CR self-isolates; SAA to fly again, on taxpayers' backs; stock markets tumble around world

Loading player...
* President Cyril Ramaphosa has begun a period of self-quarantine following the positive Covid-19 diagnosis of a guest at a charity dinner he attended.
* South Africa is to spend at least R17bn more on its failed national carrier SAA.
* Stocks tumbled in the US and Europe as rising coronavirus infections and tougher lockdowns added to worries about the economic hit from the pandemic.
* South Africa’s main stock index plunged the most in seven months Wednesday after Finance Minister Tito Mboweni’s budget update Learn more about your ad choices. Visit megaphone.fm/adchoices
28 Oct 2020 1PM English South Africa Investing · Business News

Other recent episodes

The BizNews Edge: Nedbank, Grindrod and the coal stock no one was watching

Nedbank confirmed its guidance this morning, and its East Africa deal is weeks from closing - a transformation most investors are still underpricing. Grindrod's Port of Maputo posted extraordinary volumes, but the share may already be priced for perfection. A small coal miner no one follows just disclosed an 1,800%…
24 Jun 8AM 26 min