News Formal

In City Press Business: Moyo versus Manuel; Ngqura closure costs R1 billion; Limited power of rates

  • 📰 City_Press
  • ⏱ Reading Time:
  • 15 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 72%

Business News News

Business Business Latest News,Business Business Headlines

In City_Press Business today: Crippling strike that recently hit Transnet’s Ngqura Container Terminal cost Eastern Cape economy R1bn; Did Old Mutual chairperson Trevor Manuel remain in the room while the board discussed a conflict of interest matter?

Here are some of the headlines in your City Press Business section today:Old Mutual chairperson Trevor Manuel is alleged to have recused himself from an item that was up for discussion during a March 2018 board meeting, citing a possible conflict of interest – but he remained in the room while the board discussed the matter.

The ability to stimulate the economy through interest rate cuts is very limited if business is not confident about the economy, municipalities are dysfunctional and the consumer is under stress. This is according to SA Reserve Bank Deputy Governor Rashad Cassim during an interview.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 7. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

City of Cape Town's business plan to take over rail service approved | IOL NewsA business plan has been approved to incrementally take over the management of the failing rail network in Cape Town, Mayor Dan Plato said.
Source: IOL - 🏆 46. / 51 Read more »