Eskom tariff hike defeat, debt plan rubbished; Angola targets Dos Santos assets; Facebook, Huawei

Loading player...
In today's business news headlines:
* Eskom loses court battle to dramatically hike electricity tariffs;
* Analysts rubbish a proposal by trade union group Cosatu to use government employee pensions to take over about half of Eskom’s debt pile;
* Angolan president takes hard line on state capture by Isabel dos Santos, daughter of the former president and Africa’s richest woman;
* Billionaire Pieter Thiel dumps more Facebook stock;
* Donald Trump snubs Boris Johnson as bromance sours over Huawei deal in UK; and
* Coronavirus hasn’t yet filtered through to the global economy, even though nearly 1,000 people have died, says Reuters. Learn more about your ad choices. Visit megaphone.fm/adchoices
10 Feb 2020 10AM 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