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Monday, July 6th, 2020

State capture specialists back at Zondo; SAA; Naspers results; Zimbabwe stock market panic; Rand

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by June 29, 2020 Financial News

BizNews — In today’s headlines:* The Zondo Commission into state capture has resumed after proceedings were halted because of the Covid-19 lockdown three months ago;* President Cyril Ramaphosa says thestigmatisation of those infected with Covid-19 must stop, in his weekly email to the nation;* The Department of Public Enterprises has withdrawn from the forum to restructure SAA, with its leaders offended at public criticism;* Stockbrokers in Zimbabwe are struggling to explain to investors what’shappened to their moneyafter the government shut down the stock exchange; and* Naspers delivered a strong set of results on Monday for the 12 months ending 31 March, reporting revenue growth of 23% to $22.1bn, and trading profit up by 17%. …

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Author: BizNews The Daily Insider

This article was originally posted on BizNews.

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