Business brief | Nhlanhla Nene exits MC Mining, and Canal+ takes on a little more MultiChoice
In a rather eventful day for corporate news, MC Mining announced the departure of its chair Nhlanhla Nene, while Canal+ picked up a little more of MultiChoice. In international news, sales at luxury goods group Hermes are booming, but this doesn't mean Chinese demand is bouncing back.had resigned with effect from 25 April after almost two years in the position.
"MC Mining is now on a more stable footing with clear development plans for its large coal resource base and we wish him every success in his future endeavours."said on Thursday French media giant has now built up its stake to 41.6% after a series of transactions between 18 April and 24 April, when it spent between R116 and R117.59.
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