France considers Eskom aid; Loadshedding dents rand surge; Branson considers SAA stake

Loading player...
In today's business headlines:
France is considering providing financial support to Eskom according to the Business Times.
British billionaire Richard Branson will look at buying a stake in South African Airways if he is approached.
Eskom has warned that the power system remains constrained and vulnerable and that any shift could lead to load shedding at short notice.
The Rand which has rallied last week to its firmest level in three weeks on the back of renewed hopes of a US-China trade deal slipped back after the nationwide electricity blackouts reignited worries about the economy.
London City traders have urged the United Kingdom and European exchanges to cut trading hours to improve work-life balance.
With calls on the government to get on with plans to get the economy going; the ANC met members of its alliance, the South African Communist Party, Cosatu and civic organisation SANCO yesterday to discuss the Treasury’s economic rescue plan; and
An earthbound jet known as the Bloodhound is on target to set a new land speed record in South Africa. Learn more about your ad choices. Visit megaphone.fm/adchoices
10 Nov 2019 9AM 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