State assets sale; Telkom job cuts anger; ANC rifts; Tito’s Davos challenge; SA lags in social mobiilty
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In today's business headlines:
- The Government is accelerating the sale of state assets to fund cash-strapped South African Airways and other distressed state-owned companies;
- Unions are angry about the proposal to cut 3,000 jobs at Telkom;
- ANC decision-makers met over the weekend to discuss how to deal with the ailing state-owned enterprises;
- Finance Minister Tito Mboweni will lead the South African Davos offensive in Switzerland and has indicated that he would be flying the structural reform flag; and
- South Africa ranks 77th out of 82 economies in a social mobility study and fared even worse in job opportunities and education quality.
- The Government is accelerating the sale of state assets to fund cash-strapped South African Airways and other distressed state-owned companies;
- Unions are angry about the proposal to cut 3,000 jobs at Telkom;
- ANC decision-makers met over the weekend to discuss how to deal with the ailing state-owned enterprises;
- Finance Minister Tito Mboweni will lead the South African Davos offensive in Switzerland and has indicated that he would be flying the structural reform flag; and
- South Africa ranks 77th out of 82 economies in a social mobility study and fared even worse in job opportunities and education quality.
