Flash Briefing: Markets 'confused' after cabinet; Omnia shares tumble; Ayo, PIC legal battle; Auntie Pat

Loading player...
In today's business headlines:
Investors react favourably to Ramaphosa's cabinet but the US-China trade war dampens sentiment;
Shares tumble in Chemical and fertiliser company Omnia Holdings after it announced  a rights offer of R2bn to cut debt;
Ayo Technology Solutions and the PIC are suing each other;
Africa is working towards the world’s largest free-trade zone, but it may take years;
Auntie Patricia de Lille steals the show at the inauguration of the new cabinet. Learn more about your ad choices. Visit megaphone.fm/adchoices
30 May 2019 3PM English South Africa Investing · Business News

Other recent episodes

BNC#8; John Endres Q&A - Jobs, politics and the investment freeze no one wants to admit

South Africa’s future hinges on one simple truth: jobs come from growth, and growth comes from political choices. This sharp discussion unpacks how policy, ideology, and global alignment are choking investment and costing livelihoods. Inside the ANC, paralysis, fear, and patronage block reform - despite clear evidence of what works…
10 Apr 9AM 32 min

Roy Tilley: The municipal "Rates Randage Monster" strangling South Africa's property owners

Durban businessman Roy Tilley says a deeply flawed municipal rates formula is pushing property owners and small businesses toward a financial breaking point. In this interview, the Queensmead industrial property owner explains why he believes ever-rising rates are becoming impossible to absorb, hurting tenants, jobs and investment, and argues that…
10 Apr 9AM 20 min

BNC#8: Magnus Heystek Q&A - The brutal truth about South Africa’s financial future

A sharp, no-holds-barred conversation on South Africa’s financial reality - rising offshore limits, shrinking property values, and the struggle for economic revival. From Johannesburg’s decline to gold’s surge, and investor psychology to policy failures, this discussion cuts through the noise. It’s a candid look at risk, resilience, and the tough…
10 Apr 6AM 34 min