Govt yields climb; Glencore copper production falls; Moyo in the OM building; Eskom’s new restructuring boss; PP, Ramaphosa in court

Loading player...
In today's business headlines: 
South African government yields climbed after the National Treasury said it will increase the amount of debt sold at weekly bond auctions.
Glencore has reported a 2% fall in second-quarter copper production.
Shares in UK property companies have plunged.
There was stand-off between axed CEO Peter Moyo and Old Mutual as he pitched up for work.
The new chief restructuring officer at Eskom, Freeman Nomvalo stays on at South  African Institute for Chartered Accountants.
The Heat increases on the ombudsman as she squares up to Ramaphosa in court today and a Parliamentary committee gets approval to discuss her dismissal. Learn more about your ad choices. Visit megaphone.fm/adchoices
31 Jul 2019 11AM 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