Ramaphosa's contributors named; Rand keeps falling; Epstein commits suicide; MTN attracts attention

Loading player...
The storm around Cyril Ramaphosa’s presidential campaign funding ratcheted up a level as a weekend newspaper disclosed names of contributors, mostly well-known business personalities.
The South African Rand extended its longest losing streak in two years on Friday as the currency dropped to R15.25 against the US Dollar - 50c worse than where it began the week.
America’s disgraced former financier Jeffrey Epstein was found dead in his cell yesterday after apparently having taken his own life.
South African mobile phone company MTN hit the front page of the Wall Street Journal over the weekend after Friday’s publication of solid financial results for the half year to end June. Learn more about your ad choices. Visit megaphone.fm/adchoices
11 Aug 2019 12PM English South Africa Investing · Business News

Other recent episodes

BN Daybreak: Record FSCA fines; New police bosses; US-China AI rivalries; Trump warns Iran

In today's episode, we cover South Africa's crowning as Africa's ransomware capital and the FSCA's record R2.8 billion in fines, including action against the Banxso deepfake scam. We also discuss the appointment of seasoned provincial police commissioners and new anti-corruption progress. Globally, we unpack President Trump's tariff lawsuits, OpenAI's security…
3 Aug 11PM 14 min

Dr Lennit Max: Non-racial, merit-based appointments of four new police commissioners

In his latest interview with Chris Steyn, former Western Cape Provincial Police Commissioner, Dr. Lennit Max hails the appointments of four new provincial commissioners. “This time around I am very pleased that the Acting National Commissioner in her wisdom decided that there's merit among people of colour.” He points out…
3 Aug 8AM 33 min

BN Daybreak: SA corruption probes; Trump’s Iran pause; SpaceX upcoming earnings, FIFA backlash

Today's BizNews Daybreak examines Japan’s US-coordinated currency intervention, OPEC+ production increases, and energy lobby opposition to US biofuels legislation. South Africa’s corruption commission delivers unprecedented accountability, while Donald Trump pauses planned Iran strikes pending rapid talks. Meanwhile, the S&P 500 opens at 7,489 and SpaceX prepares for a high-stakes earnings…
2 Aug 11PM 13 min