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20/02 South Africa's new President Cyril Ramaphosa must quickly show international investors his government can implement reforms to take advantage of a weak dollar and growth in China, according to Citi's head of emerging markets.  Full story
20/02 The South African rand slipped on Tuesday, retreating from last week's three-year high as investors bagged profits ahead of the government's budget speech.  Full story
00h42 Santos Ltd, Australia's No. 2 independent gas producer, reported a more-than-fivefold rise in annual underlying profit on Wednesday, but did not declare a dividend.  Full story
20/02 South Africa's Public Enterprises Minister Lynne Brown on Tuesday ordered rail utility Transnet to report to law enforcement officials irregularities in the awarding of a 54 billion rand ($5 billion) contract to acquire locomotives in 2014.  Full story
00h00 A U.S. judge on Tuesday rejected billionaire investor Steven A. Cohen's request to temporarily seal a lawsuit accusing his hedge fund firm Point72 Asset Management LP of sexism toward women.  Full story
00h33 Some of the U.S. government's short-term borrowing costs rose to their highest level in more than nine years on Tuesday as the government raised $179 billion in the Treasury securities market to fund spending and make debt payments.  Full story
20/02 Shares of battery and technology metals developer Australian Mines Ltd surged on Tuesday after the company signed an off-take agreement with South Korean battery maker SK Innovation for nickel and cobalt from its flagship Sconi project.  Full story
02h04 China's steel producers are eager to unleash their mills' capacity when this winter's output curbs end next month, hoping for a repeat of last year's record profits based on high margins and less competition as outdated plants were closed.  Full story
17/02 The S&P 500 rose marginally on Friday to mark its biggest weekly increase in five years, although earlier gains evaporated after the indictment of Russians for meddling in the 2016 presidential election sent investors into defensive mode before a long weekend.  Full story
01h35 British Columbia moved on Tuesday to crack down on real estate speculators, expanding its foreign buyer tax and introducing a new speculation tax, as part of a wide-ranging strategy to cool housing prices in Canada's most expensive real estate market.  Full story
20/02 A Dutch court has ordered Steinhoff International to amend its 2016 accounts, handing victory to a former business partner in a dispute over the ownership of discount furniture store chain POCO, the crisis-hit retailer said on Tuesday.  Full story
20/02 South Africa's Public Enterprises Minister Lynne Brown on Tuesday ordered rail utility Transnet to report to law enforcement officials irregularities in the awarding of a 54 billion rand ($5 billion) contract to acquire locomotives in 2014.  Full story
20/02 South African deputy finance minister Sfiso Buthelezi said on Tuesday that Wednesday's budget will be presented by Finance Minister Malusi Gigaba, as speculation swirled about whether Gigaba would keep his job.  Full story
19/02 South Africa's finance ministry is set to spell out "tough decisions" in its 2018 budget on Wednesday to plug a revenue gap and narrow the deficit, providing an early look at how new President Cyril Ramaphosa plans to repair the ailing economy.  Full story
20/02 Net insurance premium revenue increased by 6% to R15.631 billion (2016: R14.703 billion), profit from operations rose 19% to R3.859 billion (2016: R3.249 billion), profit attributable to ordinary shareholders jumped 31% to R2.656 billion (2016: R2.028 billion), while headline earnings per sh  Full story
20/02 South Africa's new President Cyril Ramaphosa must quickly show international investors his government can implement reforms to take advantage of a weak dollar and growth in China, according to Citi's head of emerging markets.  Full story
20/02 The following results are the company's maiden results therefore are incomparable. Net rental and related income came in at EUR232.1 million whilst EBITDA was EUR216.9 million. Loss for the year attributable to equity holders of EUR579.7 million was recorded. Furthermore, headline earnings p  Full story
20/02 Royal Dutch Shell will expand deepwater output and turn a profit from its shale production in coming years as both together will help the oil major cope with a world of low crude prices, the head of its oil and gas production said on Tuesday.  Full story
20/02 The South African rand slipped on Tuesday, retreating from last week's three-year high as investors bagged profits ahead of the government's budget speech.  Full story
19/02 Shareholders are advised that ImplatsĘ headline earnings per share (HEPS) for the half year ended 31 December 2017 is expected to be a loss of between 17 and 26 cents per share compared to the half year ended 31 December 2016 HEPS loss of 71 cents, representing an improvement of between 76%  Full story
31/01 Steinhoff has reported its former chief executive Markus Jooste to South Africa's elite Hawks police unit over suspected corruption, its acting chairwoman told a parliamentary committee hearing on Wednesday.  Full story
15/02 Steinhoff International has appointed Richard Heis as Chief Restructuring Officer for the group, it said on Thursday, as the troubled South African retailer wrestles with the fallout from an accounting scandal.  Full story
24/01 South Africa's budget has involved making tough decisions to stabilise the country's debt and the country will feel some pain as a result, its finance minister said on Wednesday.  Full story
01/02 South African lender Capitec Bank Holdings dismissed Benguela Global Fund Managers' letter on Thursday, which had raised concerns about the lender's business practices.  Full story
