Flash Briefing: SABC faces blackout; SAA pilots strike-ready; JSE probes Deloitte, Sygnia; Has Musk dumped Twitter?

Loading player...
In today's Biznews Flash Briefing:
The South African Broadcasting Corporation is in serious trouble and faces a blackout. The financial position of the SABC has been worsening as it awaits a decision on its application for a R3.2bn financial support from the government.
At SAA, another state-owned entity that has sucked up billions of taxpayers’ money, pilots are threatening to strike over what they believe is a poor choice of CEO.
The Johannesburg Stock Exchange has waded into the divorce between accounting firm Deloitte and financial services group Sygnia.
Tesla CEO Elon Musk claims to have “just deleted” his Twitter account. He made his statement in a tweet, but the account still appeared to be active after the post.
On the currency markets, at the end of the public holiday the Rand was trading at about R14.78 to the US dollar, about R18.57 to the British pound and about R16.60 to the Euro. Learn more about your ad choices. Visit megaphone.fm/adchoices
17 Jun 2019 2PM English South Africa Investing · Business News

Other recent episodes

Wayne Sussman - The 2026 battles facing SA’s political parties - and leaders

In this latest edition of the Electoral Roadshow with Chris Steyn, Analyst Supremo Wayne Sussman reviews the most important political trends that emerged from last year’s by-election results, and previews the electoral battles still ahead in 2026. He also examines the political futures of Democratic Alliance (DA) leader John Steenhuisen…
14 Jan 6AM 17 min

Prof Theo Venter - 2026: Trump, the ANC, the GNU, AfriForum and Solidarity…

In his latest interview with Chris Steyn, Political and Policy Specialist, Professor Theo Venter, urges South Africa to “get off the hobby horse of following the ANC foreign policy…because we are swimming stream up…we’ve got a difficulty reading the room temperature globally, where we fit in.” He says recent world…
14 Jan 4AM 27 min