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Monday, December 10th, 2018
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Category Archives: Financial News

Going mobile: Telkom eyes second bite of Cell C cherry

Going mobile: Telkom eyes second bite of Cell C cherry

Telkom is considering making an offer to buy a majority stake in Cell C that would lead to a combination of South Africa’s third- and fourth-largest mobile-phone companies.

Gupta pal Eric Wood fights to keep Trillian Eskom spoils

Gupta pal Eric Wood fights to keep Trillian Eskom spoils

Eric Wood, who calls himself South Africa’s greatest trader, is fighting to keep money that his company, Trillian, siphoned out of Eskom together with consultancy McKinsey.

Nuke sector players duke it out in the courts; no Thuma Mina here

Nuke sector players duke it out in the courts; no Thuma Mina here

The real value of this story is that it provides incontrovertible evidence that those responsible for nuclear sector governance in South Africa have for the past 20 months at least, not had their heads in the game.

Anthea Jeffery: MPs erred on many levels by rushing through EWC 

Anthea Jeffery: MPs erred on many levels by rushing through EWC 

Anthea Jeffrey argues the manner in which Parliamentarians rushed through a proposal to amend the Constitution’s section on Expropriation Without Compensation attacks the very core of democracy.

SA economy gets up on one knee with unaccustomed GDP growth

SA economy gets up on one knee with unaccustomed GDP growth

South Africa emerged from its first recession in almost a decade in the third quarter as recoveries in manufacturing and agriculture contributed to an increase in economic growth.

World addicted to dirty coal and Ivan Glasenberg knows it

World addicted to dirty coal and Ivan Glasenberg knows it

Higher US bond yields have made the payouts offered by most stocks look pretty underwhelming lately. Not so Glencore Plc, whose implied yield is startlingly high even though it’s throwing off cash like it’s going out of fashion.