VBS liquidators want Nkandla; Hawks investigate Malema; China SA ambassador takes aim at Trump; Mine strikes; Discovery share perks up

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The wheels of justice are starting to turn a bit faster in South Africa, with former president Jacob Zuma and Economic Freedom Fighters leader Julius Malema both in the spotlight in connection with court action.

In an unusual move, Lin Songtian, China’s ambassador to South Africa, has opened fire at US President Donald Trump through newspaper advertisements.

Anglo American Platinum and Sibanye Gold will seek mediation to break the deadlock in wage negotiations with South Africa’s largest platinum-mining labour union.

Looking at the JSE, it was a better day for medical scheme operator Discovery, which saw its share price perk up by more than 2%. Discovery was among the top-five major movers on the Johannesburg stock exchange. But, it was a tough day for shareholders in mining and resources stocks, with Assore down more than 7%, Impala platinum down nearly 6% and Kumba iron ore not far behind, with a drop of just over 5%.
10 Sep 2019 3PM English South Africa Investing · Business News

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