BBB Ep 27 - Bain gets real SA-related pain with 3 year UK ban; Markets fret as Pelosi teases China; 'Generation Moonshot' investors

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Bain and Co, the US consultancy which has been brazening out its destructive role in SA State Capture, has been banned from any UK government contracts for three years. The ban is the first concrete steps taken against the Boston-based firm and follows a campaign by SA-born former UK cabinet minister Lord Peter Hain. There has been no sanction of Bain in South Africa, where its business is booming, with the consultancy adding enough fresh Government and private sector contracts to have recently expanded into new offices. Also in this episode of the BizNews Breakfast Briefing, markets are fretting after US House Speaker Nancy Pelosi flew into Taiwan despite threats of retaliation from China. And our partners at the Financial Times share insights into 'Generation Moonshot' - the young investors keeping US stocks relatively buoyant. Learn more about your ad choices. Visit megaphone.fm/adchoices
3 Aug 2022 12AM English South Africa Investing · Business News

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