Eskom pushing SA over cliff edge; Jozi crime; Tesla tipped to shine, Boeing not; Home Delivery food fight

Loading player...
In today’s business headlines:
• Growing problems at South Africa’s state-owned enterprises are pushing major companies towards bankruptcy and subjecting the country to rolling blackouts that are choking growth, according to the Wall Street Journal;
• Shootings in Johannesburg left two people dead and 16 injured, marring the city’s New Year celebrations and highlighting a crime problem that’s one of the government’s biggest challenges;
• The Johannesburg Stock Exchange started the year on a strong footing with the All Share Index rising 1.11% and the Top 40 shares moved up by 1.22% but the Rand weakened;
• Tesla shares are tipped to shine this year, but there is doubt about Boeing’s numbers; and
• The competition for a piece of the South African food delivery pie is heating up with Uber Eats trying to get a share of the market by going local. Learn more about your ad choices. Visit megaphone.fm/adchoices
2 Jan 2020 12PM 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