Recession avoided; Rand rebounds: Aspen reduces debt; Boris loses majority; AMCU deregistration reconsidered; army deployed for xenophobic attacks
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In today’s business headlines:
South Africa has averted a recession after economic growth rebounded in the second quarter;
The Rand firmed on the surprising GDP rebound;
The Pound rebounded as British Prime Minister Boris Johnson lost his majority in Parliament;
Aspen Pharmacare is making progress in reducing its debt burden, while Foschini increased sales;
The de-registration of the Association of Mineworkers and Construction Union (AMCU) laws had been halted; and
Gauteng Premier David Makhura has warned that he could deploy the army to areas in the province plagued by xenophobic attacks and looting.
South Africa has averted a recession after economic growth rebounded in the second quarter;
The Rand firmed on the surprising GDP rebound;
The Pound rebounded as British Prime Minister Boris Johnson lost his majority in Parliament;
Aspen Pharmacare is making progress in reducing its debt burden, while Foschini increased sales;
The de-registration of the Association of Mineworkers and Construction Union (AMCU) laws had been halted; and
Gauteng Premier David Makhura has warned that he could deploy the army to areas in the province plagued by xenophobic attacks and looting.
