Flash Briefing: Cyril’s pruned Executive excites Rand; Shell seeks SA oil; PIC gets Unioned; Naspers
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In today's business headlines:
Ramaphosa has announced a slimmed-down Cabinet, reflecting a clean-up but there are some political trade-offs;
The Rand gains following the announcement of the Cabinet;
Naspers says it is not abandoning South Africa as it plans to list in Amsterdam;
Royal Dutch Shell takes a second stake in South African hydrocarbon project; and
Trade unionists are included for the first time on the PIC board.
Ramaphosa has announced a slimmed-down Cabinet, reflecting a clean-up but there are some political trade-offs;
The Rand gains following the announcement of the Cabinet;
Naspers says it is not abandoning South Africa as it plans to list in Amsterdam;
Royal Dutch Shell takes a second stake in South African hydrocarbon project; and
Trade unionists are included for the first time on the PIC board.
