7 things you need to know today
CAPE TOWN - Good morning. This is all the latest business news that you need to know today.
The gloves are off at Old Mutual as under-fire chief executive Peter Moyo threatened to approach the courts to challenge the company’s plan to axe him for alleged conflict of interest in his NMT group.
Alexander Forbes, yesterday finally lifted the veil on why it dismissed Andrew Darfoor as its chief executive 10 months ago.
S&P DOW JONES Indices yesterday announced the launch of S&P South Africa Domestic Shareholder Weighted ESG Index, the newest addition to its global Environmental, Social and Governance index family and one of 22 new ESG country and regional indices.
The rand rallied in late trade yesterday after the government signalled it would give additional support to power firm Eskom and as emerging currencies were lifted by expectations the Federal Reserve could signal US rate cuts.
Gupta-linked Trillian Capital on Tuesday suffered a major blow when the North Gauteng High Court ordered it to pay Eskom R600 million it illegally received from the struggling power utility.
The annual Audi Silver Arrow Awards is a Dealer incentive and awards programme that recognises outstanding performance in the South African Audi Dealer Network.
The South African Reserve Bank (SARB) has said that it was working with the Minerals Council and the Department of Mineral Resources and Energy to develop a platinum coin.
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