Court declares SA Covid-19 lockdown regulations 'invalid'; Nedbank, RMB named in forex scandal; Hammerson; Sasol

Loading player...
In today's news headlines:
* A South African court has ruled that lockdown regulations implemented by the government are invalid. This was announced late on Tuesday by Phumla Williams, a spokeswoman for the cabinet;
* Nedbank Group, FirstRand’s Rand Merchant Bank and Standard Bank Group’s Standard Americas have been added to the expanded scope of prosecution in a currency trading scandal;
* The Reserve Bank will not buy debt directly from the government, because it does not want to discourage the government from carefully managing its costs;
* Mediclinic reports losses linked Covid-19 containment; and
* Hammerson, Sasol, Telkom leap on the JSE. Learn more about your ad choices. Visit megaphone.fm/adchoices
2 Jun 2020 1PM English South Africa Investing · Business News

Other recent episodes

BNC#8 Mteto Nyati Q&A - Power, politics, and the fight to keep South Africa’s lights on

A candid, high-stakes conversation unpacks Eskom’s turnaround, leadership challenges, and South Africa’s energy future. From coal versus renewables to rising costs, corruption crackdowns, and global competitiveness, the discussion cuts through popular narratives and tough realities. With insights on policy, innovation, and national interest, it reveals how strategic decisions, not slogans,…
31 Mar 5AM 33 min

(Ret.) Col Chris Wyatt: Ramaphosa and Trump, fuel and war…

South Africa's foreign relations are under renewed pressure. At the same time, the country is being hit with the fall-out from the Iran war. In his latest interview with Chris Steyn, US intelligence analyst, retired Colonel Chris Wyatt dissects the rhetoric flying between Washington and South Africa over its exclusion…
30 Mar 3PM 16 min