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PIC's Matjila to Say He Was Ousted to Facilitate Edcon Rescue

(Bloomberg) — Daniel Matjila, the ousted chief executive officer of Africa’s biggest fund manager, is expected to say his opposition to funding the rescue of South Africa’s second-biggest clothing retailer ahead of national elections was one of the reasons he was dismissed.Matjila is scheduled to begin testimony to a … Read entire story.

Source: Yahoo News – Latest News & Headlines

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