Watsons charge Agrizzi for theft; Strike could end SAA; Job losses at SAPO; Tencent pulls down Naspers; Kolisi effect boosts Spar

Biznews Radio

English - November 13, 2019 17:46 - 4 minutes - 4.06 MB
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Previous Episode: Independent Media liquidation looms; unions battle SAA, govt over job cuts; world's richest move into cash

Next Episode: 'Indefinite' SAA strike; Mining surprises topside; SA hedge fund landscape changes; Pepkor, Sappi

In today's business headlines:

Jared Watson, the nephew of former Bosasa CEO, Gavin Watson has laid a criminal complaint against whistle blower Angelo Agrizzi for the theft of R35m.
South African Airways warn that there may be no recovery if the "mother of all strikes" goes ahead.
The Post Office is another state-owned company that has detailed plans to lay off workers as the government looks to slash its wage bill.
Naspers shares were pulled down by quarterly Tencent earnings that missed the lower analyst's estimates; and
South Africa’s rugby win has given a boost to the country’s supermarkets. That is according to Spar CEO Graham O' Connor.