SA has flattened Covid-19 curve - NDZ; tobacco, booze ban costs R14bn in tax - SARS; Dudu Myeni declared delinquent

Loading player...
In today's news headlines:
* As of Thursday, more than 25,500 people had tested positive for Covid-19 and more than 550 people had died of the disease. Dr Nkosazana Dlamini Zuma, Minister of Cooperative Governance and Traditional Affairs, said SA has managed to flatten the Covid-19 curve, but restrictions will remain in place until it has been sustained;
* Former president Jacob Zuma’s close friend Dudu Myeni was declared a delinquent director for life this week in a court case that should arm the National Prosecuting Authority to pursue a criminal conviction, says OUTA;
* Gauteng residents are being urged to limit water use. For the first time in a year, the Vaal Dam has dipped below the 50% mark;
* South Africa has lost between R14bn and R15bn in taxes in the past two months because of the ban on alcohol and cigarette sales during the lockdown, says the South African Revenue Service; and
* The Public Investment Corporation has appointed Abel Sithole as its chief executive officer, filling a post vacated 18 months ago by his predecessor over accusations of questionable investment decisions, says Bloomberg. Learn more about your ad choices. Visit megaphone.fm/adchoices
28 May 2020 12PM English South Africa Investing · Business News

Other recent episodes

Rory Steyn on who really runs South African sport

In two years, Comrades runners threw out a board accused of vote-buying and steering tenders to friends, and cut ties with the provincial and national athletics bodies to run their own race. Swimming South Africa had to wait for an integrity panel in Switzerland to act. Rory Steyn, Nelson Mandela's…
29 Sep 11AM 39 min

Criminals - NOT cops - patrol SA’s streets of fear… | Lisa Schickerling

In this interview Chris Steyn and Lisa Schickerling, the Democratic Alliance (DA) spokesperson on Police, talk about a country in the grip of fear in the wake of mass killings, multiple murders, crime increasing in areas where the SANDF have been deployed, and suspended Deputy National Commissioner of Police General…
28 Sep 9AM 21 min