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The joint owners of Fourways Mall, SA’s largest shopping centre, are taking their main insurer AIG South Africa and others to court in a bid to be paid at least R584m for loss of rental income due to lockdown restrictions.
Former finance minister Tito Mboweni has been appointed as a regional advisor for the US investment bank Goldman Sachs. "In this capacity, Tito will provide strategic advice to the firm on business development opportunities, with a particular focus on South Africa and sub-Saharan Africa," the company said in a statement.
Also appointed chair of Accelerate Property Fund.
He previously worked for the US investment bank for eight years, until 2018.