Covid-19 cases rise ever faster in SA; R3.3bn blow for Discovery shareholders; Zimbabwe inflation hits 786%

Loading player...
In today's news headlines:
* The number of Covid-19 related deaths in South Africa is heading towards 1,600 and, says BizNews contributer Douglas Parker, the growth in the total number of cases, which is heading towards 74,000, shows no sign of slowing;
* Discovery shares fell after it said it was setting aside R3.3bn for potential policy claims and lapses;
* Six African countries are among the world's best economic performers in 2020; and
* A notable exception to Africa’s success stories is Zimbabwe, with its government reporting an annual inflation rate of a whopping 785.55% in May. Learn more about your ad choices. Visit megaphone.fm/adchoices
16 Jun 2020 12PM 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