BN Briefing: Roodt on SA's bloated public wages; MacKay on motor industry; Mideast crisis deepens

Tonight’s BizNews Briefing starts with Dawie Roodt’s warning that South Africa’s public-sector wage bill is crowding out growth. We then track a market update led by Standard Bank’s strong full-year result, softer numbers from Montauk Renewables and progress funding at Southern Palladium. Donald MacKay argues motorists are effectively paying for SA’s vehicle-industry subsidies through higher prices, before Bloomberg reports escalating Middle East risks after Oman evacuated a key oil terminal and tankers were hit in Iraqi waters.

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