Flash Briefing: Cyril’s pruned Executive excites Rand; Shell seeks SA oil; PIC gets Unioned; Naspers

Loading player...
In today's business headlines: 
Ramaphosa has announced a slimmed-down Cabinet, reflecting a clean-up but there are some political trade-offs;
The Rand gains following the announcement of the Cabinet;
Naspers says it is not abandoning South Africa as it plans to list in Amsterdam;
Royal Dutch Shell takes a second stake in South African hydrocarbon project; and 
Trade unionists are included for the first time on the PIC board. Learn more about your ad choices. Visit megaphone.fm/adchoices
29 May 2019 5PM English South Africa Investing · Business News

Other recent episodes

Ian Cameron - You lied blatantly, Mr President

In his latest interview with Chris Steyn, Ian Cameron, the chairperson of Parliament's Portfolio Committee on Police, has a very blunt response to President Cyril Ramaphosa's latest address to the nation in which he outlined measures to deal with gender-based violence: “The president lied”. One “blatant lie” was increased police…
30 Sep 10AM 20 min

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