IMF not needed; Lefties shackle Cyril; Goldfields, Implats back in black; Discovery recovery; Petrol price hike
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In today's business headlines:
The IMF says South Africa does not need a loan, but it needs structural reforms to boost growth;
Bloomberg says President Cyril Ramaphosa's left wing allies is hampering economic reforms;
Gold Fields has returned to a first-half profit of $70.5m in June but its headline earnings per share fell, while Implats swung to its first net profit in five years;
Discovery shares claw back;
Weaker rand could lead to 10 cent hike in the petrol price in September; and
Government departments owe service providers R600m.
The IMF says South Africa does not need a loan, but it needs structural reforms to boost growth;
Bloomberg says President Cyril Ramaphosa's left wing allies is hampering economic reforms;
Gold Fields has returned to a first-half profit of $70.5m in June but its headline earnings per share fell, while Implats swung to its first net profit in five years;
Discovery shares claw back;
Weaker rand could lead to 10 cent hike in the petrol price in September; and
Government departments owe service providers R600m.
