Eskom split in 3-5 years; Trade contracts further; Pensioners fight prescribed assets; Naspers targets machine learning
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Eskom says it will take three to five years to fully effect a proposed split into three units after which its sole monopoly will be managing the national transmission infrastructure.
The CPB World Trade Monitor compiled by the Netherlands Bureau for Economic Policy Analysis reports that world trade volumes contracted by 1.4% in June.
Resistance is growing against the South African’s government’s proposal to re-introduce prescribed asset requirements, where pension funds are forced by law to invest a portion of their assets into government and SOE-issued bonds.
Naspers disclosed at its annual general meeting on Friday that it has identified machine learning and online education as areas of focus for the future.
The CPB World Trade Monitor compiled by the Netherlands Bureau for Economic Policy Analysis reports that world trade volumes contracted by 1.4% in June.
Resistance is growing against the South African’s government’s proposal to re-introduce prescribed asset requirements, where pension funds are forced by law to invest a portion of their assets into government and SOE-issued bonds.
Naspers disclosed at its annual general meeting on Friday that it has identified machine learning and online education as areas of focus for the future.
