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Flash Briefing: Zuma must go to jail for 15 months - ConCourt; EOH sues graft-tainted founders for billions

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Former South African president Jacob Zuma has been sentenced to 15 months in jail for contempt of court.
* The severity of the third wave of coronavirus infections in Johannesburg and the rest of South Africa’s commercial hub of Gauteng may be due to a comparatively low rate of previous infections, according to a blood survey.
* South Africa’s foreign direct investment (FDI) inflows narrowed to R6.1bn ($426m) in the first quarter of this year from R16bn in the fourth quarter of 2020, says Reuters.
* EOH Holdings is suing its co-founder and former CEO, Asher Bohbot, and its former chief financial officer, John King, for R1.7bn in damages each, reports TechCentral. Learn more about your ad choices. Visit megaphone.fm/adchoices

29 Jun 2021 8AM English South Africa Investing · Business News

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