Rational Perspective

In today's business headlines: With only three months of salaries secured for the SABC, its COO says its future now lies with the banks; A sharp increase of more than 20% is expected in Comair’s earnings thanks to a court settlement; The rand strengthened to below R14 to the dollar yesterday, its best level against the greenback since late April; Glencore is one of at least three companies interested in buying Rio Tinto’s aluminium assets in Europe; Nigeria has told its banks that they should use at least 60% of their deposits for loans by the end of September; Finance Minister Tito Mboweni and Reserve Bank Governor Lesetja Kganyago converse again to douse Reserve Bank interference fires. See omnystudio.com/listener for privacy information.