Flash Briefing: SA engineers tell Cubans 'we don't need you'; Eskom fraud; Steinhoff Poland IPO; Bitcoin

Loading player...
* South African prosecutors said they are seeking the extradition of a British national who’s been implicated in a fraudulent deal with Eskom.
* Steinhoff's Pepco says it will list its shares in Warsaw rather than London, in what could become Poland’s biggest IPO this year.
* In other Steinhoff news, an ex-Deloitte LLP partner is facing disciplinary action in the Netherlands for an improper audit of Steinhoff International prior to the South African retailer’s near-collapse more than three years ago.
* Bitcoin headed for its worst week in more than a year as a proposed capital-gains tax increase for wealthy Americans intensified the volatility whiplashing the world’s largest cryptocurrency.
* Labour union Solidarity has sent a list of more than 120 “competent and willing” engineers to Lindiwe Sisulu, Minister of Human Settlements, Water and Sanitation who can easily replace the 24 Cuban engineers who will cost millions, says MyBroadband.co.za Learn more about your ad choices. Visit megaphone.fm/adchoices
23 Apr 2021 10AM 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