Gordhan won't interfere; Bosasa goods under hammer, Prasa's Lucky Montana asset seizure; Inflation, Remgro
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In today's business headlines:
The government has ruled out intervention in the ongoing battle between South African Airways and unions leading the strike.
Assets belonging to several entities of Bosasa, which include the company's former headquarters and a copper plant will be auctioned off over three days in December.
Former Prasa head, Lucky Montana says the seizure of assets at his home including two luxury cars was a “vindictive” action by SARS and that it was “unethical.”
South Africa’s annual inflation has dropped to its lowest level in nine years. Consumer price growth slowed to 3.7% compared to 4.1% in October; and
Remgro’s share price had one of its best days in the past five years after the company announced that it is planning to distribute its 28% stake in RMH to shareholders.
The government has ruled out intervention in the ongoing battle between South African Airways and unions leading the strike.
Assets belonging to several entities of Bosasa, which include the company's former headquarters and a copper plant will be auctioned off over three days in December.
Former Prasa head, Lucky Montana says the seizure of assets at his home including two luxury cars was a “vindictive” action by SARS and that it was “unethical.”
South Africa’s annual inflation has dropped to its lowest level in nine years. Consumer price growth slowed to 3.7% compared to 4.1% in October; and
Remgro’s share price had one of its best days in the past five years after the company announced that it is planning to distribute its 28% stake in RMH to shareholders.
