VBS liquidators want Nkandla; Hawks investigate Malema; China SA ambassador takes aim at Trump; Mine strikes; Discovery share perks up

Loading player...
The wheels of justice are starting to turn a bit faster in South Africa, with former president Jacob Zuma and Economic Freedom Fighters leader Julius Malema both in the spotlight in connection with court action.

In an unusual move, Lin Songtian, China’s ambassador to South Africa, has opened fire at US President Donald Trump through newspaper advertisements.

Anglo American Platinum and Sibanye Gold will seek mediation to break the deadlock in wage negotiations with South Africa’s largest platinum-mining labour union.

Looking at the JSE, it was a better day for medical scheme operator Discovery, which saw its share price perk up by more than 2%. Discovery was among the top-five major movers on the Johannesburg stock exchange. But, it was a tough day for shareholders in mining and resources stocks, with Assore down more than 7%, Impala platinum down nearly 6% and Kumba iron ore not far behind, with a drop of just over 5%. Learn more about your ad choices. Visit megaphone.fm/adchoices
10 Sep 2019 3PM English South Africa Investing · Business News

Other recent episodes

BN Daybreak Fri 16 Jan: Trump’s Nobel “Medal”; Farmers boo Steenhuisen; ASML jumps

In this episode of BizNews Daybreak, Alec Hogg covers the intersection of high-stakes global politics and critical local challenges: Trump’s Nobel Moment: Venezuelan opposition leader Maria Corina Machado presents her Nobel Peace Prize medal to Donald Trump at the White House, calling him the “heir to Washington”. US-Taiwan Trade Deal:…
15 Jan 11PM 18 min

BN Daybreak Thurs 15 Jan: Abedian on SA Silence about “21st Century Nazis”; Mining Indaba's back story; Sasol Surges

In this morning's briefing, Alec Hogg unpacks a volatile geopolitical landscape where conflicting reports emerge from Iran—Donald Trump claims de-escalation while internal memos suggest mass casualties. We speak to Iranian-born and bred entrepreneur and former UCT Economics Prof Iraj Abedian, who delivers a scathing critique of the South African government's…
14 Jan 11PM 17 min