SA job losses galore; IMF downgrades growth; new bank for SA; palladium

Loading player...
In today's business news headlines:
* As the South African economy continues to take strain, companies have warned of job losses. The IT sector and chrome businesses are among the latest to lay off people;
* The International Monetary Fund has adjusted its growth forecast for South Africa for 2020 and 2021 downwards;
* Goldman Sachs has received approval to launch a bank in SA;
* SAA is still flying, even though the government has missed its deadline to provide a fresh financial injection;
* As the world's elite gear up for their annual gathering in Davos, it has emerged that a special clean fuel for planes is being laid on to put paid to flight-shaming;
* It was an exciting ride for palladium investors at the start of the week. Learn more about your ad choices. Visit megaphone.fm/adchoices
20 Jan 2020 11AM 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