Eskom tariff hike defeat, debt plan rubbished; Angola targets Dos Santos assets; Facebook, Huawei
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In today's business news headlines:
* Eskom loses court battle to dramatically hike electricity tariffs;
* Analysts rubbish a proposal by trade union group Cosatu to use government employee pensions to take over about half of Eskom’s debt pile;
* Angolan president takes hard line on state capture by Isabel dos Santos, daughter of the former president and Africa’s richest woman;
* Billionaire Pieter Thiel dumps more Facebook stock;
* Donald Trump snubs Boris Johnson as bromance sours over Huawei deal in UK; and
* Coronavirus hasn’t yet filtered through to the global economy, even though nearly 1,000 people have died, says Reuters. Learn more about your ad choices. Visit megaphone.fm/adchoices
* Eskom loses court battle to dramatically hike electricity tariffs;
* Analysts rubbish a proposal by trade union group Cosatu to use government employee pensions to take over about half of Eskom’s debt pile;
* Angolan president takes hard line on state capture by Isabel dos Santos, daughter of the former president and Africa’s richest woman;
* Billionaire Pieter Thiel dumps more Facebook stock;
* Donald Trump snubs Boris Johnson as bromance sours over Huawei deal in UK; and
* Coronavirus hasn’t yet filtered through to the global economy, even though nearly 1,000 people have died, says Reuters. Learn more about your ad choices. Visit megaphone.fm/adchoices
