Oil price shock: What it means for SA; Sasol soars; Musk - 'pedo guy' insult normal in SA; BMF backs Moyo; Eskom advertises for expensive help

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The oil price spike has rocked financial markets, with good news and bad news for South Africa.
Sasol jumped 10% on the JSE as investors absorbed the news of drone strikes on Saudi Arabian oil facilities.
South African entrepreneur Elon Musk hired a private eye to dig up dirt on a cave diver who insulted a SpaceX rescue craft, and claims that calling someone a 'pedo guy' is a South African insult that refers to a creepy man rather than a sexual predator.
The Black Management Forum has backed former Old Mutual CEO Peter Moyo in his boardroom battle with former finance minister Trevor Manuel.
Eskom is about to spend a lot more of taxpayers' funds - this time on advisers to help its bosses manage a government bailout package. Learn more about your ad choices. Visit megaphone.fm/adchoices
16 Sep 2019 3PM English South Africa Investing · Business News

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