Covid cases up to 1,353; SA trade surplus; Naspers jumps; SA leads Africa in Covid-19 campaign; new Sanlam bosses

Loading player...
In today's news headlines:
* Covid-19 update: 1353 confirmed cases; total number of tests 39 ,000 says the Minister of Health;
* South Africa recorded its biggest trade surplus in 14 months in February as exports to Europe surged;
* Shares in Africa’s most-valuable company, Naspers, have advanced 11% since 2020 began, the best quarterly performance in a year, says Reuters;
* MTN will push on with a plan to reduce its majority stake in the wireless carrier’s Nigerian business, though turmoil caused by the coronavirus may require the sale to be done in smaller chunks than anticipated, that’s according to Bloomberg;
* Sanlam today announced that the Sanlam Board has approved new appointments in three of its most senior positions in the diversified financial services group;
* In other news making global headlines, South Africa will dispatch about 10,000 field workers to check up on people in their homes; and
* South Africa’s competition watchdog said it was investigating over 300 complaints against retailers and suppliers for charging excessive prices for essential products during the coronavirus outbreak, reports Bloomberg. Learn more about your ad choices. Visit megaphone.fm/adchoices
31 Mar 2020 11AM English South Africa Investing · Business News

Other recent episodes

BN Briefing: Farmers on their knees, the Fed under fire, and Gold flashing red

From a devastating foot-and-mouth outbreak crippling South African farmers to an explosive showdown between Donald Trump and the US Federal Reserve, today’s BizNews Briefing unpacks a world under pressure. David Shapiro questions where SA’s business titans have gone, while mining guru Peter Major delivers a chilling warning that gold may…
12 Jan 8AM 13 min

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