IMF not needed; Lefties shackle Cyril; Goldfields, Implats back in black; Discovery recovery; Petrol price hike

Loading player...
In today's business headlines:
The IMF says South Africa does not need a loan, but it needs structural reforms to boost growth;
Bloomberg says President Cyril Ramaphosa's left wing allies is hampering economic reforms;
Gold Fields has returned to a first-half profit of $70.5m in June but its headline earnings per share fell, while Implats swung to its first net profit in five years;
Discovery shares claw back;
Weaker rand could lead to 10 cent hike in the petrol price in September; and 
Government departments owe service providers R600m. Learn more about your ad choices. Visit megaphone.fm/adchoices
15 Aug 2019 2PM 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