PIC dismissal Ayo-linked; Tesla surprise; Clicks growth; VW Uitenhage off-grid; SA business ease slips; Don’t mention Harvard

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In today's business news headlines:
The Public Investment Corporation has dismissed a portfolio manager linked to the R4.3bn investment in Ayo Technology Solutions.
Tesla gained as much as 20% after it posted its first quarterly profit in almost a year.
The Clicks Group reported a 16.8% rise in full-year earnings despite the squeeze on households with higher fuel and electricity prices.
Volkswagen SA plans to take its Uitenhage manufacturing plant off the national electricity grid by building a biogas plant that will create 1,000 jobs.
South Africa has slipped two places in the World Bank’s rankings for ease of doing business.
The Economic Freedom Fighters have questioned Harvard academics‘ motives that contributed to Finance Minister Tito Mboweni’s turnaround plan for the economy. Learn more about your ad choices. Visit megaphone.fm/adchoices
24 Oct 2019 1PM English South Africa Investing · Business News

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