Oil and gas bill published; Further loadshedding; Trade surplus widens; Rand lifts; R50bn lost in Tax Gap

Loading player...
In today's business headlines:
- A long-anticipated draft of oil and gas legislation has been published in the Government Gazette that is aimed at increasing the development of the industry;
- Further loadshedding may occur this week as Eskom says that the systems is still “severely constrained;
- South Africa’s trade surplus widened in November as the value of imports of equipment components and chemical products decreased;
- The rand rose to a new five-month high at the end of last week as investors globally looked to take on risk, targeting emerging markets for their higher yields; and
- The Davis tax committee has estimated that the annual tax gap in South Africa is at least R50bn. Learn more about your ad choices. Visit megaphone.fm/adchoices
29 Dec 2019 11AM English South Africa Investing · Business News

Other recent episodes

SpaceX, Anthropic or OpenAI? Anthony Ginsberg and Magnus Heystek reveal their biggest AI bets

SpaceX’s blockbuster debut has reignited debate over whether Elon Musk is building the world’s most valuable company – or the next great market bubble. In this wide-ranging discussion, Magnus Heystek and Anthony Ginsberg unpack the investment case behind SpaceX, Starlink, Anthropic and OpenAI, weighing extraordinary growth potential against eye-watering valuations…
18 Jun 6AM 31 min