SARB will remain independent; Pvt electricity generation step-up; Eskom chair resigns; Zondo, Zuma, Prosus

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* The ANC has re-affirmed the independence, role and mandate of the South African Reserve Bank in an annual policy statement.
* In another policy decision, the ANC said solving South Africa’s energy crisis, creating jobs and speeding up land redistribution will top the party’s priority list this year.
* Eskom Chairman Jabu Mabuza resigned from the board of Eskom at the end of last week and apologised for the utility’s inability to meet commitments it made to the President to avoid power cuts until 13th of January.
* Naspers‘s Prosus ambition to become the world’s leading online food delivery business took a major blow at the end of last week as its offer to buy JustEat lapsed.
12 Jan 2020 12PM English South Africa Investing · Business News

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