South Africa's Oakbay sells mining unit for $225 mln
09:54, 23/08/2017, WednesdayU: Update: 09:55, 23/08/2017, Wednesday
REUTERS

A logo of Oakbay Investments is seen at the entrance of their offices in Sandton, outside Johannesburg, South Africa April 13, 2016.
South Africa's Oakbay Investments said on Wednesday it would sell its mining unit Tegeta for 2.97 billion rand ($225 million) to Switzerland-based Charles King SA.
Oakbay is owned by the Gupta family, which is accused of wielding undue influence on President Jacob Zuma. Both Zuma and the family deny any wrongdoing.