EDITOR’S LUNCHBOX: SA is not broke, despite what you may think
Sibanye-Stillwater faces a strike, and IMF warns the country about the difficulty involved in implementing reform
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“This project [the Russian nuclear power station] became quite central for whatever reasons and ‘come what may’,” public enterprises minister Pravin Gordhan told the Zondo commission.
“This is therefore a critical time to implement stalled reforms to restore confidence, attract investment, support growth, and rebuild buffers to deal with a challenging environment,” the International Monetary Fund advises SA.
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Ascendis Health said in a stock exchange filing late on Friday that nonexecutive director Gary Shayne, his spouse and his Gane Holdings company were forced sellers of about R13m worth of shares last week.
SA’s largest domestic gold producer, Sibanye-Stillwater, faces a strike from the Association of Mineworkers and Construction Union (Amcu) over unhappiness with a wage increase settled with other unions.