Buffett buys Berkshire shares; Huawei booms in China; Multichoice competitor folds.

Loading player...
Warren Buffett’s Berkshire Hathaway disclosed over the weekend that it bought back $440m worth of its own shares in the three months to end June.
The world’s number two smartphone maker Huawei Technologies is reaping an unexpected benefit from continued attacks by US president Donald Trump and his allies.
In a related story, after brief and unproductive talks last week, the US/China trade war ratcheted higher on Sunday when US president Donald Trump over-ruled his advisors by deciding to ramp up tariffs.
Zimbabwe’s economic crisis has reached a new level with Finance Minister Mthuli Ncube announcing he is to black out inflation statistics for the next six months.  Learn more about your ad choices. Visit megaphone.fm/adchoices
4 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