IMF not needed; Lefties shackle Cyril; Goldfields, Implats back in black; Discovery recovery; Petrol price hike

Loading player...
In today's business headlines:
The IMF says South Africa does not need a loan, but it needs structural reforms to boost growth;
Bloomberg says President Cyril Ramaphosa's left wing allies is hampering economic reforms;
Gold Fields has returned to a first-half profit of $70.5m in June but its headline earnings per share fell, while Implats swung to its first net profit in five years;
Discovery shares claw back;
Weaker rand could lead to 10 cent hike in the petrol price in September; and 
Government departments owe service providers R600m. Learn more about your ad choices. Visit megaphone.fm/adchoices
15 Aug 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