Another govt bailout to fuel SAA; Covid-19 schools bungle apology; Sasol; CR congratulates Musk for SpaceX success

Loading player...
In today's news headlines:
* SA taxpayers are to stump up billions of rands to fuel the draft rescue plan for South African Airways;
* Department of Basic Education Minister Angie Motshekga has apologised for delaying her address to the public, as well as her late postponement of the return to schools of students from 1 June until 8 June;
* South Africa's stock market rally may soon fizzle, say stock market analysts;
* President Cyril Ramaphosa has congratulated global tech entrepreneur Elon Musk - born in South Africa and who still holds South African citizenship along with passports for the US and Canada - for his company's historic commercial flight to the international space station; and
* Sasol was among the best performers on the Johannesburg stock exchange on Monday, gaining about 12%. Learn more about your ad choices. Visit megaphone.fm/adchoices
1 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