Nov. 19 (Bloomberg) -- Eskom Holdings Ltd. may sell a stake in the company or in projects to help meet its funding needs, the Johannesburg-based Financial Mail reported, citing Barbara Hogan, the country’s minister of public enterprises.
The chief executive of South Africa's embattled energy supplier Eskom, Jacob Maroga has resigned, the company said on Thursday, ending a week of confusion over the firm's leadership.
Global mining giant Anglo American on Thursday said it had sold its 49.5-percent stake in South African sugar producer Tongaat Hulett for 523 million US dollars (367 million euros) to unnamed investors.
South African banking stocks are trading near their biggest discount to global emerging-market peers in 10 months and investors should buy them, says John Biccard, a fund manager at Investec Asset Management.