[TOP STORY] VBS founding director hopeful that depositors will recoup some losses

Loading player...

‘What we expect is that at the end of the day, he will come back to the depositors and say, this is what I have collected, and then distribute it accordingly to the people who have lost money,’ says Madambi Muvhulawa, founding director of VBS Bank.

15 Jul 2024 8AM English South Africa Business News · Politics

Other recent episodes

[TOP STORY] South Africans are surprisingly happy with their life insurers

‘We looked at the traditional life insurance companies and the accompanying investment part of that,’ says Professor Adré Schreuder, University of Pretoria.

18 Jul 9AM 9 min

Some good news for Transnet on the manganese front

New research reveals South Africans are surprisingly satisfied with their life insurers. How hunting tourism is bringing big bucks to rural economies. And an employer’s failure to comply with employment laws renders a foreign national’s dismissal unlawful.

18 Jul 6AM 32 min

[TOP STORY] RAF dysfunction deepens as board is dismissed and claims spiral

‘We suspect that all the monies that are collected through the fuel levy are not being spent on the RAF as per the RAF Act,’ says Ngoako Mohlaloga, Association for the Protection of Road Accident Victims.

17 Jul 9AM 8 min

Can FlySafair find common ground with pilots to prevent strike?

A pilot strike looms as FlySafair’s 5.7% wage increase is rejected by the union. SA hotels and kitchens under pressure to operate leaner, greener, and smarter. And, the Road Accident Fund board has been dissolved, but is it too little, too late, or just in time?

17 Jul 6AM 31 min

[TOP STORY] Sahpra to halve medicine approval times to boost local manufacturing

‘It's certainly a start. There are a range of measures that the South African government needs to take in order to further industrialise the pharmaceutical sector and narrow the trade deficit,’ says Pharmisa chair, Dr Stavros Nicolaou.

16 Jul 9AM 8 min

All episodes