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BusinessLIVE - For Your Ear

Listen to the latest BusinessLIVE articles from the news desk of Business Day, Financial Mail and the Business Times.

This audio is produced directly from the text article.
Daily English South Africa Business News · News
12,931 Episodes
1128 – 1148

Egypt’s agreement with Greece on exclusive economic zone riles Turkey

Cairo — Egypt and Greece signed an agreement on Thursday designating an exclusive economic zone in the eastern Mediterranean between the two countries, an area containing promising oil and gas reserves, Egyptian foreign minister Sameh Shoukry said. Shoukry made the announcement at a joint press conference with his Greek counterpart,…
6 Aug 2020 2PM 3 min

Turkey’s lira falls to record low as forex interventions fail

Ankara — Turkey’s lira tumbled to its lowest level against the dollar as interventions by state banks failed to keep a lid on the currency’s depreciation. At the root of the strains are concerns about the level of Turkey’s reserves and an aggressive monetary easing cycle that has fueled an…
6 Aug 2020 1PM 2 min

Cyril Ramaphosa orders government to provide details of Covid-19 tenders

Premiers and ministers will have to provide information about tenders awarded during SA’s state of disaster to a committee of ministers appointed to look into allegations of corruption, the presidency said on Thursday. The cabinet decided on Wednesday to appoint the committee to deal with the allegations associated with SA’s…
6 Aug 2020 1PM 3 min

Cabinet to send dagga bill to parliament

Cabinet has approved the bill regulating the private use of cannabis and setting the limit of the quantity that may be possessed by an individual. It criminalises the smoking of cannabis in public places. Justice minister Ronald Lamola on Thursday said the Cannabis for Private Purposes Bill would now be…
6 Aug 2020 1PM 2 min

EDITORIAL: Give investors more say on executive pay

With about 24% of Pick n Pay shareholders expressing dissent on the company’s executive pay report at an annual shareholder meeting this week, the food retailer narrowly avoided triggering a JSE rule that would require it to take steps to address their concerns. Other than shining an unforgiving spotlight on…
6 Aug 2020 12PM 3 min

New York sues to have NRA dissolved due to ‘fraud and abuse’

New York — New York is seeking to dissolve the National Rifle Association (NRA) as the state attorney-general accuses the gun rights group and four senior officials of engaging in a huge fraud against donors. A sprawling lawsuit filed on Thursday in state court in Manhattan alleges the NRA diverted…
6 Aug 2020 12PM 4 min

Fear about vaccine safety rises as race to develop Covid-19 shot gains speed

Brussels/London — The frenetic race to develop a Covid-19 vaccine has intensified safety concerns about an inoculation, prompting governments and drugmakers to raise awareness to ensure their efforts to beat the coronavirus are not derailed by public distrust. There are more than 200 Covid-19 vaccine candidates in development globally, including…
6 Aug 2020 12PM 5 min

Busisiwe Mkhwebane’s credibility and conduct again questioned in court

Busisiwe Mkhwebane's credibility and conduct was once again called into question during a court application to have her report on the so-called rogue unit at the SA Revenue Service (Sars), which allegedly spied on politicians, set aside. On Thursday, the high court in Pretoria heard arguments in the application brought…
6 Aug 2020 11AM 3 min

WHO urges African nations to participate in Covid-19 vaccine trials

The World Health Organisation (WHO) in Africa has urged the continent to participate in Covid-19 vaccine trials, saying it was vital these products were tested in the countries that needed them to ensure they were effective. A vaccine is widely regarded as the best way to halt the spread of…
6 Aug 2020 11AM 2 min

Lower unemployment claims suggest US jobs market is improving

Washington — US applications for unemployment benefits fell more than expected last week to the lowest since the pandemic started, in a broad decline across nearly all states, suggesting the labour market is improving. Initial jobless claims in regular state programs fell by 249,000 to 1.19-million in the week ended…
6 Aug 2020 10AM 4 min

No plan yet to use negative rates, says Bank of England

London — Britain’s central bank sees no immediate case to cut interest rates below zero, it said on Thursday as it warned the economy would take longer to recover from its Covid slump than it previously forecast. Unemployment is likely to almost double by the end of this year, the…
6 Aug 2020 10AM 3 min

Trump to sign order to end US drug-reliance on other countries

Washington/Arlington — US President Donald Trump plans to sign an executive order on Thursday that would encourage the production of certain drugs and medical supplies in the US, after shortages during the Covid-19 pandemic. The order urges purchasers to buy American-made products and loosens federal drug-safety and environmental regulations that…
6 Aug 2020 10AM 2 min

Mexican health budget making medics ill

Listen to the latest BusinessLIVE articles from the news desk of Business Day, Financial Mail and the Business Times. This audio is produced directly from the text article.
6 Aug 2020 10AM 5 min

Opportunity arises to address the pay gap

Listen to the latest BusinessLIVE articles from the news desk of Business Day, Financial Mail and the Business Times. This audio is produced directly from the text article.
6 Aug 2020 10AM 5 min

Shattered Beirut at the end of its tether

Listen to the latest BusinessLIVE articles from the news desk of Business Day, Financial Mail and the Business Times. This audio is produced directly from the text article.
6 Aug 2020 9AM 6 min
1128 – 1148