Most Read Today

South Africa's rand slides as lira plunge triggers EM sell-off

17/08 South Africa's rand weakened against the dollar on Friday, tracking its emerging market peers lower as the Turkish lira slid.. . .  Full story

Superdry co-founder gives 1 million pounds to campaign for second Brexit vote

00h26 The co-founder of fashion brand Superdry is donating a million pounds ($1.28 million) to the campaign for a referendum on the final Brexit agreement as Britain prepares to outline in more detail how a. . .  Full story

BlueTel - Cell C financial results presentation

20/02 BlueTel shareholders are advised that Cell C (Pty) Ltd., of which BlueTel holds 45% of the issued share capital, presented its financial results for the year ended 31 December 2017 on. . .  Full story

Thirsty emus flock to Australian outback mining town as drought deepens

18/08 Australia's worst drought in a generation is driving flocks of emus into an outback mining town in a desperate hunt for food and water, an animal rescue unit in the town of Broken Hill. . .  Full story

AdaptIT final results June 2018

16/08 Revenue for the year soared to R1.354 billion (2017: R996.4 million), gross profit jumped to R815.3 million (2017: R573.3 million), profit from operations rose to R218.2 million (2017: R151 million), while. . .  Full story

South African rand slumps after Moody's warning, stocks tumble

15/08 South Africa's rand slumped on Wednesday as ratings agency Moody's warned that the pace of fiscal consolidation in Africa's most industrialised nation had slowed and retail sales data disappointed, underlining the. . .  Full story

Gold Fields boss says not resigning after S.Africa minister's rebuke

16/08 Gold Fields' chief executive officer Nick Holland said on Thursday he was not considering resigning after mines minister Gwede Mantashe blamed the company's plan to cut jobs at its struggling South. . .  Full story

resilient final results June 2018

17/08 Total revenue for the period jumped to R3.9 billion (R3.1 billion). Loss before net finance costs came to R2.7 billion (profit of R3.8 billion). Loss attributable to equity holders was. . .  Full story

S.Africa’s Ramaphosa proposes new sovereign wealth fund: party officials

14/08 South African President Cyril Ramaphosa has proposed setting up a sovereign wealth fund to help boost economic growth, and his ruling African National Congress (ANC) backs the plan, two senior party. . .  Full story

Wall St rises on upbeat trade news

17/08 U.S. stocks closed higher on Friday, with the S&P 500 and the Dow Jones Industrial Average extending gains and the Nasdaq turning positive on reports of progress in tariff disputes between the United States. . .  Full story

Most Read Yesterday

Tesla stock sinks after Musk gives tearful NYT interview

17/08 Tesla Inc's shares slumped 9 percent on Friday after Chief Executive Officer Elon Musk told the New York Times he was under major emotional stress and was preparing for "extreme torture" from short sellers.. . .  Full story

Leftists rattle rand with plan to nationalise South Africa's central bank

17/08 Opposition firebrand Julius Malema introduced a bill to nationalise South Africa's central bank, raising pressure on the ruling ANC to go through with a plan it shelved this year and rattling. . .  Full story

South Africa's rand slides as lira plunge triggers EM sell-off

17/08 South Africa's rand weakened against the dollar on Friday, tracking its emerging market peers lower as the Turkish lira slid.. . .  Full story

S.Africa's cbank says nationalisation bill won't impact its independence

17/08 South Africa's central bank said on Friday that a proposed amendment bill aimed at nationalising the institution would have no impact on its independence or primary mandate of price stability.. . .  Full story

Afraid of no-one and ready for a long strike, union leader tells Implats

16/08 Members of South Africa's AMCU mining union are ready to strike for a year if necessary and would bring the platinum belt to a standstill if Impala Platinum carries out plans to cut up. . .  Full story

Standard Bank interim results June 2018

16/08 Total income for the interim period rose to R65.5 billion (R61.2 billion). Profit for the period attributable to ordinary shareholders jumped to R12.7 billion (R12.3 billion). In addition, headline earnings per. . .  Full story

