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Cape Town - In case you missed it, here is a roundup of Friday's top 6 reads on Fin24:
Chamber of Mines hits out at Zwane
The chamber's CEO Roger Baxter told an audience in Australia that the South African mining industry was "in a crisis", and firms had lost confidence in the Mineral Resources Minister to turn things around.
Baxter said the industry was surprised that Zwane claimed to have received positive feedback from investors on the controversial Mining Charter, or the broader state of the mining industry. “This has not been the industry’s experience," he said.
Solar storm could affect DStv and internet until Sat morning
The strongest solar storm in a decade could interfere with South Africans watching DStv, or using mobile phones, GPS or the internet, the South African National Space Agency warned.
This follows two monster solar flares unleashed from the Sun of Wednesday. The storm will likely be over by Saturday morning, and its effects are extremely difficult to predict.
Scandal-hit Bell Pottinger can't find a new buyer
The UK PR agency's torrid week showed no sign on ending on Friday, after its attempts to sell itself to new owners reportedly collapsed amid an exodus of clients and staff.
The firm has been facing an unprecedented backlash due to its involvement in a racially divisive campaign for the Gupta-owned company Oakbay Capital.
Africa's richest man may cement SA ties
Nigerian billionaire Aliko Dangote is repordetly among those considering counteroffers for PPC that could signal a bidding contest for South Africa’s largest cement maker.
Sources close to Africa's richest man said his firm Dangote Cement was considering buying PPC as a means to accelerate its expansion outside its home market of Nigeria.
Capitec now SA's fourth-largest bank by value
A rally in Capitec shares this week have increased the bank's market capitalisation to R103bn. In so doing it overtook Nedbank, whose market value now stands at R102.1bn.
Capitec’s stock has gained in all but one of the years since it began trading in February 2002 at about R2.60.
Its shares closed Thursday at R891.03.
HMD Global launches the Nokia 8 in SA
The smartphone was launched into the South African market as the first flagship device under HMD Global this week.
HMD Global southern Africa general manager Shaun Durandt said it would be available exclusively from Vodacom on contract from R449, and at a recommended retail price of R9 499.
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