IMF not needed; Lefties shackle Cyril; Goldfields, Implats back in black; Discovery recovery; Petrol price hike

Loading player...
In today's business headlines:
The IMF says South Africa does not need a loan, but it needs structural reforms to boost growth;
Bloomberg says President Cyril Ramaphosa's left wing allies is hampering economic reforms;
Gold Fields has returned to a first-half profit of $70.5m in June but its headline earnings per share fell, while Implats swung to its first net profit in five years;
Discovery shares claw back;
Weaker rand could lead to 10 cent hike in the petrol price in September; and 
Government departments owe service providers R600m. Learn more about your ad choices. Visit megaphone.fm/adchoices
15 Aug 2019 11AM 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