DA leader quits; Inflation down, SOEs fail audits; ABB flags Eskom payments, Putin eyes Africa; flights resume.
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In today's business headlines:
The DA leader Mmusi Maimane has quite the party saying the DA is no longer the party of his vision. Soon after the party's chairperson Athol Trollip also decided to pack it in. The party will meet today to discuss the way ahead.
South Africa’s core inflation rate fell to the lowest level since 2011 to 4.1% in September down from 4.3% in August, which could raise pressure on the central bank to cut its benchmark rate.
The auditor-general has revealed that irregular expenditure by national and provincial departments amounted to R61.3bn for the 2018/2019 financial year and that less than a quarter of departments and SOEs received clean audits.
Swiss company ABB the maker of robotics and power grids is being probed for suspect payments to Eskom.
Two of the world’s biggest military aircraft landed at Waterkloof Airbase in Tshwane yesterday afternoon as Russian leader Vladimir Putin woos African leaders and
South African Airways and Comair planes are back in the air after some have been grounded when the country’s safety regulator flagged maintenance problems.
The DA leader Mmusi Maimane has quite the party saying the DA is no longer the party of his vision. Soon after the party's chairperson Athol Trollip also decided to pack it in. The party will meet today to discuss the way ahead.
South Africa’s core inflation rate fell to the lowest level since 2011 to 4.1% in September down from 4.3% in August, which could raise pressure on the central bank to cut its benchmark rate.
The auditor-general has revealed that irregular expenditure by national and provincial departments amounted to R61.3bn for the 2018/2019 financial year and that less than a quarter of departments and SOEs received clean audits.
Swiss company ABB the maker of robotics and power grids is being probed for suspect payments to Eskom.
Two of the world’s biggest military aircraft landed at Waterkloof Airbase in Tshwane yesterday afternoon as Russian leader Vladimir Putin woos African leaders and
South African Airways and Comair planes are back in the air after some have been grounded when the country’s safety regulator flagged maintenance problems.
