Steenhuisen leads DA; SAA intl flights resume; Ex-Denel staff 'stole' missile IP; Platinum wage deal; Wiese

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In today's business headlines:

  • John Steenhuisen has been elected as the interim federal leader of the Democratic Alliance and says race is not being ignored by the party.
  • South African Airways has resumed some of its international flights last night but wage strikes are continuing.
  • A security breach at arms manufacturer Denel may have led to the theft of missile technology according to a report in City Press.
  • Shoprite chairman, Christo Wiese will retire from Africa’s biggest grocer by next year’s annual general meeting, putting an end date to a tenure that has spanned almost three decades; and
  • Platinum producers have sealed a pay agreement with the sector’s biggest labour union in South Africa in negotiations that have been described by an analysts as the best we have seen in 25 years.

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