Flash Briefing: SA Covid variant threatens global recovery; Zuma, Malema - storm in tea cup? Africa GDP shrinks; rand

Loading player...
* The South African Covid-19 variant could threaten the global recovery, warns Bloomberg as a Wits trial fails to demonstrate the AstraZeneca vaccine's efficacy against serious illness.
* In a carefully calculated event designed to generate maximum publicity, corruption-tainted former president Jacob Zuma and EFF leader Julius Malema had a tea party in a show of solidarity. Zuma is under pressure to testify at the Zondo inquiry into state capture - and says he'd rather go to jail than testify.
* Sub-Saharan Africa needs concessional finance to help it recover from Covid-19's economic smack, says outgoing African Union President Cyril Ramaphosa.
* The rand was stronger at the end of the business week. Learn more about your ad choices. Visit megaphone.fm/adchoices
7 Feb 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