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Remgro is quietly building a telecoms giant
In perhaps one of the most unexpected executive moves in South Africa’s telecommunications industry in 2019, it emerged this week that Vodacom Group chief technology officer Andries Delport will join Community Investment Ventures Holdings (CIVH), a company that doesn’t enjoy much...
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SA's power sector reform timeline 'optimistic' - S&P
The timeline for South Africa‘s plan to overhaul its power sector by breaking up loss-making state utility Eskom over the next three years is “somewhat optimistic”, S&P Global Ratings said on Tuesday.
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Sarb says Moody’s cut could risk $8bn selloff
South African Reserve Bank Deputy Governor Kuben Naidoo said if Moody’s Investors Service cuts the country’s credit rating to junk there could be a selloff of between $5 and $8 billion of its bonds.
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