Fresh R3.5bn SAA bailout; Moody's gives SA breathing space; Motsepe, Trump
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In today's business news headlines:
* South African Airways’s business-rescue team said it’s been given access to R3.5bn from the state-owned Development Bank of Southern Africa to avert the airline’s collapse and has immediately taken R2bn;
* Credit ratings agency Moody's will give South Africa more time before reassessing its outlook on the country;
* Patrice Motsepe has apologised for being nice to US President Donald Trump, but warns that negativity towards the US could be hindering job creation in South Africa;
* Anglo American Platinum shareholders can look forward to fabulous financial results in February, thanks to the price of metals;
* Apple and other big tech giants listed on global stock markets are expecting their supply chains to take a knock as the coronavirus continues to spread in China, which manufactures much of the world's goods.
* South African Airways’s business-rescue team said it’s been given access to R3.5bn from the state-owned Development Bank of Southern Africa to avert the airline’s collapse and has immediately taken R2bn;
* Credit ratings agency Moody's will give South Africa more time before reassessing its outlook on the country;
* Patrice Motsepe has apologised for being nice to US President Donald Trump, but warns that negativity towards the US could be hindering job creation in South Africa;
* Anglo American Platinum shareholders can look forward to fabulous financial results in February, thanks to the price of metals;
* Apple and other big tech giants listed on global stock markets are expecting their supply chains to take a knock as the coronavirus continues to spread in China, which manufactures much of the world's goods.
