, politics and the investment freeze no one wants to admit

South Africa’s future hinges on one simple truth: jobs come from growth, and growth comes from political choices. This sharp discussion unpacks how policy, ideology, and global alignment are choking investment and costing livelihoods. Inside the ANC, paralysis, fear, and patronage block reform - despite clear evidence of what works…
10 Apr 9AM 32 min