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South Africa’s Shoprite buys back Basson’s shares in $136 mln send-off

South Africa in the news:

  • South Africa’s Shoprite buys back Basson’s shares in 6 mln send-off: JOHANNESBURG, Sept 5 (Reuters) – South African retailer Shoprite’s shareholders approved a buyback of former chief executive Whitey Basson’s shares for 1.75 billion rand ($ 136 million), the company said on Tuesday. The deal, one of the biggest executive …: “South Africa” – BingNews
  • South Africa: British PR body expels Bell Pottinger over campaign: One of Britain’s best-known PR agencies, Bell Pottinger was expelled from the industry’s trade association on Monday over a campaign adjudged to have deliberately stoked racial tensions in South Africa. The association found that it had backed a …: “South Africa” – BingNews
  • South Africa out of recession: JOHANNESBURG — South Africa has exited its first recession in eight years after the economy recorded 2.5 percent growth in the second quarter, official statistics released Tuesday showed. Statistics South Africa said gross domestic product (GDP …: “South Africa” – BingNews
  • South Africa ‘considering national infrastructure company’, says official: South Africa is considering a plan to merge two state-owned operators, Broadband Infraco and Sentech, as a move towards a national infrastructure company. Though details are sketchy at the moment, Robert Nkuna, director-general at the Department of …: “South Africa” – BingNews
  • Making Sure Hunting Contributes to Lion Conservation in South Africa: For decades, hunting has been an important tool for U.S. wildlife managers, helping to protect and restore dozens of native wildlife populations from elk to ducks, mule deer to wild turkeys. American hunters make up the largest proportion of people who …: “South Africa” – BingNews

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Published on 6 September 2017 by Alan Category: NewsTag: $136, Africa's, Back, Basson's, buys, Sendoff, Shares, Shoprite, South

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