Flash Briefing: Trillian's R600m state capture hit; Ramaphosa to rescue Eskom; Old Mutual fires Moyo; PIC Naspers jitters
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In today's Biznews Flash Briefing:
The Old Mutual share price jumped on news that its board has decided to fire its CEO Peter Moyo.
The Naspers share price moved up about 2% on Tuesday. The Public Investment Corporation is encouraging its fund managers at the Government Employees Pension Fund to reduce its Naspers shareholding of about 16%.
There has been an exciting breakthrough in the fight against corruption and state capture. Trillian Capital Partners has been ordered to pay back Eskom almost R600m by the High Court in Pretoria.
President Cyril Ramaphosa will announce more measures to support cash-strapped power utility Eskom, his office said on Tuesday.
Late on Tuesday, R18.22 would buy you one British pound, R14.52 would get you one US dollar and R16.26 could be exchanged for one Euro. Learn more about your ad choices. Visit megaphone.fm/adchoices
The Old Mutual share price jumped on news that its board has decided to fire its CEO Peter Moyo.
The Naspers share price moved up about 2% on Tuesday. The Public Investment Corporation is encouraging its fund managers at the Government Employees Pension Fund to reduce its Naspers shareholding of about 16%.
There has been an exciting breakthrough in the fight against corruption and state capture. Trillian Capital Partners has been ordered to pay back Eskom almost R600m by the High Court in Pretoria.
President Cyril Ramaphosa will announce more measures to support cash-strapped power utility Eskom, his office said on Tuesday.
Late on Tuesday, R18.22 would buy you one British pound, R14.52 would get you one US dollar and R16.26 could be exchanged for one Euro. Learn more about your ad choices. Visit megaphone.fm/adchoices
