Flash Briefing: SA home of world's biggest black market; vaccine hesitancy despite fast pace of covid deaths; Zuma

Loading player...
News headlines:
*A SHOCKING new report shows a tsunami of illegal tobacco is flooding South Africa as a result of authorities’ failure to act on damning evidence of the world’s biggest black market.
*Steinhoff International, which is still grappling with the consequences of an accounting scandal that wiped out R200bn in shareholder value, says Dublin-based Hamilton has withdrawn an appeal relating to voting procedure in its proposed settlement plan.
*One of the world’s fastest pace of deaths from Covid-19 infections hasn’t been able to trounce widespread hesitancy over vaccines in South Africa.
*South African police plan to arrest former President Jacob Zuma by midnight on Wednesday in the absence of any further instruction from the Constitutional Court, Police Ministry spokeswoman Lirandzu Themba said. Learn more about your ad choices. Visit megaphone.fm/adchoices
7 Jul 2021 11AM English South Africa Investing · Business News

Other recent episodes

BN Daybreak - Thu 21 May 2026: Nvidia; SpaceX; Anthropic; Fed Hikes; Oil Shock; SA Infrastructure; Hartley on BRICS

In today's BizNews Daybreak, Nvidia delivers an upbeat sales forecast and multi-billion-dollar buyback plan, while SpaceX prepares for the world’s largest ever IPO. Meanwhile, Anthropic reports surging Claude revenue, and Fed minutes signal potential interest rate hikes. In global affairs, Middle East tensions cause oil market volatility, raising economic risks…
20 May 11PM 12 min

George Glynos - The Rand's Reckoning

The South African rand looks resilient - but George Glynos warns that appearances are dangerously deceiving. In this interview with Irakli, ETM Analytics Co-Founder and Head of Research lays out exactly why the risks are building asymmetrically against the rand - and why complacency could prove costly. On the scale…
20 May 10AM 11 min

Accretiv doubles down on US industrial property | Webinar

Martin Freeman and Justin Clarke unpack why US industrial real estate — particularly “shallow bay” facilities linked to manufacturing and logistics — is emerging as a standout opportunity. They discuss the impact of AI-driven data centre investment, America’s onshoring push, interest rate dynamics, and Accretiv’s latest Alabama acquisition tied to…
20 May 10AM 42 min

Ray Hartley - BRICS loses its clout

BRICS is suffering an identity crisis — and its foreign ministers' gathering in New Delhi has done nothing to resolve it. In this interview with Irakli, Platform for African Democrats custodian Ray Hartley asks the defining question: "What is the point of BRICS?" He warns that the bloc has become…
20 May 8AM 7 min

SA businesses battered by infrastructure instability - Muhammad Ali

Infrastructure failure has become a core business risk in South Africa. In this interview with Chris Steyn, international ISO standards and systems implementation specialist Muhammad Ali warns: “...infrastructure is not just decaying, it's going down the drain to its limit’. He notes that while systems and standards exist, “it's just…
20 May 5AM 14 min