South Africa's Ramaphosa to appoint inquiry into $130 bln state pension fund

16/08 South African President Cyril Ramaphosa has agreed to set up a commission of inquiry into alleged governance failures at the state-owned pension fund, the Finance Ministry said on Thursday.. . .  Full story

MTN - results of MTN Zakhele Futhi Offer

22/11 Unless defined in this announcement or if the context dictates otherwise, capitalised terms used in this announcement have the same meanings as given in the circular to MTN Shareholders dated 6. . .  Full story

Oil rises in session, but has weekly loss on trade worries

17/08 Crude prices rose on Friday, but declined on the week on worries that oversupply would weigh on the U.S. market while trade disputes and slowing global economic growth would dampen demand for oil.. . .  Full story

Most Read This Month

Investors buy big in bonds, flee gold in large numbers-BAML

20/07 Global investors ploughed $5 billion into bonds and withdrew money from gold and European equities in the past week, as fears of a trade war encourage investors to seek safety in fixed income, Bank. . .  Full story

South African rand slumps after Moody's warning, stocks tumble

15/08 South Africa's rand slumped on Wednesday as ratings agency Moody's warned that the pace of fiscal consolidation in Africa's most industrialised nation had slowed and retail sales data disappointed, underlining the. . .  Full story

South Africa's Imperial CEO to extend medical leave after stroke

30/07 South African transport group Imperial Holdings said its chief executive officer would extend his medical leave until January 2019 after suffering a minor stroke.. . .  Full story

Russia's Putin raises nuclear deal at Ramaphosa meeting during BRICS

26/07 Russian President Vladimir Putin raised the subject of a nuclear deal at a private meeting with South African President Cyril Ramaphosa at the BRICS summit in Johannesburg, but his host said. . .  Full story

South Africa's rand at six-week low as emerging market currencies slip

10/08 South Africa's rand slipped to six-week lows early on Friday and government bonds weakened sharply, as slides in the Russian rouble and Turkish lira combined with escalating global trade tensions to. . .  Full story

GRAPHIC-Trillion dollar wipeout: world stocks' worst first half since 2010

02/07 If last year's financial markets boom was down to a 'Goldilocks' global economy, 2018 has so far been all about the bears, with the worst start to a year for world stocks since 2010.. . .  Full story

Naspers creates new video on demand unit as Netflix rivalry heats up

08/08 Naspers' video entertainment division has created a new over-the-top (OTT) video unit to be headed by Niclas Ekdahl in a bid to counter stiff competition for video on demand from global players such as Netflix.. . .  Full story

S.Africa’s Ramaphosa proposes new sovereign wealth fund: party officials

14/08 South African President Cyril Ramaphosa has proposed setting up a sovereign wealth fund to help boost economic growth, and his ruling African National Congress (ANC) backs the plan, two senior party. . .  Full story

South Africa orders probe into $150 bln state pension fund: treasury

25/07 South Africa's finance minister on Wednesday ordered an independent inquiry into state pension manager the Public Investment Corporation (PIC), following corruption allegations involving high-ranking executives, the National Treasury said.. . .  Full story

Chinese investors plan $10 bln metallurgical complex in South Africa

27/07 Chinese investors signed agreements to build a $10 billion metallurgical complex in South Africa during President Xi Jinping's state visit this week and hope to start construction next year, an executive involved in the project. . .  Full story

South Africa's rand firms on $14.7 billion China investment

24/07 South Africa's rand firmed more than one percent on Tuesday to a three-day best after President Cyril Ramaphosa said China would invest $14.7 billion in the local economy, spurring some offshore. . .  Full story

Ramaphosa ally Gordhan to oversee struggling South African Airways

01/08 South African President Cyril Ramaphosa on Wednesday transferred oversight for struggling national airline South African Airways (SAA) to the public enterprises ministry, which is led by close Ramaphosa ally Pravin Gordhan.. . .  Full story

Amazon expands in Cape Town, stepping up cloud rivalry with Microsoft

25/07 Amazon.com Inc is expanding its presence in the emerging tech hub of Cape Town, upping the ante in its regional battle with cloud computing rival Microsoft Corp.. . .  Full story

