Covid-19 parole for prisoners; Phumelela collapses; Zuma accuses CR of hanging him out to dry

Loading player...
In today's news headlines:
* Thousands of low-risk prisoners are to be granted parole to help curb the spread of the coronavirus in correctional facilities;
* African countries require a two-year debt standstill to provide governments with the fiscal space to fight the coronavirus pandemic, according to President Cyril Ramaphosa;
* Phumelela Gaming and Leisure on Friday joined a slew of distressed firms to file for business rescue as horse-racing industry players urged government to rethink Covid-19 shutdown measures;
* South Africa born global tech entrepreneur Elon Musk has threatened legal acton against California after it blocked Tesla from reopening its only US car plant, threatening to immediately relocate operations to other states and cease manufacturing at the factory; and
* Former president Jacob Zuma has slammed President Ramaphosa, accusing his successor of hanging him out to dry by forcing him to pay his own legal bills to fight corruption-related cases. Zuma denies getting rich while he was president. Learn more about your ad choices. Visit megaphone.fm/adchoices
10 May 2020 11AM English South Africa Investing · Business News

Other recent episodes

BN Daybreak Fri 16 Jan: Trump’s Nobel “Medal”; Farmers boo Steenhuisen; ASML jumps

In this episode of BizNews Daybreak, Alec Hogg covers the intersection of high-stakes global politics and critical local challenges: Trump’s Nobel Moment: Venezuelan opposition leader Maria Corina Machado presents her Nobel Peace Prize medal to Donald Trump at the White House, calling him the “heir to Washington”. US-Taiwan Trade Deal:…
15 Jan 11PM 18 min

BN Daybreak Thurs 15 Jan: Abedian on SA Silence about “21st Century Nazis”; Mining Indaba's back story; Sasol Surges

In this morning's briefing, Alec Hogg unpacks a volatile geopolitical landscape where conflicting reports emerge from Iran—Donald Trump claims de-escalation while internal memos suggest mass casualties. We speak to Iranian-born and bred entrepreneur and former UCT Economics Prof Iraj Abedian, who delivers a scathing critique of the South African government's…
14 Jan 11PM 17 min

BN Briefing: Leaked Iran death toll, US-SA relations, and Equities vs Gold

In this BizNews Briefing, Dr. Iraj Abedian reveals leaked reports of 12,000 deaths in Iran, questioning the South African government’s silence. The Hudson Institute's Josh Meservey analyses Pretoria’s alignment with American adversaries. Plus, David Shapiro discusses the "survival mode" of South African business, and Peter Major explains why equities historically…
14 Jan 5AM 13 min