Edcon has been teetering for a while, but the Covid-19 lockdown may very well be the coup de grace which deems the company defunct. Mr Price has delayed the release of its reports during the lockdown, and there are murmurs that bonuses and raises for their executive staff may be frozen until further notice. Moody's has finally dropped the hammer and South Africa is now officially at junk status. How will this affect South Africa, from the Reserve Bank to the citizen who is paying a bond and school fees? Will Covid-19 be harder to recover from than the market crash of 2008?
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Cryptocurrency… invest here, there and everywhere… or do we have to just start going back to keeping our cash underneath the mattress? Where does the future of money lie? In these times of uncertainty and volatility, perhaps this is a conversation that will shed some light in helping you answer that question. Gareth chats to Troy Gold's Dane Viljoen, Luno's Marius Reitz, and World Wide Worx's Arthur Goldstuck about the future of money.
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27.03.20 Pt 1 - Day one of #Lockdown2020 and we have the Mol cat report, live from Leigh-Ann's feeding room. What would you do in a real purge? Is drug dealing an honourable side hustle? If you are a lawyer, how do you know if a case is urgent... like get a judge out of the bath during Covid-19 urgent? Prince Charles has the coronavirus, let's be honest Prince William is getting his skull circumference measured as we speak. And what does that actress Markle think about all this?
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Ivo Vegter tells us why he left the Daily Maverick. As we move into Day 1 of #Lockdown2020 in South Africa, where should we be looking for threats of violence to pop up? The sharp end of capitalism will have brutal effects on the economy at macro and micro levels, what lessons can we learn from the Covid-19 period about the state of our economic structures? Globalisation has its pros and its cons - will China be able to recover its place as the production hub of the world post Covid-19? Brought to you by Nando’s.
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23.03.20 Pt 1 - The thing about under-reacting in Covid-19 times is that the downside is death, and that doesn’t sound fun. Having said this, should you become friends with anyone in your complex, because what happens when you get healthy? How should you handle being stuck at a wedding with no alcohol? If someone coughs in the grocery store in the same aisle as you, maybe it’s worth staying at home forever more. And does a big forehead mean you are just cooler?
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Cyril, Consistency & China
The notion that big business is the backbone of an economy might need some re-examining. Surely some sectors of the economy could be opened up? How and why does short-sighted decision making at Eskom cripple small business? Consistency in the messages being communicated by the government is vital for national confidence, how does Cyril's government score on this metric? As we attempt to deal with the economic reverberations of global economic shutdowns, which country is poised to become the new global supply chain and production hub? Is imagination important when you govern, or is it just a policy pen pushers game? Our special guest this week is Khaya Sithole. Brought to you by Nando’s.
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