P.I.C. crisis worsens as more directors quit, Sasol's Q4 production is up, and the oil price rises as Yemen’s Iran-backed Houthis blockade the Red Sea.
22 Jul
English
South Africa
Marketing · Business News
Economy being choked by lack of private investment, Eskom pushing back at plans for a separate transmission company, and oil price rises following Iranian deal with Oman to re-open the Strait of Hormuz.
The Public Investment Corporation’s CEO is back on the job, the electricity sector gets big boost from China, and oil dips on the back of a possible peace deal in the mIddle East.
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