Flash Briefing: SA sells majority stake of SAA, Naspers, Prosus under scrutiny
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In today's headlines:
*South Africa agreed to sell a majority stake in the country’s grounded national carrier to a local jet-leasing company and private-equity firm, ridding the government of an entity that has long been a drain on state finances, reports Bloomberg.
*A number of South Africa’s top asset managers have teamed together against the complex shareholding structure and lack of management alignment in South Africa’s two largest businesses – Naspers and Prosus.
*South Africa’s government criticised the United Arab Emirates for failing to cooperate with its requests for assistance in bringing to justice people suspected of being involved in corruption. Learn more about your ad choices. Visit megaphone.fm/adchoices
*South Africa agreed to sell a majority stake in the country’s grounded national carrier to a local jet-leasing company and private-equity firm, ridding the government of an entity that has long been a drain on state finances, reports Bloomberg.
*A number of South Africa’s top asset managers have teamed together against the complex shareholding structure and lack of management alignment in South Africa’s two largest businesses – Naspers and Prosus.
*South Africa’s government criticised the United Arab Emirates for failing to cooperate with its requests for assistance in bringing to justice people suspected of being involved in corruption. Learn more about your ad choices. Visit megaphone.fm/adchoices