24/01 Water levels at dams that supply South Africa's Cape Town fell further this week, data showed on Wednesday, the latest sign of a deepening crisis that could soon see people forced to queue for water rations.  Full story
11/02 South African tycoon Christo Wiese has cut his stake in retailer Steinhoff International, which has been embroiled in an accounting scandal, to 6.2 percent, regulatory filings show.  Full story
30/01 Capitec's Chief Financial Officer Andre du Plessis on Tuesday dismissed a report by U.S. firm Viceroy Research accusing the South African lender of overstating its income and assets, saying the allegations were "totally unfounded."  Full story
30/01 Shares in Capitec Holdings dropped as much as 25 percent after U.S. firm Viceroy Research said the South African lender overstates its financial assets and income, claims which the bank rejected.  Full story
24/01 The acting head of group capital at South Africa's Eskom has resigned, the state-owned power utility said on Tuesday, adding to a growing list of executives leaving the company.  Full story
02/02 South Africa's central bank has fined China Construction Bank (CCB) 75 million rand ($6 million) for non-compliance with the country's financial intelligence act, it said on Friday.  Full story
24/01 French furniture chain Conforama, which is a unit of troubled South African group Steinhoff, said it had reached agreement with Tikehau Capital for a financing line of 115 million euros ($141.9 million) over three years.  Full story
01/02 South Africa's government has asked the financial services regulator to consider launching a market abuse probe into Viceroy Research after its report on Capitec sparked a sell-off in the stock, it said on Thursday.  Full story
16/02 Nearly 6,000 workers at Clicks Group will share a 1.26 billion rand ($108 million) windfall from a share ownership scheme launched seven years ago as part of the South African retailer's efforts to meet quotas on black ownership.  Full story
16/02 South Africa will benefit from a wave of positive market sentiment under new President Cyril Ramaphosa, Finance Minister Malusi Gigaba said on Friday, as speculation swirled about whether he would keep his job.  Full story
30/01 Capitec dismissed allegations on Tuesday by U.S. firm Viceroy Research that it overstates its assets and income, while South Africa's central bank vouched for the financial health of the country's No.5 lender by market value.  Full story
06/02 South Africa's competition regulator said on Tuesday it would prosecute four companies for alleged price fixing and collusion in a tender for a contract awarded by power utility Eskom worth 4.5 billion rand ($373 million).  Full story
06/02 Stephen Koseff, the entrepreneur who co-founded Anglo-South African investment bank and asset manager Investec four decades ago, will step down as chief executive in October as part of a changing of the guard.  Full story
09/02 Steinhoff Africa Retail (STAR) reported a 15.5 percent increase in revenue for the quarter ended December on Friday, thanks mainly to a strong showing at discount clothing chains.  Full story
25/01 South Africa civil servants union, PSA, said on Thursday it had teamed up with Steinhoff's second-largest shareholder, the PIC, to pursue a class action lawsuit to recoup around 17 billion rand ($1.43 billion) of pensioners' money wiped out in the wake an accounting scandal.  Full story
15/02 Brian Joffe, one of South Africa's most respected dealmakers, will retire as chairman of food-service group Bid Corporation (Bidcorp) at the end of next month, the company said on Thursday.  Full story
19/02 South Africa's finance ministry is set to spell out "tough decisions" in its 2018 budget on Wednesday to plug a revenue gap and narrow the deficit, providing an early look at how new President Cyril Ramaphosa plans to repair the ailing economy.  Full story
31/01 Steinhoff has reported its former chief executive Markus Jooste to South Africa's elite 'Hawks' police unit, the company's acting chairwoman told parliament on Wednesday.  Full story
31/01 South Africa's rand firmed against the U.S. dollar on Wednesday, supported by a weaker greenback and data showing the country's trade surplus widened last year.  Full story
26/01 Japanese carmaker Toyota's South African unit recalled more than 700,000 vehicles because of an issue with safety bags used in the cars, an official at Toyota South Africa said.  Full story
08/02 South Africa's second-largest private hospital firm Netcare said on Thursday its chairman will retire after serving for more than 17 years on the board.  Full story
06/02 South Africa's rand firmed against the dollar on Tuesday as the market positioned for the possible removal from office of President Jacob Zuma, while share prices hit a four-month low as the global stocks rout intensified.  Full story
15/02 South Africa's new leadership will need to be prudent and creative in managing the economy to avoid a credit rating downgrade, by raising taxes without suffocating a chance for growth, a Reuters poll found.  Full story
30/01 Shares in Capitec Holdings fell more than 10 percent in mid-morning trade after a U.S. firm, Viceroy Research, said the South African lender overstates its financial assets and income.  Full story
27/01 Steinhoff bought itself some breathing space on Friday by plugging a short-term funding gap as the troubled South African retail group wrestles with the fallout from an accounting scandal.  Full story
14/02 South Africa's President Jacob Zuma said on Wednesday an order by the African National Congress (ANC) that he step down as head of state was "unfair" as the party had not spelled out what he had down wrong.  Full story


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