Flash Briefing: Load shedding to continue; Aspen adds anaesthetics; former Eskom CEO Koko allegedly 'cooked the books'

Loading player...
News headlines:
*South Africa faces an increased risk of power outages because maintenance needs to be carried out at deteriorating coal-fired power stations, the state energy utility said.
*Aspen Pharmacare Holdings Ltd. opened the southern hemisphere’s largest general anaesthetics manufacturing line, adding production at the South African plant where it fills and packages the Johnson & Johnson Covid-19 vaccine.
*A News24 investigation alleges that reporting systems implemented by former Eskom CEO Matshela Koko may have incentivised managers to under-report problems during his tenure to artificially inflate system performance – all to the detriment of the grid and possibly exacerbating the issues the power utility faces today. Learn more about your ad choices. Visit megaphone.fm/adchoices
25 Oct 2021 5AM 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