Bank strike blocked; Job growth flat; Truworths lifeline; PIC eyes fibre company; Settle with Moyo; Eskom’s 3 CEO candidates
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In today's business headlines:
South African bank workers were blocked from participating in what would have been the industry’s biggest strike in almost a century as labour unions protest against job losses;
Formal job growth remained flat while net jobs decreased by 2,000 in the second quarter of the year according to Statistics South Africa;
Truworths has managed to restructure its UK Debt after Standard Bank provided a £32.5bn facility to refinance its footwear retailing business, Office;
The Public Investment Corporation is poised to take a stake in Liquid Telecom if Africa’s biggest fibre company goes ahead with a planned initial public offering;
An Old Mutual shareholder has urged the South African insurer to end its dispute with Chief Executive Officer Peter Moyo, even if it means settling out of court; and
Three candidates have been shortlisted for the job of CEO at Eskom. Learn more about your ad choices. Visit megaphone.fm/adchoices
South African bank workers were blocked from participating in what would have been the industry’s biggest strike in almost a century as labour unions protest against job losses;
Formal job growth remained flat while net jobs decreased by 2,000 in the second quarter of the year according to Statistics South Africa;
Truworths has managed to restructure its UK Debt after Standard Bank provided a £32.5bn facility to refinance its footwear retailing business, Office;
The Public Investment Corporation is poised to take a stake in Liquid Telecom if Africa’s biggest fibre company goes ahead with a planned initial public offering;
An Old Mutual shareholder has urged the South African insurer to end its dispute with Chief Executive Officer Peter Moyo, even if it means settling out of court; and
Three candidates have been shortlisted for the job of CEO at Eskom. Learn more about your ad choices. Visit megaphone.fm/adchoices
