Edcon's liquidation would lead to the single biggest loss of jobs in SA | IOL Business Report

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Edcon's liquidation would lead to the single biggest loss of jobs in SA

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Let’s have a job summit - what a waste of time that was - how about getting back all the billions stolen through corruption first? Also a waste of time.....well time is running out. Waiting for that IMF bailout.....then it’s a lost generation for sure.

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Edcon closer to recapitalisation deal to stave off looming collapse | IOL Business ReportEdcon says parts of the Sunday Times article of December 16, and specifically its headline, are speculative, misleading and sensationalist. To much of bad debt, overpriced, outdated merchandise, limited range.
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Edcon board approves structure of proposed recapitalisation plan, says Pattison | IOL Business ReportThe board of troubled retail company Edcon has approved the structure of a proposed recapitalisation plan, CEO Grant Pattison has said.
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SA considers setting up council of economic advisers | IOL Business ReportSA Finance Minister Tito Mboweni said President Cyril Ramaphosa has asked him to consider a process to set up a council of economic advisers. Good idea! We have too many structures, committees and task teams in this this country. Just do more stuff Minister tito_mboweni . Focus doing stuff first and once the actions have been taken then set up committees and advisers. No? Guptas, Trillion, Bain, KPMG, BrianMolefe, Gama, AnojSingh.... All still available and not in jail.
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Appetite for bitcoin grows in SA despite bitcoin prices | IOL Business ReportOver the past year, transactions on the Paxful platform from South Africa has grown by 25 percent. Might be a better way to store your money in Africa especially when the rand starts to plummet.
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