Inflation slows; JSE, Rand gain; Sars IT head suspended; Arms deal ruling white-washed; Growth could see outages
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In today's business headlines:
South Africa’s headline consumer inflation slowed to 4% year-on-year in July;
The inflation figures helped a recovery on the JSE and in the value of the Rand;
SARS has suspended its controversial IT chief Mmamathe Makhekhe-Mokhuane following serious allegations of misconduct;
South Africa’s High Court has set aside findings of an inquiry that found no evidence of corruption in the arms deal in the 90s linked to former President Jacob Zuma; and
Growth in GDP could lead to Eskom power outages.
South Africa’s headline consumer inflation slowed to 4% year-on-year in July;
The inflation figures helped a recovery on the JSE and in the value of the Rand;
SARS has suspended its controversial IT chief Mmamathe Makhekhe-Mokhuane following serious allegations of misconduct;
South Africa’s High Court has set aside findings of an inquiry that found no evidence of corruption in the arms deal in the 90s linked to former President Jacob Zuma; and
Growth in GDP could lead to Eskom power outages.
