Fresh R3.5bn SAA bailout; Moody's gives SA breathing space; Motsepe, Trump

Loading player...
In today's business news headlines:
* South African Airways’s business-rescue team said it’s been given access to R3.5bn from the state-owned Development Bank of Southern Africa to avert the airline’s collapse and has immediately taken R2bn;
* Credit ratings agency Moody's will give South Africa more time before reassessing its outlook on the country;
* Patrice Motsepe has apologised for being nice to US President Donald Trump, but warns that negativity towards the US could be hindering job creation in South Africa;
* Anglo American Platinum shareholders can look forward to fabulous financial results in February, thanks to the price of metals;
* Apple and other big tech giants listed on global stock markets are expecting their supply chains to take a knock as the coronavirus continues to spread in China, which manufactures much of the world's goods. Learn more about your ad choices. Visit megaphone.fm/adchoices
28 Jan 2020 12PM English South Africa Investing · Business News

Other recent episodes

Grant Abbott: Hope for Fort Hare after VC’s suspension

The suspension of Fort Hare Vice Chancellor Professor Sakhela Buhlungu has been hailed by Grant Abbott, the General Secretary of the National Tertiary Education Union. “He came in as a corruption buster, saying he's going to renew the institution and root out corruption. If anything, he's allowed the corruption to…
1 Apr 9AM 14 min