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The National Treasury expects the troubled SABC to report decreased profit of nearly R22.3 million in the financial year ending in March.
President Jacob Zuma says the government must push for increased black ownership of the continent’s biggest economy.
Telkom has signed over its responsibility for the finances and operation of its telecoms network to MTN South Africa.
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South Africa's rand lost ground against the dollar after stronger than expected US nonfarm payrolls data.
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