Flash Briefing: Ramaphosa 'shocked' by Magashule behaviour; most vaccinated country back in lockdown; Eskom; Sibanye

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* ANC President Cyril Ramaphosa is shocked and dismayed by a letter from ANC secretary general Ace Magashule who made an unauthorised attempt to suspend Ramaphosa as party president, says Eyewitness News.
* Eskom doesn’t want to buy electricity from the company that won most of a government emergency-power tender because it’s concerned about the cost and length of the contract, says Bloomberg.
* Zimbabwe plans to list a bond on the local exchange for the first time in 20 years to raise funds for the expansion and upgrade of a main highway that links the country to its largest trading partner, South Africa.
* Seychelles, which has fully vaccinated more of its population against the coronavirus than any other country, has closed schools and canceled sporting activities for two weeks as infections surge.
* South African miner Sibanye-Stillwater on Thursday posted a 78% increase in first-quarter core profit, driven by higher metals prices and improved operational performance, reports Bloomberg. Learn more about your ad choices. Visit megaphone.fm/adchoices
6 May 2021 11AM English South Africa Investing · Business News

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