BizNews BizNews Radio

Tongaat Hulett CEO Gavin Hudson is hopeful on Barloworld's bitter blow to R5.35bn deal

Loading player...
Gavin Hudson, the Chief Executive of Tongaat Hulett, discusses the recent ‘standstill’ of the transaction between Tongaat Hulett and Barloworld due to the latter’s call of a material adverse change (MAC) event for the full year due to Covid-19. Hudson expresses his disbelief that such a MAC event is present while remaining positive that, whichever way the deal goes, Tongaat Hulett will continue. - Nadya Swart Learn more about your ad choices. Visit megaphone.fm/adchoices
14 May 2020 6AM English South Africa Investing · Business News

Other recent episodes

Boardroom Talk: What to make of yesterday's massive market surge

In this Members Only episode of Boardroom Talk, Alec Hogg unpacks one of the most dramatic 24-hour market reversals in years. After weeks of geopolitical tension driven by the Iran conflict and soaring oil prices, a surprise ceasefire triggered a powerful global rebound — with the JSE leading emerging markets…
9 Apr 11AM 15 min

BNC#8: Anthony Ginsberg Q&A - Inside the $1 trillion deal, US tensions and urgent call to act

Sitting down with Alec Hogg, Anthony Ginsberg discusses South Africa’s economic future, global positioning, and urgent need for pragmatic leadership. From strained US relations and missed trade opportunities to AI disruption and investment potential, the discussion highlights both risk and opportunity. With billions in foreign capital waiting, the message is…
9 Apr 8AM 40 min

BNC#8: Iraj Abedian Q&A - Global power games, SA silence and a chilling warning the world can’t ignore

A gripping, no-holds-barred discussion unpacking global power plays, Iran’s ideological conflict, and the ripple effects on South Africa’s fragile political landscape. From Trump-era strategy to ANC silence, it exposes how influence, religion, and realpolitik collide with devastating human consequences. With firsthand insight into communication blackouts and life under bombardment, the…
9 Apr 5AM 14 min
All episodes