SA has flattened Covid-19 curve - NDZ; tobacco, booze ban costs R14bn in tax - SARS; Dudu Myeni declared delinquent

Loading player...
In today's news headlines:
* As of Thursday, more than 25,500 people had tested positive for Covid-19 and more than 550 people had died of the disease. Dr Nkosazana Dlamini Zuma, Minister of Cooperative Governance and Traditional Affairs, said SA has managed to flatten the Covid-19 curve, but restrictions will remain in place until it has been sustained;
* Former president Jacob Zuma’s close friend Dudu Myeni was declared a delinquent director for life this week in a court case that should arm the National Prosecuting Authority to pursue a criminal conviction, says OUTA;
* Gauteng residents are being urged to limit water use. For the first time in a year, the Vaal Dam has dipped below the 50% mark;
* South Africa has lost between R14bn and R15bn in taxes in the past two months because of the ban on alcohol and cigarette sales during the lockdown, says the South African Revenue Service; and
* The Public Investment Corporation has appointed Abel Sithole as its chief executive officer, filling a post vacated 18 months ago by his predecessor over accusations of questionable investment decisions, says Bloomberg. Learn more about your ad choices. Visit megaphone.fm/adchoices
28 May 2020 12PM 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