Bank strike blocked; Job growth flat; Truworths lifeline; PIC eyes fibre company; Settle with Moyo; Eskom’s 3 CEO candidates
Loading player...
In today's business headlines:
South African bank workers were blocked from participating in what would have been the industry’s biggest strike in almost a century as labour unions protest against job losses;
Formal job growth remained flat while net jobs decreased by 2,000 in the second quarter of the year according to Statistics South Africa;
Truworths has managed to restructure its UK Debt after Standard Bank provided a £32.5bn facility to refinance its footwear retailing business, Office;
The Public Investment Corporation is poised to take a stake in Liquid Telecom if Africa’s biggest fibre company goes ahead with a planned initial public offering;
An Old Mutual shareholder has urged the South African insurer to end its dispute with Chief Executive Officer Peter Moyo, even if it means settling out of court; and
Three candidates have been shortlisted for the job of CEO at Eskom.
South African bank workers were blocked from participating in what would have been the industry’s biggest strike in almost a century as labour unions protest against job losses;
Formal job growth remained flat while net jobs decreased by 2,000 in the second quarter of the year according to Statistics South Africa;
Truworths has managed to restructure its UK Debt after Standard Bank provided a £32.5bn facility to refinance its footwear retailing business, Office;
The Public Investment Corporation is poised to take a stake in Liquid Telecom if Africa’s biggest fibre company goes ahead with a planned initial public offering;
An Old Mutual shareholder has urged the South African insurer to end its dispute with Chief Executive Officer Peter Moyo, even if it means settling out of court; and
Three candidates have been shortlisted for the job of CEO at Eskom.
