Flash Briefing: Zuma FINALLY answers corruption charges in court; SA taxpayers to spend more on foreign spies

Loading player...
* Former South African President Jacob Zuma appeared in court to face corruption, money laundering and racketeering charges, and pleaded not guilty on all counts.
* The number of confirmed Covid-19 infections has risen 17% in South Africa over the past week.
* South African taxpayers are footing the bill for the country’s spy agency to beef up its economic intelligence unit so it can play a 'proactive role' in supporting the nation’s companies as they expand beyond their home base.
* South Africa’s health Minister Zweli Mkhize, at the centre of a corruption scandal, is facing calls for his resignation. Learn more about your ad choices. Visit megaphone.fm/adchoices
26 May 2021 8AM 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