Bumper Sea Harvest; Sugar tax hits RCL Foods; Vox buys out Investec; Manufacturing sentiment slips; Petrol price hike; Tesla powers Zim

Loading player...
In today's business headlines:
Sea Harvest Group reported a surge in first-half sales and profits;
While RCL Foods reported a 60.8% drop in full-year profit hurt by a poor performance in its sugar and chicken divisions;
Vox Telecom SA shareholders including Rand Merchant Bank agreed to buy out fellow investor Investec in a R2bn ($130m) deal;
South Africa's  manufacturing industry sentiment slid back into contraction in August;
Petrol rises by11 cents a litre today and diesel goes up by 26 cents a litre; and
Tesla batteries are powering Zimbabwean phones. Learn more about your ad choices. Visit megaphone.fm/adchoices
2 Sep 2019 2PM 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