Moody’s hits Rand; Sasol's R18bn writedown; Tesla stalls; new ‘corporate’ PIC chair

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In today's business headlines:
The Rand weakens as Moody’s says Eskom is “credit negative”
Sasol has written down asset values by R18.1bn;
Tesla shares plummet by 13% after worse-than-expected losses;
Reuel Khoza is the new 'corporate' PIC Chair;
The Legal Practice Council is probing the ombudsman while she launched another investigation against Gordhan and Kieswetter;
Steinhoff's ex CEO, Markus Jooste disciplinary hearing by the SAICA will go ahead and;
Johannesburg lights stay on despite being hacked. Learn more about your ad choices. Visit megaphone.fm/adchoices
25 Jul 2019 3PM English South Africa Investing · Business News

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