Flash Briefing: JZ hospitalised; stakes in Transnet up for sale; stolen VBS money traced by SARS

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News headlines:
*Former President Jacob Zuma, currently serving a 15-month jail term for contempt of court, has undergone surgery for an unspecified condition, and is due to have further procedures carried out in coming days.
*South Africa’s state-owned ports and rail company is seeking a partner to take stakes in two container terminals to boost efficiency and strengthen ties with global trade routes.
*SARS’s Criminal and Illicit Economic Activities division has reportedly traced stolen VBS money through two front companies into EFF deputy leader Floyd Shivambu’s FNB Private Wealth bank account and is demanding R28.2 million from his brother Brian Shivambu. Learn more about your ad choices. Visit megaphone.fm/adchoices
16 Aug 2021 6AM English South Africa Investing · Business News

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