Flash Briefing: Zuma FINALLY answers corruption charges in court; SA taxpayers to spend more on foreign spies

Loading player...
* Former South African President Jacob Zuma appeared in court to face corruption, money laundering and racketeering charges, and pleaded not guilty on all counts.
* The number of confirmed Covid-19 infections has risen 17% in South Africa over the past week.
* South African taxpayers are footing the bill for the country’s spy agency to beef up its economic intelligence unit so it can play a 'proactive role' in supporting the nation’s companies as they expand beyond their home base.
* South Africa’s health Minister Zweli Mkhize, at the centre of a corruption scandal, is facing calls for his resignation. Learn more about your ad choices. Visit megaphone.fm/adchoices
26 May 2021 11AM English South Africa Investing · Business News

Other recent episodes

BN Daybreak - Fri 12 June 2026: Trump halts Iran strikes; SA's overlooked gold fortune; PA surge; World Cup fees

In today's BizNews Daybreak: Global markets rallied after President Trump halted planned military strikes against Iran. In South Africa, the Patriotic Alliance clinched a major by-election victory in Malmesbury, weakening established parties. Meanwhile, Alec Hogg unpacked South Africa’s overlooked multi-billion rand gold mining fortune. Finally, we highlight Adobe’s executive shakeup…
11 Jun 11PM 15 min

The Daily Edge: Gold at $4,100 and SA is sitting on a fortune it can't see

Alec Hogg opens with a thesis from Merrill Lynch veteran Dr. Duarte de Silva: South Africa's abandoned gold mines and tailings dumps — written off at $300–$800/oz — are generating margins above $3,000 per ounce at today's prices. The Witwatersrand Basin still holds as much gold as has ever been…
11 Jun 7AM 19 min