Flash Briefing: Nearly 50% of businesses rejected for R200bn relief; Moderna shot for SA; airline price war; Zuma

Loading player...
* The Banking Association of South Africa said in a statement on Wednesday that, at the current rate, only R18.9 billion rand - or about 10% - of the R200bn available to help businesses recover from Covid-19 will be allocated.
* Moderna has offered to supply its coronavirus vaccine to South Africa, in what would be its first deal to sell shots to an African nation, says Bloomberg.
* Airlines have slashed flight prices on the back of low demand in South Africa.
* A South African judicial panel said it will lay a criminal complaint against former President Jacob Zuma over his failure to appear before an inquiry into state corruption during his rule.
* The big story on US stock markets was move by Jeff Bezos from chief executive of Amazon. to executive chairman.
* Distell was among the top performers on the JSE on the back of good revenue outside SA. Learn more about your ad choices. Visit megaphone.fm/adchoices
3 Feb 2021 11AM English South Africa Investing · Business News

Other recent episodes

Members Only: FT Unhedged – Energy crisis deepens as supply shocks ripple globally

In this fully licensed episode of the Financial Times’ Unhedged podcast, Katie Martin and energy editor Malcolm Moore unpack the escalating global energy crisis triggered by disruption in the Strait of Hormuz. With millions of barrels of oil effectively trapped and supply chains under strain, the impact is already being…
7 Apr 12PM 19 min

Ivor Chipkin: GNU outlaws cadré deployment

President Cyril Ramaphosa's assent to the Public Service Amendment Bill has been hailed as the most significant reform since 1996. In this interview with Chris Steyn, Ivor Chipkin, the Director of New South Institute (NSI), says “we've got now in law a distinction between political office and administrative office…Our politicians,…
7 Apr 9AM 21 min

From Ceres to New York: Adriaan Wildschutt sets a blistering pace

Adriaan Wildschutt came so close to an Olympic medal in Paris, delivering the country’s strongest performance at the 2024 Games. With no track world championships on the calendar this year, Wildschutt shifted his focus to the roads and stormed to victory at the New York City Half Marathon in a…
2 Apr 9AM 14 min