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Investors ditch SA assets; Mabuza's two Eskom hats; Rupert emigration chatter grows; Brexit weighs on pound

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Foreigners are ditching South African assets at the fastest pace on record as concern mounts that the government will lose its last investment-grade rating.
Eskom’s over-worked chairman Jabu Mabuza has just had an extra role added to his job description - acting chief executive of troubled power utility Eskom.
Solidarity union is pushing the National Prosecuting Authority to pursue fraud charges against Brian Molefe, the former CEO of Eskom who played a central role in state capture along with the Gupta and Zuma families.
News that Johann Rupert, one of South Africa’s richest men, is contemplating emigrating has got South Africans buzzing on social media.
Currencies: Dollar/Rand R14.18 Pound/Rand R17.33 Euro/Rand R15.79. Learn more about your ad choices. Visit megaphone.fm/adchoices
29 Jul 2019 3PM English South Africa Investing · Business News

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