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Call for Eskom to go business rescue route | IOL Business ReportAnchor Capital investment officer says controlled default of the utility's debts is an appropriate tool for restructure.
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15% Eskom tariff hike could wipe out 150 000 mining jobs | IOL Business ReportMinerals Council SA warns that the industry could lose 150 000 jobs if the Nersa granted Eskom the 15 percent annual tariff hike for three years. busrep Wow Eskom must retrieve money went to looting vs corruption and leave alone...
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Shoprite's profit flag creates 'perfect storm' | IOL Business ReportShoprite's shares yesterday tumbled to their worst in nearly 20 years on the JSE, dragging food retail stocks and the All Share Index down
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Booze, clothes set to boost online retail sales to R20bn | IOL Business ReportRetail sales in South Africa are expected to reach R20bn in 2020 on the back of a surge in online sales of apparels, alcohol and tobacco products.
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Cell C extends free Black data promotion yet again | IOL Business ReportThe offering was due to end April 2018 but Cell C has now decided to extend the offer it again after the company extended it in April.
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BlackBerry appoints former Cisco executive as COO | IOL Business ReportBryan Palma would be responsible for the BlackBerry’s core product and services, including its Internet of Things business. busrep Hawu, they still exist?
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Grand Parade Investments gets new broom to usher in changes | IOL Business ReportThe company on Tuesday announced that Tajbhai, its chief operations officer, had been appointed acting chief executive with immediate effect.
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Cash-strapped SABC to fine R31m for price fixing with Primedia, Ster-Kinekor | IOL Business ReportThe fines follow the admission of the media companies to price and trading fixing in contravention of the Competition Act.
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DA asks banks to consider bailing out troubled SAA | IOL Business ReportThe DA said it has written to the chief executives of commercial banks to request them to consider making it possible for SAA to get funding.
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Absa chief executive Ramos to retire at end of February | IOL Business ReportAbsa’s chief executive officer Maria Ramos will retire at the end of February when she turns 60.
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