Flash Briefing: Load shedding = SEVERE job shedding in SA; 2021 Local Elections update; Eskom needs R500bn to go green

Loading player...
News headlines:
*Economist Mike Schussler says that South Africa’s load shedding problems have cost the country “well over a million jobs”.
*Eskom says that it will need between R460bn and R537bn over the next 15 years to transition away from generating electricity from coal.
*With over two thirds of the ballots counted, the ANC’s share of the national vote in the 2021 Local Elections is still on track to fall by up to ten percentage points – from 56% in 2016 to 46% in 2021. Learn more about your ad choices. Visit megaphone.fm/adchoices
3 Nov 2021 7AM English South Africa Investing · Business News

Other recent episodes

BizNews Edge: Stranger than fiction - Jooste's consigliere meets ET-type end

Today's BizNews Edge covers three stories that cut to the heart of South African business and politics. John Steenhuisen has broken publicly with the DA, naming Geordin Hill-Lewis and Tony Leon in allegations that threaten serious damage to the party just months before the 2026 municipals. Prosus, once a byword…
29 Jun 5AM 24 min

Criminalising corporate silence with Wendy Addison

South Africa's first high-profile whistleblower Wendy Addison is done talking shop. She's raised a criminal docket against a corporation and its directors for silencing two financial industry whistleblowers — and she thinks it could be a watershed moment. Can personal criminal accountability finally give whistleblower protection real teeth?
29 Jun 3AM 23 min

BN Daybreak: Strait of Hormuz showdown as US and Iran head back to Doha

Vessels are still threading the Strait of Hormuz, but a Bloomberg analyst calls it Schrodinger's Strait: you never know if it's open until you try to get through. With traffic down to a fraction of normal and ships taking hits, owners are weighing whether the world's most vital oil route…
28 Jun 9PM 15 min