A proposal by the biggest owner of Eskom’s debt to convert its R88-billion holding into equity has become a rescue option as South Africa seeks to restructure the troubled power utility.
Browsing: Daniel Matjila
An exodus of CEOs during the economic downturn is becoming alarming, particularly as there are apparently so few ready replacements.
The Public Investment Corporation (PIC) has decided not to support the buyout of media and entertainment group Avusa by the Times Media Group, it was reported on Tuesday. The PIC, a 17% shareholder in Avusa, said as a “concerned shareholder” it was worried about Avusa’s underperformance