France considers Eskom aid; Loadshedding dents rand surge; Branson considers SAA stake

Loading player...
In today's business headlines:
France is considering providing financial support to Eskom according to the Business Times.
British billionaire Richard Branson will look at buying a stake in South African Airways if he is approached.
Eskom has warned that the power system remains constrained and vulnerable and that any shift could lead to load shedding at short notice.
The Rand which has rallied last week to its firmest level in three weeks on the back of renewed hopes of a US-China trade deal slipped back after the nationwide electricity blackouts reignited worries about the economy.
London City traders have urged the United Kingdom and European exchanges to cut trading hours to improve work-life balance.
With calls on the government to get on with plans to get the economy going; the ANC met members of its alliance, the South African Communist Party, Cosatu and civic organisation SANCO yesterday to discuss the Treasury’s economic rescue plan; and
An earthbound jet known as the Bloodhound is on target to set a new land speed record in South Africa. Learn more about your ad choices. Visit megaphone.fm/adchoices
10 Nov 2019 12PM 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