Recession avoided; Rand rebounds: Aspen reduces debt; Boris loses majority; AMCU deregistration reconsidered; army deployed for xenophobic attacks

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In today’s business headlines:
South Africa has averted a recession after economic growth rebounded in the second quarter;
The Rand firmed on the surprising GDP rebound;
The Pound rebounded as British Prime Minister Boris Johnson lost his majority in Parliament;
Aspen Pharmacare is making progress in reducing its debt burden, while Foschini increased sales;
The de-registration of the Association of Mineworkers and Construction Union (AMCU) laws had been halted; and
Gauteng Premier David Makhura has warned that he could deploy the army to areas in the province plagued by xenophobic attacks and looting. Learn more about your ad choices. Visit megaphone.fm/adchoices
3 Sep 2019 11AM English South Africa Investing · Business News

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