Oil price shock: What it means for SA; Sasol soars; Musk - 'pedo guy' insult normal in SA; BMF backs Moyo; Eskom advertises for expensive help

Loading player...
The oil price spike has rocked financial markets, with good news and bad news for South Africa.
Sasol jumped 10% on the JSE as investors absorbed the news of drone strikes on Saudi Arabian oil facilities.
South African entrepreneur Elon Musk hired a private eye to dig up dirt on a cave diver who insulted a SpaceX rescue craft, and claims that calling someone a 'pedo guy' is a South African insult that refers to a creepy man rather than a sexual predator.
The Black Management Forum has backed former Old Mutual CEO Peter Moyo in his boardroom battle with former finance minister Trevor Manuel.
Eskom is about to spend a lot more of taxpayers' funds - this time on advisers to help its bosses manage a government bailout package. Learn more about your ad choices. Visit megaphone.fm/adchoices
16 Sep 2019 3PM English South Africa Investing · Business News

Other recent episodes

Director's Cut: BEE is breaking South Africa - Gerhard Papenfus v Gwede Mantashe

In this candid and hard-hitting interview, Alec Hogg speaks to Gerhard Papenfus, CEO of the National Employers’ Association of South Africa, about his open letter condemning Black Economic Empowerment. Papenfus argues that BEE has distorted markets, damaged entrepreneurship, and entrenched elitism rather than broad-based upliftment. He challenges prevailing political narratives,…
20 Jan 5AM 37 min

Jabulani Khumalo - Zuma is “trying to build his own military wing”

In his latest interview with BizNews, MKP Founder Jabulani Khumalo warns that former President Jacob Zuma could be trying to build his own military wing. He spoke to Chris Steyn about a leaked letter purportedly written by Zuma to the Russian Defence Minister in which he stated that the 18…
20 Jan 10AM 10 min