Flash Briefing: Sanral spends billions to recover e-tolls motorists won't pay; Gold Fields big solar project; Eskom

Loading player...
* The South African National Roads Agency, Sanral, has spent an estimated R5.3 billion on trying to recover e-tolls from motorists who are unwilling and unlikely to pay, reports MyBroadband.co.za.
* Cash-strapped power utility Eskom declared a dispute with three unions on Wednesday after wage talks reached an impasse.
* Gold Fields’ plans to build a solar power plant at its South Deep gold mine southwest of Johannesburg will reduce exposure to national utility Eskom, improve reliability and lower costs, Martin Preece, executive vice president for South Africa, told The Africa Report.
* Shoprite Holdings, Africa’s largest food retailer, has sold its Nigerian operations to local investors 16 years after it opened its first outlet in the continent’s most populous country. Learn more about your ad choices. Visit megaphone.fm/adchoices
2 Jun 2021 11AM English South Africa Investing · Business News

Other recent episodes

Helen Zille: “Johannesburg is on the brink of collapse” — Inside her plan to save SA’s biggest city

Helen Zille says Johannesburg’s crisis is far worse than she imagined, warning the city faces financial collapse, crumbling infrastructure, and coalition chaos. In this wide-ranging interview, she outlines her plan to restore water, electricity, roads, and investor confidence while exposing deep governance failures, corruption, and “last lap looting” inside the…
22 May 2AM 33 min

BN Daybreak - Fri 22 May 2026: Zille slams Joburg budget; Roodt on Crypto; Hoatson urges pushback; and Gupta delays

In today's BizNews Daybreak, we cover the latest business and political updates. On the international front, US-Iran tensions escalate over Strait of Hormuz tolls, while SpaceX scrubs its 12th Starship test mission. Locally, Helen Zille warns of Johannesburg’s collapsing municipal budget and failing infrastructure, economist Dawie Roodt discusses Treasury's futile…
21 May 11PM 15 min

Jacques Broodryk - AfriForum goes after the elusive Guptas…

AfriForum has asked the National Director of Public Prosecutions, Advocate Andy Mothibi, for an urgent update on the much delayed extradition of the Guptas who allegedly benefited from State Capture to the tune of between R50 and R70 billion. In this interview with Chris Steyn, Jacques Broodryk, AfriForum’s Chief Spokesperson:…
21 May 5AM 9 min