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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.

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Daily English South Africa Business News · News
12,931 Episodes
228 – 248

LETTER: Lives of all oppressed matter

Allan Wolman wants US liberals to spread their focus beyond the US, particularly to Africa (“Black lives in Africa matter too” (, August 31). I suggest all lives everywhere that are under threat become the concern of not only US liberals, but of all human rights-loving people. Thus, dispossessed, discriminated,…
6 Sep 2020 4PM 1 min

How to tell an oasis from a mirage in the search for yield

Income is the dominant driver of most asset class returns over the long run. For some asset classes, such as high-yield corporate bonds, the income received can even exceed the total return due to a portion of capital being lost to defaults. Even for equities, reinvested dividends are typically responsible…
6 Sep 2020 4PM 4 min

LETTER: Old Mutual fails at its primary purpose

The only good thing about the Old Mutual’s half-year results is that they took only 62 days to prepare and publish (“Old Mutual swings into a loss amid Covid-19 hit” (, September 1). The worst aspect of the report is the codswallop written as a “strategic update”. The company has…
6 Sep 2020 4PM 1 min

LETTER: Cruise ship woes a blow to Zip Zap Circus

It is particularly sad to see the decimation of the luxury cruise part of the tourism industry, which is hundreds of years old (“Cruise industry’s billion-dollar question: what to do with the ships? (” September 2). Many of us have had the opportunity to go on cruises and enjoyed the…
6 Sep 2020 3PM 1 min

Why modern monetary theory is such a dangerous drug

Modern monetary theory is a new term for an old idea. Its proponents argue a state that issues fiat money does not have to resort to taxation and borrowing to pay its bills. It can fund itself simply by printing money. While there are numerous historical examples of unfunded fiscal…
6 Sep 2020 3PM 5 min

EDITORIAL: Post Office posts a nagging reminder

A day after President Cyril Ramaphosa told reporters that the ANC’s top decision-making body, the national executive committee, had rallied behind his letter calling for tougher measures against the corruption cancer corroding every layer of the party, the SA Post Office reminded him about his long-standing state-owned enterprises (SOEs) headache…
6 Sep 2020 3PM 3 min

France vows to continue military operations in Mali

Paris — French foreign minister Jean-Yves Le Drian said on Sunday France will continue with its military operations in Mali where two French soldiers were killed on Saturday. “There is no question of letting down the guard. We are making progress in Mali where we are fighting to insure our…
6 Sep 2020 3PM 3 min

Belarus protesters defy government warning against march in Minsk

Minsk — Tens of thousands of people marched through Minsk on Sunday calling on Belarusian President Alexander Lukashenko to step down, in mass demonstrations that showed no sign of abating nearly a month after an election his opponents say was rigged. Columns of protesters defied a government warning to march…
6 Sep 2020 3PM 2 min

Scores of activists held in Hong Kong swoop as protests return

Hong Kong police arrested scores of people including key activists as protests again flared on the city’s streets on Sunday after weeks of relative calm since the implementation of a national security law. At least 90 people were arrested on charges including illegal assembly, disorderly conduct, obstructing and assaulting police,…
6 Sep 2020 3PM 3 min

Jacob Blake sends strong video message from hospital bed

New York — Jacob Blake, the black man whose shooting by police set off protests and prompted visits to Kenosha, Wisconsin, by both presidential candidates, released a video from his hospital bed on Saturday night. Paralysed from the waist down, he described his physical pain and urged people to “change…
6 Sep 2020 2PM 3 min

Trump eyes liberal stronghold in re-election battle

Washington — Donald Trump’s campaign is pouring resources into winning Minnesota, betting that rising public opposition to Black Lives Matter (BLM) protests will tip an historically Democratic state the president narrowly lost four years ago. Trump won the White House in 2016, in part, on narrow victories in Michigan, Pennsylvania…
6 Sep 2020 2PM 5 min

UK does not fear no-deal, chief negotiator warns EU

London/Brussels — Britain will not blink first in Brexit trade negotiations with the EU and is not scared of a no-deal exit at year’s end, the country’s top Brexit negotiator has warned the bloc. Britain left the EU on January 31 but talks have so far made little headway on…
6 Sep 2020 1PM 2 min

Achmat Dangor, author and political activist, dies

Achmat Dangor, an author and political activist who served as CEO of the Nelson Mandela Foundation, has died, his brother said on Sunday. “It is with sadness that we announce the passing of our brother Achmat Dangor. He is mourned by his wife Audrey Elster, his children Yasmin, Zane and…
6 Sep 2020 1PM 1 min

MPs pick through the details of cannabis bill

MPs have questioned the allowable quantity of cannabis that individuals can legally possess in terms of proposed legislation. According to the Cannabis for Private Purposes Bill, the maximum quantity allowed for possession for personal consumption will be 600g of dried cannabis or cannabis equivalent per adult, or 1,200g per dwelling…
6 Sep 2020 11AM 3 min

Concerns abound as recovery of world economy runs out of steam

The world economy’s rebound from the depths of the coronavirus crisis is fading, setting up an uncertain finish to the year. The concerns are multiple. The coming northern winter may trigger another wave of the virus as the wait for a vaccine continues. Government support for furloughed workers and bank…
6 Sep 2020 11AM 3 min

LETTER: Colour bans in cricket should set off warning bells

SA’s racial policies have continuously brought the country closer to dissolution rather than solution. A fixation on race is the consequence of such policies and their practices, and though it goes against the grain to hear that a certain team must have a fixed percentage or number of black African…
6 Sep 2020 10AM 1 min

Southern Japan braces for impact as Typhoon Haishen barrels toward mainland

Tokyo — Typhoon Haishen drew closer to Japan’s southern mainland on Sunday, cutting power and prompting authorities to recommend evacuation and warn of potentially record rainfall, unprecedented wind, high tides and large ocean swells. Authorities urged early evacuation for more than 100,000 households in the southern island prefecture of Okinawa…
6 Sep 2020 5AM 2 min

‘Invest in China’: Regulators vow to deepen market reforms to draw investors

Chinese regulators vowed to accelerate the opening up of its capital markets and deepen reforms to attract more foreign investors. The regulator will expand the scope of investments allowed in the stock connect program link with Hong Kong, and allow foreign investors to trade more commodities futures products, China securities…
6 Sep 2020 5AM 2 min
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