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SABC News reports that Oakbay Investments has given the assurance that its employees will not be negatively affected by the Gupta family's decision to sell all its shareholdings in the country.
The Guptas said they would soon make further announcements following their decision to sell their shareholdings in South African businesses by the end of the year. The CEO of Oakbay Investments Nazeem Howa said: “Our employees are very sad that such a decision has been taken. It's a sad day for us and for South Africa. Our staff and our colleagues are well taken care of and their jobs remain safe. Of course we want to be in a very attractive state for the new buyer, so we will take very good care of the business.”
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