The Public Investment Corporation is backing a possible bid led by the former CEO of Telkom for a 35% stake in the mobile phone company, Eskom's next CEO could be a woman, and Rhamaposa transfers the task of new electricity generation.
Telkom shares plummet, Ninety One chief executive Hendrik du Toit speaks out on his company's falling share price warning that South Africa needs to deal with its "economic emergency" or face the financial consequences.
The finance minister addresses the accusation that SA sold arms to Russia, is the Takatso Consortium deal with SAA up in the air? and Public Enterprises Minister Pravin Gordhan to appear before the Standing Committee on Public Accounts today.
The rand has dropped to a three-year low, which paves the way for another interest rate hike, and WeBuyCars owner Transaction Capital down by almost 30 %.
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