Job cuts loom as Glencore challenges Eskom's electricity offer
Olivia Kumwenda-Mtambo and Nqobile Dludla
![With reports that Formula One race organisers are considering scrapping or relocating several Middle Eastern races this year due to heightened security concerns, the events industry is once again confronting the reality of operating in an unpredictable world (Image source: @ Scuderia Ferrari Club https://sfcriga.com/ Scuderia Ferrari Club]])](https://biz-file.com/c/2603/806699-64x64.jpg?1)
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Coface appoints new chief executive officer
International credit insurer, Coface, has appointed Xavier Durand as chief executive officer. Durand's role will entail strengthening commercial activity, and proposing and implementing structural adaptations to enhance the group's operational efficiency.
