Flash Briefing: Ramaphosa 'shocked' by Magashule behaviour; most vaccinated country back in lockdown; Eskom; Sibanye

Loading player...
* ANC President Cyril Ramaphosa is shocked and dismayed by a letter from ANC secretary general Ace Magashule who made an unauthorised attempt to suspend Ramaphosa as party president, says Eyewitness News.
* Eskom doesn’t want to buy electricity from the company that won most of a government emergency-power tender because it’s concerned about the cost and length of the contract, says Bloomberg.
* Zimbabwe plans to list a bond on the local exchange for the first time in 20 years to raise funds for the expansion and upgrade of a main highway that links the country to its largest trading partner, South Africa.
* Seychelles, which has fully vaccinated more of its population against the coronavirus than any other country, has closed schools and canceled sporting activities for two weeks as infections surge.
* South African miner Sibanye-Stillwater on Thursday posted a 78% increase in first-quarter core profit, driven by higher metals prices and improved operational performance, reports Bloomberg. Learn more about your ad choices. Visit megaphone.fm/adchoices
6 May 2021 11AM English South Africa Investing · Business News

Other recent episodes

Solly Moeng on Ramaphosa, his shadowy advisers and a fading legacy

In their weekly chat Chris Steyn and political commentator Solly Moeng dissect President Cyril Ramaphosa’s tough week on several fronts: The Madlanga Commission of Inquiry is seeking answers from his very influential former adviser, Dr Bejani Chauke, particularly in relation to WhatsApp chats with a notorious late taxi boss; his…
29 Oct 10AM 21 min

Gareth van Onselen on the metro races that could redraw SA politics

Six days before the vote, four serious pollsters could not agree on who was winning Johannesburg. Gareth van Onselen, whose Victory Research polls have drawn fire from the ANC and ActionSA alike, told Alec Hogg why the metro numbers diverged, why turnout could swing a party by up to five…
29 Oct 8AM 44 min

Donald MacKay: Find the JSE guilty - or not - and move on

In this interview with Chris Steyn, Donald MacKay, the CEO of XA Global Trade Advisors, describes how anti-competitive behaviour is rewarded when investigations drag on. He was speaking out amid a long wait to find out whether the Johannesburg Stock Exchange (JSE) will be hit with a penalty of ten…
29 Oct 5AM 10 min