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BusinessLIVE - For Your Ear

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Daily English South Africa Business News · News
12,928 Episodes
52 – 72

BEE is a form of race discrimination, but can the DA do better?

It has taken decades for political parties opposing the ANC to come up with a defensible alternative policy that meets the challenges of our times. The past weekend saw the DA offer its considered counter to the ANC, but the policy’s birth has not been without considerable controversy. It followed…
10 Sep 2020 12PM 7 min

Christine Lagarde not anxious to shift European monetary policy

Brussels — European Central Bank (ECB) president Christine Lagarde said the surging euro must be monitored for its effect on prices, but she did not signal any pressing need to adjust monetary policy. The currency jumped to the highest in more than a week. Speaking after the ECB kept its…
10 Sep 2020 12PM 3 min

UN needs $35bn more for WHO Covid-19 ACT programme

Zürich — UN secretary-general António Guterres has called for $35bn more, including $15bn in the next three months, for the World Health Organisation’s (WHO) Access to Covid-19 Tools (ACT) Accelerator programme to back vaccines, treatments and diagnostics against Covid-19. Some $3bn has been contributed so far, Guterres told an online…
10 Sep 2020 12PM 2 min

Samwu president John Dlamini dies

SA Municipal Workers’ Union (Samwu) president John Dlamini died on Thursday morning after a short illness. The union said 53-year-old Dlamini, a police officer by training and service, was elected councillor at the borough of Howick municipality, which is now the Umgeni local municipality, in the early 1990s. Dlamini had…
10 Sep 2020 11AM 1 min

Scandals taint Angela Merkel’s possible successor in Germany

Frankfurt/Berlin — Germany’s vice-chancellor has come under renewed pressure from lawmakers over his handling of two financial scandals, hurting his chances of reviving his Social Democrats in the race to succeed Chancellor Angela Merkel in 2021. Olaf Scholz, the Social Democrat candidate for chancellor, gambled with the party’s centre-left identity…
10 Sep 2020 11AM 2 min

George Bizos, to the end a warrior for justice and the constitution

I got to know George Bizos while working at the Legal Resources Centre (LRC) for almost a decade from 2008 to 2016. George himself had joined the LRC in 1991, spending almost three decades at the organisation. I joined the Constitutional Litigation Unit (CLU), where he was also based, as…
10 Sep 2020 11AM 6 min

Israel-UAE trade will overtake deals with Egypt

The agreement between the United Arab Emirates and Israel to normalise their relations, described by some as a “peace” deal, seems to have hit a snag over weapons purchases. The UAE is keen to join the exclusive club of nations allowed to buy F-35 fighter jets; in exchange for allowing…
10 Sep 2020 11AM 5 min

Stubbornly high US job losses signal struggle with Covid-19 cases

Washington — Applications for US state unemployment benefits held steady last week, in a sign that extensive job losses are persisting as the US struggles to control the coronavirus. Initial jobless claims in regular state programmes were unchanged at 884,000 in the week ended September 5, labour department data showed…
10 Sep 2020 11AM 4 min

EU legislators shun Myanmar’s Suu Kyi

Brussels — Myanmar leader Aung San Suu Kyi will no longer be invited to events of the European Parliament’s human rights prize, which she won in 1990, EU legislators said on Thursday, a protest over accusations of genocide in her country. Suu Kyi, a former political prisoner of Myanmar’s then…
10 Sep 2020 10AM 1 min

This is how KwaZulu-Natal spent R2.1bn on Covid-19

Almost 40% of the R2.1bn spent by the KwaZulu-Natal provincial government on procuring personal protective equipment (PPE) and other goods and services as part of the response to Covid-19 was spent on African-owned companies. Premier Sihle Zikalala made these statistics available when he released a report on owners and directors…
10 Sep 2020 10AM 2 min

THE GUARDIAN: Trust in Johnson waning on move to remodel Brexit

Boris Johnson won the last election in part because he could say on what terms he would leave the EU and his opponents could not. He had an “oven-ready” deal. Yet the agreement Johnson secured with the EU was one his predecessor, Theresa May, had rejected because it split Northern…
10 Sep 2020 9AM 1 min

LETTER: DA takes rainbow out of the rainbow nation

The policy documents emerging from the DA are deeply impressive, all-encompassing and display an admirable application of intellectual minds within the party to generate a blueprint for economic growth and relative prosperity for SA. However, the party is more than a think-tank — it is a political establishment that should…
10 Sep 2020 9AM 1 min

LETTER: Time to beef up railway security

Transport minister Fikile Mbalula revealed this week that 142 railway stations do not have electricity due to theft and vandalism. In Gauteng, cables and transformers have been stolen. The DA has been calling on Metrorail for a long time to improve security in and around its stations. It is unacceptable…
10 Sep 2020 9AM 1 min

LETTER: Fear of TRESemmé and Unilever may be behind Clicks advert

TRESemmé has explained that the images in the advert published by Clicks were not in line with the values of its brand or that of Clicks, and it is looking into how it happened and why it wasn’t picked up, and will take all necessary steps to ensure it doesn’t…
10 Sep 2020 9AM 1 min

LETTER: The DA’s appeal is in its difference from the ANC

It was predictable that the new DA policy decisions would be met either by expressions of doubt or howls of outrage. Carol Paton’s views express the former, with a leap into a chasm of misunderstanding (“DA now a party for some, not all, as new policy endorses denialism (”, September…
10 Sep 2020 9AM 1 min

LETTER: BEE has patently failed, so let’s try another route

I always enjoy reading Carol Paton’s articles and columns and don’t often disagree with her take on things, but I must take issue with her most recent article (DA now a party for some, not all, as new race policy entrenches denialism (, September 8). As a retired MD of…
10 Sep 2020 9AM 1 min

LETTER: Banks must take some responsibility

I read with concern the article on banks, "Team Blue Wins, For Now" (Money & Investing, August 27-September 2) ( Two aspects stand out for me, and are seemingly overlooked or taken for granted. The first is the banks’ management of loans. Banks provide astronomical amounts of money to fund…
10 Sep 2020 9AM 1 min

LETTER: Create something good from cricket chaos

What a lovely column on the state of cricket according to the great bowler and sportsman Vince van der Bijl (“Players step into vacuum left by self-serving Cricket SA administrators (../columnists/2020-09-09-vince-van-der-bijl-players-step-into-vacuum-left-by-self-serving-cricket-sa-administrators/)”, September 9). Yes, cricket is a special case, and the advancement, running and administration must be left to cricketers…
10 Sep 2020 8AM 1 min
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