Flash briefing: Ant IPO derailed; US elections; Mbeki in Trump smear; Sibanye accused of BEE 'theft'; Mozambique EU aid

Loading player...
* China put the brakes on Ant Group Co.’s $35 billion share sale in Shanghai and Hong Kong, derailing the world’s biggest initial public offering.
* Analysts are cautious about how soon the U.S. will know the results of election voting.
* The name of former SA president ‘Thabo Mbeki’ has been used to smear Donald Trump as Americans cast their votes.
* South Africa’s mining minister has accused Sibanye-Stillwater of breaching regulations on Black ownership targets at its gold operations and said the miner had stolen its compliance rating, reports Reuters.
* The European Union will give Mozambique 100 million euros ($116 million) in budget support, resuming aid to the southeast African nation after a scandal over undisclosed debts prompted a four-year freeze, says Bloomberg.
* Learn more about your ad choices. Visit megaphone.fm/adchoices
3 Nov 2020 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