Covid-19 parole for prisoners; Phumelela collapses; Zuma accuses CR of hanging him out to dry

Loading player...
In today's news headlines:
* Thousands of low-risk prisoners are to be granted parole to help curb the spread of the coronavirus in correctional facilities;
* African countries require a two-year debt standstill to provide governments with the fiscal space to fight the coronavirus pandemic, according to President Cyril Ramaphosa;
* Phumelela Gaming and Leisure on Friday joined a slew of distressed firms to file for business rescue as horse-racing industry players urged government to rethink Covid-19 shutdown measures;
* South Africa born global tech entrepreneur Elon Musk has threatened legal acton against California after it blocked Tesla from reopening its only US car plant, threatening to immediately relocate operations to other states and cease manufacturing at the factory; and
* Former president Jacob Zuma has slammed President Ramaphosa, accusing his successor of hanging him out to dry by forcing him to pay his own legal bills to fight corruption-related cases. Zuma denies getting rich while he was president. Learn more about your ad choices. Visit megaphone.fm/adchoices
10 May 2020 11AM 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