SA job losses galore; IMF downgrades growth; new bank for SA; palladium

Loading player...
In today's business news headlines:
* As the South African economy continues to take strain, companies have warned of job losses. The IT sector and chrome businesses are among the latest to lay off people;
* The International Monetary Fund has adjusted its growth forecast for South Africa for 2020 and 2021 downwards;
* Goldman Sachs has received approval to launch a bank in SA;
* SAA is still flying, even though the government has missed its deadline to provide a fresh financial injection;
* As the world's elite gear up for their annual gathering in Davos, it has emerged that a special clean fuel for planes is being laid on to put paid to flight-shaming;
* It was an exciting ride for palladium investors at the start of the week. Learn more about your ad choices. Visit megaphone.fm/adchoices
20 Jan 2020 11AM English South Africa Investing · Business News

Other recent episodes

BN Briefing: FMD hits SA farms, US Tariffs on Iran trade partners, and the Gold bubble scare

In tonights BizNews Briefing, consultant farmer Emma Niland details the "catastrophic" Foot and Mouth Disease outbreak ravaging South African livestock, comparing the devastation to a war zone and criticizing the government’s restricted vaccine response. Former US Ambassador William Roebuck weighs in on President Trump’s 25% tariff squeeze on Iran and…
13 Jan 5AM 14 min

Boardroom Talk: Davos 2026 - The Trump Show, but also a BRICS Ghost Town

In this episode of Boardroom Talk, Alec Hogg dissects the guest list for the 56th World Economic Forum in Davos—and finds a gathering that looks less like a global village and more like a victory lap for the new Western order. The “Trump” Factor: How the return of Donald Trump,…
13 Jan 10AM 8 min