South Africa's Ramaphosa to appoint inquiry into $130 bln state pension fund

16/08 South African President Cyril Ramaphosa has agreed to set up a commission of inquiry into alleged governance failures at the state-owned pension fund, the Finance Ministry said on Thursday.. . .  Full story

South African regulators prohibit Murray & Roberts from seeking Aveng tie-up

02/08 South Africa's Murray & Roberts said on Thursday regulators have prohibited the construction firm from seeking a merger with rival Aveng Ltd .. . .  Full story

Gold Fields boss says not resigning after S.Africa minister's rebuke

16/08 Gold Fields' chief executive officer Nick Holland said on Thursday he was not considering resigning after mines minister Gwede Mantashe blamed the company's plan to cut jobs at its struggling South. . .  Full story

Curro interim results June 2018

14/08 Revenue for the interim period increased 18% to R1.242 billion (2017: R1.051 billion), earnings before interest, taxation, depreciation and amortisation ("EBITDA") jumped 31% to R335 million (2017: R255 million), profit attributable. . .  Full story

South African rand surrenders gains as economy concerns weigh

16/08 South Africa's rand surrendered its earlier gains in late trade on Thursday due to lingering concerns over the economy, while a rebound in market heavyweight Naspers brought some relief on the bourse.. . .  Full story

Leftists rattle rand with plan to nationalise South Africa's central bank

17/08 Opposition firebrand Julius Malema introduced a bill to nationalise South Africa's central bank, raising pressure on the ruling ANC to go through with a plan it shelved this year and rattling. . .  Full story

South Africa's rand hits 2-year low, bonds tumble as Turkey rout spreads

13/08 South Africa's rand plunged to a 2-year low against the dollar in early trade on Monday and government bonds weakened sharply as a renewed rout in the Turkish lira spread to. . .  Full story

South Africa's rand, stocks recover from slip after ANC land move

01/08 South Africa's rand bounced back late on Wednesday as investors bought the currency cheap ahead of a policy decision by the U.S. central bank that could send the greenback higher.. . .  Full story

Ellies final results April 2018

30/07 Revenue for the year rose to R1.4 billion (R1.3 billion) whilst gross profit was higher at R402.8 million (R334.1 million). Profit from operations came to R76.6 million (loss of R62.0 million).. . .  Full story

S.Africa's 2018 growth to be "much lower" than initial forecasts: cbank

15/08 South Africa's economic growth this year will be "much lower" than initial expectations, the central bank said in a presentation to parliament on Wednesday, calling any recovery "weak and choppy".. . .  Full story

BlueTel - update

20/07 Blue Label notes the recent share price movements and the queries received from investors regarding Brett and Mark Levys Contract For Difference (CFD) exposure in relation to their interest in Blue. . .  Full story

AdaptIT - trading statement

01/08 A review by management of the financial results for the year ended 30 June 2018 has indicated that: - the earnings per share (EPS) is expected to be between 74.57 cents and. . .  Full story

World stock markets edge higher as U.S.-China trade tariffs kick in

06/07 World stock markets rose and the euro climbed to a three-week peak on Friday as the threat of tariffs by the United States and China on billions of dollars of trade became a reality,. . .  Full story

South Africa's central bank "nowhere near" intervention on rand - deputy governor

13/08 The South African Reserve Bank was surprised by the magnitude of the rand weakness early on Monday but forex market conditions where "nowhere near" requiring the bank to intervene, deputy governor. . .  Full story

BATS interim results June 2018

26/07 Revenue for the interim period increased to GBP11.636 billion (2017: GBP7.418 billion), profit from operations climbed to GBP4.438 billion (2017: GBP2.574 billion), profit for the period attributable to owners of the. . .  Full story

EXCLUSIVE-Shell global refining boss Ryerkerk to step down - memo

13/08 The head of Royal Dutch Shell's global refining operations Lori Ryerkerk will step down at the end of the month after five years in a job where she oversaw a vast overhaul of the. . .  Full story