This site requires JavaScript to be enabled. Please enable JavaScript in your browser settings, or upgrade to a modern browser.

Generous bid for Phumelela; Distell profit fall; AYO's hefty fine; Massmart

Loading player...

In today’s news headlines:
- Distell sees headline profit fall by 64%;
- JSE fines AYO Technologies R6.5m for misleading financial results;
- Massmart suffers headline loss of more than R1bn; and
- UK bookmaker Betfred offers up to R925m for Phumelela Gaming and Leisure Learn more about your ad choices. Visit megaphone.fm/adchoices

27 Aug 2020 1PM English South Africa Investing · Business News

Other recent episodes

The Daily Edge: $2bn back to Anglo Gold shareholders, what Mideast ceasefire means for gold bulls

Three JSE stories opened the week, and one theme cut through all of them: cash. Anglo Gold Ashanti confirmed a shareholder vote on a $2 billion share buyback, sending the stock up nearly 9%. Eskom's credit rating was upgraded by Fitch — not on its own merits, but on the…

15 Jun 7AM 12 min

Golden handshakes, protection of allies, targeting of whistleblowers… - Grant Abbott

In his latest interview with Chris Steyn, Grant Abbott the General Secretary of the National Tertiary Education Union (NTEU) shares evidence collected over years for the criminal complaint lodged against Vice-Chancellor Professor Sakhela Buhlungu who was recently placed on precautionary suspension by the Council and now faces charges of gross…

15 Jun 5AM 19 min

BN Daybreak - Mon 15 June 2026: US-Iran peace deal; Ramaphosa impeachment fight; Cape Town Mayor; Old School SA

In today's BizNews Daybreak: Global markets react to a historic US-Iran peace deal halting fighting for 60 days, while the Federal Reserve faces a high-stakes interest rate decision amidst rising inflation. Closer to home, President Cyril Ramaphosa scrambles to block a politically dangerous parliamentary impeachment inquiry over the Phala Phala…

14 Jun 11PM 13 min

The NdB Sunday Show: Lauren Evanthia - “Scrambling” Cyril, Witness I & a “criminal enterprise” government

In today’s edition of the NdB Sunday Show with Chris Steyn and Lauren Evanthia, the founder of the Organic Humanity Movement, the hot topic is President Cyril Ramaposa’s urgent court bid to try and stop Parliament from conducting his impeachment inquiry. “And now the president is obviously scrambling. He knows…

14 Jun 8AM 25 min

Mayor first, party leader second: Geordin Hill-Lewis on why Cape Town beats a cabinet seat

Geordin Hill-Lewis says he has the best job in South African politics - and he's not giving it up. The DA leader explains why he's staying on as Cape Town mayor, tackles criticism of DA ministers, outlines bold plans to build a city detective branch, and shares his vision for…

11 Jun 12PM 37 min

All episodes