In an unprecedented move to bombproof SA’s major lenders, a multibillion-rand emergency fund has been set up to help them weather any liquidity storm.
Anglo American’s Cynthia Carroll and her lieutenants seem to have dropped the ball in persuading the company’s board to approve their last dividend.
Although MTN has been involved in court battles after allegations of corruption surfaced, its share prices hasn’t plummeted and profits are certain.
MTN has moved to have the corruption case against them thrown out of a US court, but rival Turkcell is ready to do battle.
The person who leaked the MTN and Turkcell memos has to face the possibility of being implicated in the bribery of Iran government officials’ claims.
Cellphone giant MTN has sought advice in the wake of sanctions by the United States against companies that aid human rights abuses.
Turkcell’s internal strife has the potential to play into the hands of South African cellphone giant MTN, which is tied to its corruption case.
Sources reveal a terrifying situation at the mobile operator company’s headquarters in Tehran.
With MTN refusing to pull out of Iran, Sasol has stopped buying Iranian crude oil in a move to exit the Islamic republic.
Analysts have claimed that billions are at stake and the derivatives market could be destroyed because of the new securities tax touted by government.