MTN terrorist support allegations; Petrol price drop; RBM ops resume; Kenya stocks outshine SA

Loading player...
In today's headlines:
- MTN said it was reviewing allegations from the United States which accuses several firms, including MTN, of paying protection money to militant Islamist groups in Afghanistan;
- Improved sentiment towards emerging markets has boosted the rand and the currency managed to break below the R14 a dollar level yesterday ending slightly weaker at the close of trading at R14.06;
- The Rio Tinto Group is resuming operations at the Richards Bay Minerals mine that was shuttered earlier this month because of escalating violence in surrounding communities; and
- Kenya's stock market outperformed South Africa and was the best performer among sub-Saharan African stocks over the past decade. Nairobi’s benchmark gauge climbed 74% compared to South Africa's 9%. Learn more about your ad choices. Visit megaphone.fm/adchoices
30 Dec 2019 12PM English South Africa Investing · Business News

Other recent episodes

Helen Zille on Joburg, coalitions and the price of power

She said she hadn't exchanged a single word with the ANC about a post-election deal. Helen Zille then told Alec Hogg who she thought was talking to them. The DA's Johannesburg mayoral candidate took on Corné Mulder's claim of a backdoor ANC pact and compared Gayton McKenzie's Patriotic Alliance to…
25 Sep 12PM 34 min

Why Jakkie Cilliers (ISS) guarantees Africa in 2050 will be far more stable than today

At a time when news headlines across Africa highlight political friction, economic distress and security concerns, a guarantee of better times ahead may sound almost provocatively optimistic. Yet Dr Jakkie Cilliers, founder of the Institute for Security Studies and head of its African Futures and Innovation Programme, bases that guarantee…
25 Sep 5AM 35 min

Andy Calitz on Eskom, the job he didn't get, and what came next

He was on the shortlist to run Eskom and lost out to André de Ruyter. Years later, Andy Calitz, who ran South Africa's transmission grid before a career that took him from Shell to Gazprom's control room and the helm of LNG Canada, still thinks about it most weeks. In…
25 Sep 3AM 55 min

Warren Wheatley breaks his silence on his FSCA debarment

Three trades, R301 in total, and a 20-year ban from the financial sector. Warren Wheatley, the chartered accountant who helped put together the Capitec empowerment deal and went on to found Altvest, now Africa Bitcoin Corporation, broke his silence to Alec Hogg days after resigning as CEO. The FSCA says…
23 Sep 12PM 54 min