Flash Briefing: Eskom bailout ready, Rand steady; Gold at 5-year-high; Naspers Sweeps South; Hain - bring back the money
BizNews — In today's business headlines: President Cyril Ramaphosa has announced that the Government is going to bail out Eskom. Gold has surged to its highest level in five years after the US Fed signals turned dovish. Naspers has made its first local tech investment in SweepSouth, a cleaning service business. Group Five says shareholders are not getting anything out of the rescue process. Lord Peter Hain says the international community should bring back the money looted by the Guptas.