Flash Briefing: Robust action needed - IMF on SA; Vehicle sales, PMI disappoint; Rand's rosy outlook; PP YouTube's Pravin

Loading player...
In today's business headlines:
The IMF says South Africa needs to take “robust actions” to reduce its fiscal deficit and reverse the increase in public debt;
The Absa purchasing managers’ index (PMI) has dropped again in May after a slight rise in April;
South African vehicle sales fall again;
The rand ended slightly firmer and the Bloomberg year-end forecast looks rosy;
The Public Protector fires another salvo at Minister of Public Enterprises Pravin Gordhan. Learn more about your ad choices. Visit megaphone.fm/adchoices
3 Jun 2019 12PM 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