Flash Briefing: Greedy Eskom staff demand 15% pay hikes; B4SA roll out vaccines; jail for tax errors; expect US boom

Loading player...
* #Eskom workers are seeking 15% wage increases, even though the utility is struggling to pay its bills and repay debt of about R465bn - and inflation is at a much more modest 3%.
* As the government fails to roll out #COVID vaccinations en masse, South Africa’s biggest business grouping has said it will help develop private industry’s capacity to administer 160,000 coronavirus vaccinations a day.
* A new set of tax law amendments make it possible for the South African Revenue Service to impose criminal sanctions on taxpayers who neglect their tax affairs, reports MyBroadband.co.za.
* The global economy is showing signs of recovery after a year of business shut downs, with forecasts of a two-year US boom. Learn more about your ad choices. Visit megaphone.fm/adchoices
16 Apr 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