Eskom PIC rescue; Rand rebound; Woolies improved outlook; SAA chair flies off; Q2 recovery?
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In today's business headlines:
A proposal by the PIC has become a rescue option for embattled Eskom;
The Rand strengthened as the Eskom proposal soothes nerves and a global rally following dovish US Fed outlook;
Bitcoin shares battered after US Fed poured cold water on Facebook's Libra;
Woolworths shares rose by 5.99% to their highest level in 6 months;
South Africa may escape a recession in the second quarter and;
SAA Chair departs.
A proposal by the PIC has become a rescue option for embattled Eskom;
The Rand strengthened as the Eskom proposal soothes nerves and a global rally following dovish US Fed outlook;
Bitcoin shares battered after US Fed poured cold water on Facebook's Libra;
Woolworths shares rose by 5.99% to their highest level in 6 months;
South Africa may escape a recession in the second quarter and;
SAA Chair departs.
