58 murders a day; Record Steinhoff fine; 40% of borrowers default; Mining, Rand and Aspen surge; Sanlam for Rhinos; Spur click-and-collect

Loading player...
In today's business headlines:
The number of murders in South Africa has climbed to the highest level in a decade as an overburdened police force struggle to keep violent crime in check;
Steinhoff has been fined a record R53m by the financial regulator for failing to properly disclose accounting problems;
South Africa’s mining output increased for the first time in nine months in July as coal and iron ore production surged while the Rand rallied and resources and Aspen Pharmacare climbed on the JSE;
South Africa’s unsecured loan boom has left 40% of borrowers in default and millions of people in a debt trap; and
Sanlam Investments is creating a new asset management company, called Amplify that will help rhinos, while Spur is entering the click-and-collect market. Learn more about your ad choices. Visit megaphone.fm/adchoices
12 Sep 2019 2PM 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