Steinhoff hits 87c; Shoprite falls; Gwede on Eskom, Unions; IMF scare to spur action; Copyright Bill backlash

Loading player...
In today's business headlines:
Steinhoff shares fall to an all time low of R0.87 a share on the JSE;
Shoprite shares dropped by more than 9% after losses in the rest of Africa leads to a full year trading loss of R265m;
Energy Minister Gwede Mantashe says he sees unions backing Eskom’s rescue plan;
The IMF scare may jolt the Government into action to come up with a proper turnaround plan; and  
Global film and television companies have asked President Cyril Ramaphosa not to sign the Copyright Bill. Learn more about your ad choices. Visit megaphone.fm/adchoices
20 Aug 2019 2PM 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