Investors ditch SA assets; Mabuza's two Eskom hats; Rupert emigration chatter grows; Brexit weighs on pound

Loading player...
Foreigners are ditching South African assets at the fastest pace on record as concern mounts that the government will lose its last investment-grade rating.
Eskom’s over-worked chairman Jabu Mabuza has just had an extra role added to his job description - acting chief executive of troubled power utility Eskom.
Solidarity union is pushing the National Prosecuting Authority to pursue fraud charges against Brian Molefe, the former CEO of Eskom who played a central role in state capture along with the Gupta and Zuma families.
News that Johann Rupert, one of South Africa’s richest men, is contemplating emigrating has got South Africans buzzing on social media.
Currencies: Dollar/Rand R14.18 Pound/Rand R17.33 Euro/Rand R15.79. Learn more about your ad choices. Visit megaphone.fm/adchoices
29 Jul 2019 3PM English South Africa Investing · Business News

Other recent episodes

Helen Zille: “Johannesburg is on the brink of collapse” — Inside her plan to save SA’s biggest city

Helen Zille says Johannesburg’s crisis is far worse than she imagined, warning the city faces financial collapse, crumbling infrastructure, and coalition chaos. In this wide-ranging interview, she outlines her plan to restore water, electricity, roads, and investor confidence while exposing deep governance failures, corruption, and “last lap looting” inside the…
22 May 2AM 33 min

BN Daybreak - Fri 22 May 2026: Zille slams Joburg budget; Roodt on Crypto; Hoatson urges pushback; and Gupta delays

In today's BizNews Daybreak, we cover the latest business and political updates. On the international front, US-Iran tensions escalate over Strait of Hormuz tolls, while SpaceX scrubs its 12th Starship test mission. Locally, Helen Zille warns of Johannesburg’s collapsing municipal budget and failing infrastructure, economist Dawie Roodt discusses Treasury's futile…
21 May 11PM 15 min

Jacques Broodryk - AfriForum goes after the elusive Guptas…

AfriForum has asked the National Director of Public Prosecutions, Advocate Andy Mothibi, for an urgent update on the much delayed extradition of the Guptas who allegedly benefited from State Capture to the tune of between R50 and R70 billion. In this interview with Chris Steyn, Jacques Broodryk, AfriForum’s Chief Spokesperson:…
21 May 5AM 9 min