Eskom PIC rescue; Rand rebound; Woolies improved outlook; SAA chair flies off; Q2 recovery? episode artwork

EPISODE · Jul 11, 2019 · 4 MIN

Eskom PIC rescue; Rand rebound; Woolies improved outlook; SAA chair flies off; Q2 recovery?

from Rational Radio · host BizNews

In today's business headlines: A proposal by the PIC has become a rescue option for embattled Eskom; The Rand strengthened as the Eskom proposal soothes nerves and a global rally following dovish US Fed outlook; Bitcoin shares battered after US Fed poured cold water on Facebook's Libra; Woolworths shares rose by 5.99% to their highest level in 6 months; South Africa may escape a recession in the second quarter and; SAA Chair departs.

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Eskom PIC rescue; Rand rebound; Woolies improved outlook; SAA chair flies off; Q2 recovery?

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