Flash Briefing: 2021 Local Elections to usher in coalitions; coalition politics; Eskom corruption still rife - de Ruyter

Loading player...
News headlines:
*With 97% of the ballots counted, the Democratic Alliance and ActionSA, together with support of natural allies, appear to have won sufficient votes to take control of Johannesburg and Tshwane, SA’s commercial heartland and its capital city.
*With attention now on political parties forming coalitions, the ANC has said it is willing to work with any political party to form a stable government in the 52 municipalities with no outright majority.
*Eskom CEO André de Ruyter has admitted that corruption is still rife at the power utility and that patronage networks still exist, saying it is clear that the networks created during the state capture years are still active. Learn more about your ad choices. Visit megaphone.fm/adchoices
4 Nov 2021 7AM English South Africa Investing · Business News

Other recent episodes

BN Briefing: US Ambassador Bozell's BNC#8 warning; Yardeni's $6,000 Gold call; Sean Peche's wealth-building wisdom

Tonight’s BizNews Briefing opens with new US Ambassador Brent Bozell’s candid message from BNC#8, urging reciprocity and warning that policy uncertainty and geopolitical alignment choices shape investor confidence. We then run through a results-heavy market update led by Harmony, Rainbow Chicken and OUTsurance. Bloomberg follows with Ed Yardeni’s bullish gold…
11 Mar 7AM 10 min