Economist Thabi Leoka’s alleged lie about possessing a doctorate from the London School of Economics is believed to have cost her a chance to be considered as a successor to Kuben Naidoo, a deputy governor of the Reserve Bank
While several listed and private businesses in South Africa make a great value proposition for investors looking to enter the South African market, the Competition Commission could put on ice some of the planned mergers and acquisitions if they lead to market dominance.
Appointing capable and honest leaders to South Africa’s troubled state-owned entities (SOEs) is a critical step to reforming them, but there remain individuals who hope to repeat the state capture project, says public enterprises minister Pravin Gordhan.
While business rescue practitioners for the Post Office have hailed the approval of its business rescue plan by creditors and the R3.8bn bailout that this will unlock, organised labour warned that the branch closures and job cuts will make the entity a shell of its former self.