18h04 The South African rand
firmed on Tuesday, in line with other emerging market currencies
and rise in stocks, as investors' appetite for riskier assets
was boosted by better-than-expected manufacturing data and a
pause in a. . .
17h04 South Africa's Famous
Brands said on Tuesday its UK-based unit Gourmet Burger
Kitchen (GBK) has closed 14 out of 17 under-performing stores
following the approval of a restructuring plan by creditors.. . .
10/12 South African telecoms firm
MTN Group was still in talks with Nigerian authorities
over an $8.1 billion dispute and a $2 billion tax demand in a
bid to reach an agreement, Africa's biggest mobile. . .
06/12 South Africa's rand weakened
more than 2 percent on Thursday and bonds fell after the current
account deficit widened in the third quarter and power firm
Eskom said it was considering restructuring its debt,. . .
06/12 South African authorities
have given food maker Tiger Brands permission to
re-open a factory closed after the world's biggest listeria
outbreak was traced to one of its facilities, the company said
on Thursday.. . .
06/12 nges date in headline to Dec 6, not 5)
The following company announcements, scheduled economic indicators, debt and currency market
moves and political events may affect South African markets on Thursday. . .
06/12 Shares in South African
engineering company Group Five plunged more than 40
percent on Thursday after a customer's $60.5 million
compensation claim relating to the unfinished Kpone power plant
in Ghana.. . .
04/12 South African telecoms firm MTN
Group and Nigeria's central bank are in talks to settle
an $8.1 billion dispute, their lawyers said on Tuesday, as a
court in Lagos adjourned the case between the. . .
04/12 Armed with low-cost
operating models, three South African digital banks are betting
on aggressive pricing and data analytics to attract tech-savvy,
price-conscious consumers when they launch next year in a rare
challenge to the old. . .
03/12 South Africa's rand firmed
more than 1 percent against a softer dollar on Monday, in line
with emerging markets and a fall in bond yields, as a temporary
trade truce agreement between U.S. and. . .
03/12 A South African court on Monday
granted a class action certificate to victims of listeriosis,
paving the way for them to claim against Tiger Brands
after the world's largest ever outbreak claimed more than. . .
03/12 A Lagos court hearing concerning a
dispute between South African telecoms firm MTN Group
and Nigeria's attorney general over a $2 billion tax demand will
take place on Feb. 7, a registrar said on. . .
30/11 South Africa's main iron ore
export railway line has been closed until Dec. 9 after a truck
badly damaged a railway bridge, state-owned freight group
Transnet said on Friday, sending shares in Kumba Iron. . .
30/11 South Africa's Clover
Industries said on Friday other unnamed firms have
shown interest in buying all its shares, after the dairy firm
said in October it was in talks with a potential suitor.. . .
28/11 A South African state-owned
pension fund has raised its stake in mobile phone operator MTN
Group to nearly 24 percent, regulatory filings showed
on Wednesday, a bet on the company in the middle of. . .
28/11 Gold Fields said
on Wednesday it had offered union members striking at its South
Deep mine in South Africa an increased severance package to try
to resolve the dispute which has halted production.. . .
27/11 Omnia Holdings, a
South African chemicals and fertiliser maker, said on Tuesday it
plans reduce costs and to cut around 125 jobs from its
850-strong workforce at its struggling chemicals business.. . .
26/11 South Africa's Gold Fields
is not acting in good faith in talks with the
government over planned job cuts, mining minister Gwede Mantashe
said on Monday, a setback for negotiations aimed at ending a
weeks-long. . .
23/11 Shares in MTN Group surged
4 percent on Friday with traders attributing the rise to news
that Nigeria's central bank was on the verge of reaching an
agreement over a $8.1 billon dispute with. . .
22/11 South Africa's rand rallied
more than 1 percent on Thursday after the central bank raised
benchmark lending rates for the first time in nearly three years
in a close decision that underlined the bank's. . .
22/11 South Africa's Capitec Bank
said on Thursday its 3.2 billion rand ($232 million)
offer to buy Mercantile Bank had been accepted, paving the way
for the Stellenbosch-based lender to expand into business
banking.. . .
22/11 South Africa's Tiger Brands
, which is recovering from a food contamination crisis,
will spin off its 42 percent stake in fishing company Oceana
Group, worth $330 million, to focus on growing its food
and. . .
21/11 South Africa's rand raced
to a two-week high against the dollar on Wednesday, in line with
a rebound in some other emerging market currencies, as investors
piled into riskier assets and sold the greenback.. . .
20/11 South African hotelier and
casino operator Tsogo Sun on Tuesday posted flat
half-year profit, citing economic pressures on consumers and
earnings per share dilution after its acquisition of gaming
businesses Vukani Slots and Galaxy Bingo.. . .
20/11 South Africa's rand
weakened on Tuesday in line with some other emerging market
currencies as a dollar rally, trade tensions and U.S. Federal
Reserve comments on global growth dimmed investor appetite for
riskier assets.. . .
19/11 South Africa's rand
weakened on Monday, slipping back above a crucial psychological
level as higher bets of an interest rate hike by the local
central bank later in the week were overshadowed by the
simmering. . .
16/11 Insimbi Refractory and Alloy Supplies Ltd
:. . .
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