2,000 Covid-19 deaths; Tito's shake-up budget; Tsogo Sun rescues Marriott hotels; back-to-work for hairdressers

Loading player...
In today's news headlines:
* Almost 93,000 people in South Africa have tested positive for Covid-19 since the start of the pandemic;
* Finance Minister Tito Mboweni has told Parliamentarians that the Treasury plans to unveil “very serious and unusual changes” to its expenditure plans this week;
* Tsogo Sun has come to the rescue of thousands of jobs after Marriott announced it was closing three hotels;
* A bank set up by Brazil, Russia, India, China and South Africa has awarded $1bn (R17.5bn) worth of emergency loan assistance to South Africa; and
* Hairdressers, tattoo artists and nail technicians are some of the people who can officially get back to work, with the government gazetting the rules of business at the weekend. Learn more about your ad choices. Visit megaphone.fm/adchoices
21 Jun 2020 1PM English South Africa Investing · Business News

Other recent episodes

Jabulani Khumalo - Threats, a R14-m ransom & the battle for MKP….

In his latest interview with Chris Steyn, the real founder of MKP, Jabulani Khumalo, reveals threats to the actual directors of the “hijacked” party over a picket to distance themselves from the human trafficking of 19 men to Russia. “…our spokesperson… got a call…a threatening call…And also, the people on…
11 Jan 6AM 18 min

Magnus Heystek: Why SA’s middle class is quietly being crushed

South Africans are being told everything is fine. Magnus Heystek says it’s a dangerous illusion. In a wide-ranging conversation with Alec Hogg, the veteran investment strategist warns that falling GDP per capita, rising taxes, weak property returns and flawed retirement structures are steadily hollowing out the middle class. From Regulation…
9 Jan 6AM 41 min