Flash Briefing: Tito goes after taxis for tax; Melinda divorced Bill after Epstein links were revealed; Harmony Gold

Loading player...
* Plans are afoot by the South African Revenue Services (SARS) to address tax avoidance in the country’s minibus taxi industry.
* South African miner Harmony Gold on Tuesday reported a jump in third-quarter core profit, boosted by higher output and a strong gold price, positioning the miner to pursue growth.
* The rand extended its rally on Tuesday. Its 30% gain against the dollar since the height of the pandemic has outstripped emerging-market peers.
* Senior employees at a unit of South Africa’s Public Investment Corp. have accused executives at the continent’s biggest fund manager of causing an “existential crisis” after a series of scandals over the past few years.
* Melinda Gates had discussions with lawyers in October 2019 around when the Microsoft co-founder’s ties to Jeffrey Epstein became public, reports the Wall Street Journal. Learn more about your ad choices. Visit megaphone.fm/adchoices
11 May 2021 10AM English South Africa Investing · Business News

Other recent episodes

Jock of the Bushveld returns: AI brings a South African classic back to life

Jock of the Bushveld, the classic story of how the runt of the litter became the trusted, gutsy companion of Sir Percy FitzPatrick during South Africa’s goldmining era, is one of the country’s most enduring stories. The book once outsold the Bible locally and was adapted into a feature film…
24 Apr 5AM 21 min

Alec Hogg assesses BNC#8: Clem Sunter's penny has finally dropped

Download and read the BNC#8 post-conference PDF here: https://bit.ly/4eB6uCi In a candid address to the Hermanus Rotary Club, BizNews editor Alec Hogg reflects on the key takeaways from BizNews Conference 8, unpacking South Africa’s economic stagnation, governance failures, and the growing realisation that “Pretoria will not provide.” Drawing on insights…
24 Apr 8AM 25 min