Judge wants proof of Zuma illness: Arrest warrant; Steinhoff skyrockets; Edcon sells CNA
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In today's business news headlines:
* A judge is set to have former president Jacob Zuma arrested for failing to show up in court on grounds of illness; his lawyer will have to prove he is really sick;
* The Steinhoff share price skyrocketed, gaining nearly 50%, on news a buyer is interested in picking up European assets;
* Troubled retail group Edcon is to sell about 170 CNA stores;
* In an "encouraging for the consolidation of democracy on the continent”, Malawi became just the second African nation to annul election results on the grounds that they were rigged after Kenya’s High Court overturned the outcome of a 2017 vote;
* Nigeria has upped the ante with South Africa, its rival for investment funds, by relaxing visa rules to make it easier to do business.
* A judge is set to have former president Jacob Zuma arrested for failing to show up in court on grounds of illness; his lawyer will have to prove he is really sick;
* The Steinhoff share price skyrocketed, gaining nearly 50%, on news a buyer is interested in picking up European assets;
* Troubled retail group Edcon is to sell about 170 CNA stores;
* In an "encouraging for the consolidation of democracy on the continent”, Malawi became just the second African nation to annul election results on the grounds that they were rigged after Kenya’s High Court overturned the outcome of a 2017 vote;
* Nigeria has upped the ante with South Africa, its rival for investment funds, by relaxing visa rules to make it easier to do business.
