SAs in Wuhan to be flown home; Rand takes bashing; Pam Golding probed; ANC/Cosatu talk job cuts
Loading player...
In today's business headlines:
- 151 out of the 201 South Africans living in the Wuhan area of China where the coronavirus first broke out, have indicated that they wished to return home and are going to be repatriated by the Government and will be kept in quarantine for 21 days;
- The Rand is suffering its worst start to the year against the dollar since the global financial crisis in 2008 after reaching R15.79 to the U.S dollar and Bloomberg reports that it’s not about to get any better in March;
- Trade union Cosatu and the South African Communist Party have confirmed that they have been invited to a meeting of the ANC’s working committee which takes place today where the proposed cut to the public sector pay bill could be on the agenda; and
- Pam Golding Properties will be the subject of a full-scale investigation into allegedly facilitating the sale of properties to the children of former Mozambican President Armando Guebuza without following legal requirements.
- 151 out of the 201 South Africans living in the Wuhan area of China where the coronavirus first broke out, have indicated that they wished to return home and are going to be repatriated by the Government and will be kept in quarantine for 21 days;
- The Rand is suffering its worst start to the year against the dollar since the global financial crisis in 2008 after reaching R15.79 to the U.S dollar and Bloomberg reports that it’s not about to get any better in March;
- Trade union Cosatu and the South African Communist Party have confirmed that they have been invited to a meeting of the ANC’s working committee which takes place today where the proposed cut to the public sector pay bill could be on the agenda; and
- Pam Golding Properties will be the subject of a full-scale investigation into allegedly facilitating the sale of properties to the children of former Mozambican President Armando Guebuza without following legal requirements.
