SAA crashes: blame ANC graft, says O'Sullivan; Covid-19 - 7 more SA deaths, global toll 2m, another Netcare shuts

Loading player...
In today's news headlines:
* The new coronavirus marked another grim milestone with the number of people infected with Covid-19 reaching 2 million worldwide, and just over 2,500 in SA;
* Another seven deaths have been reported, mostly in KwaZulu-Natal where a second Netcare facility has been shut following a Covid-19 outbreak;
* SAA looks like it will be grounded forever, with politicians noting that the Covid-19 pandemic has added financial strain. But Forensics for Justice founder Paul O'Sullivan reminds us that the real reason for the crooked mess at SAA is ANC corruption. He goes as far as suggesting that Minister of Public Finances Pravin Gordhan should face the music for state capture along with former President Jacob Zuma and others;
* Petrol prices are plunging, which is a small bonus if you have to use your car to get out and about for essential items; and
* MTN bosses have clubbed together to help staff members in trouble, sharing about one-third of their salaries. This follows moves by FirstRand and Absa bosses to bolster President Cyril Ramaphosa's funds to fight Covid-19. Learn more about your ad choices. Visit megaphone.fm/adchoices
15 Apr 2020 1PM 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