Old Mutual in Zim crisis; SAA gets new CEO, R10bn in govt backing; Eskom, Aspen gouging; Sun International; Foschini

Loading player...
In today's news headlines:
* Zanu-PF wants to delist Old Mutual, the country's largest public company, after accusing it of playing into 'economic sabotage'.
* SAA has an interim CEO, Philip Saunders, and R10bn in government backing to get the state-owned airline back in the air.
* A former judge says an Eskom tender that grew from R114m to R14bn should be investigated.
* Sun International hopes to get shareholders to help it out of its liquidity crisis, with a R1.2bn rights offer looming.
* Aspen has slashed excessively high prices of cancer drugs in Europe to avoid a fine.
* Foschini is set for a rights offer to clean up its debt. Learn more about your ad choices. Visit megaphone.fm/adchoices
14 Jul 2020 1PM English South Africa Investing · Business News

Other recent episodes

Golden handshakes, protection of allies, targeting of whistleblowers… - Grant Abbott

In his latest interview with Chris Steyn, Grant Abbott the General Secretary of the National Tertiary Education Union (NTEU) shares evidence collected over years for the criminal complaint lodged against Vice-Chancellor Professor Sakhela Buhlungu who was recently placed on precautionary suspension by the Council and now faces charges of gross…
15 Jun 5AM 19 min