Sector: Financials
The company is available at Interactive Brokers
JSE Limited (JSE:JSE) is a multi-asset class securities exchange, offering investors deep liquidity across its product range. It provides:
It also regulates the primary and secondary markets. The JSE’s risk management structures guard effectively against systemic risk to which the Exchange and investors might otherwise be exposed.
The JSE is licensed to operate under the Financial Markets Act, 19 of 2012.
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The operator of the JSE has proposed easing listing requirements in a bid to encourage smaller companies to the bourse.
2024-04-19 13:09 +02:00
Groupe Canal+ has disclosed that it has bought even more shares in MultiChoice Group in recent days.
2024-04-18 10:32 +02:00
A new report shows the number of millionaires in Africa fell sharply in the past decade, with South Africa hit particularly hard.
2024-04-17 13:14 +02:00
Brandon Foot, a long-serving executive at MultiChoice Group – including its subsidiary SuperSport – has passed away.
2024-04-12 18:50 +02:00
French broadcaster Canal+ has bought up another big chunk of shares in acquisition target MultiChoice Group.
2024-04-12 10:25 +02:00
Ellies Electronics has received buyout offers from unnamed third parties that its CEO believes could save the company.
2024-04-11 12:29 +02:00
One of the JSE’s longest-surviving technology companies is no more: Ellies Holdings will be wound up and shut down.
2024-04-10 17:43 +02:00
Reunert has announced it will merge IQbusiness and +OneX to create a single, client-focused IT integration business.
2024-04-10 09:41 +02:00
MultiChoice has agreed to work closely with Canal+ on a mandatory offer the latter must make to the former’s shareholders.
2024-04-08 08:06 +02:00
MultiChoice has rescinded a previous announcement that Imtiaz Patel would step down as its chairman with effect from 1 April.
2024-04-02 10:02 +02:00
Telkom is establishing a technology committee at board level, which will be headed by director Herman Singh.
2024-03-27 13:04 +02:00
Nampak has suffered a cyberattack in which an unknown third party has gained access to its IT systems.
2024-03-26 17:11 +02:00
David Kan, the late founder and former CEO of Mustek, is the focus of episode 3 of TechCentral’s TCS Legends.
2024-03-18 14:17 +02:00
The JSE has inked a deal with AWS to modernise its technology, including delivering real-time market data in the cloud.
2024-03-18 12:15 +02:00
Microgrids represent a paradigm shift, empowering communities to take control of their energy needs.
2024-03-13 12:55 +02:00
Stagnation in Homechoice’s legacy retail business has been offset by strong growth in its fintech offering.
2024-03-12 12:53 +02:00
Brett and Mark Levy will have to cough up tens of millions of rand each after Blue Label’s plans to expand in India went awry.
2024-03-08 12:31 +02:00
JSE-listed technology distributor Mustek has reported a 58.8% slump in headline earnings per share.
2024-03-06 09:45 +02:00
Groupe Canal+ has raised its offer to buy all the shares of MultiChoice, with the parties agreeing to exclusive talks.
2024-03-05 07:52 +02:00
Canal+ has been given an extra 25 days to make a mandatory offer to shareholders of MultiChoice Group.
2024-03-04 10:27 +02:00
MTN Group has warned it expects its headline earnings per share for the 2023 financial year to plunge by up to 80%.
2024-03-01 09:09 +02:00
TechCentral has a look at what Canal+ must do now to comply with takeover regulations in its pursuit of MultiChoice.
2024-02-28 12:35 +02:00
Groupe Canal+’s approach to MultiChoice Group about a potential acquisition has taken a dramatic turn.
2024-02-28 08:01 +02:00
A State IT Agency-appointed law firm has concluded that Mondli Gungubele need not abide by a court judgment ordering that the board the minister fired last year be reinstated.
2024-02-22 18:07 +02:00
Communications minister Mondli Gungubele must reinstate the board of Sita while he’s taking a court judgment on review.
2024-02-20 14:06 +02:00
Local stock exchanges like the JSE could consider approving the first bitcoin spot ETFs in 2024.
2024-02-19 15:29 +02:00
Well-known investor and businessman Duarte da Silva joins TCS Legends to discuss Jeremy Ord, Roux Marnitz, Alan Knott-Craig, Jens Montanana and Bill Venter.
2024-02-19 14:07 +02:00
Telkom has reported a 2% year-on-year improvement in revenue in the third quarter of its financial year.
2024-02-19 08:28 +02:00
Blue Label Telecoms said its underlying core headline earnings will decline by R100-million in its latest reporting period.
2024-02-15 11:12 +02:00
Lesaka Technologies has bought Touchsides, a data analytics and merchant services company, from Heineken.
2024-02-06 08:42 +02:00
The high court has overturned the decision by communications minister Mondli Gungubele to axe the Sita board.
2024-02-05 16:05 +02:00
In rejecting Groupe Canal+’s bid, MultiChoice Group made a rather interesting remark to investors on Monday.
2024-02-05 13:45 +02:00
MultiChoice Group’s board has rejected a bid by France’s Groupe Canal+ to buy out the JSE-listed broadcaster.
2024-02-05 07:43 +02:00
The French broadcaster has claimed it can work around local ownership rules. Experts don’t necessarily agree.
2024-02-04 13:28 +02:00
Vodacom Group, including Safaricom, has topped 200 million customers for the first time – doubling from 100 million in 2018.
2024-02-02 09:57 +02:00
MultiChoice has disclosed details of the monetary investment it and partner Comcast are making in Showmax.
2024-02-01 11:45 +02:00
Former State IT Agency CEO Bongani Andy Mabaso has joined JSE-listed Altron as group chief technology officer.
2024-02-01 10:14 +02:00
Canal+ said it expects to offer R105/share for MultiChoice, or a 40% premium to the closing price on 31 January.
2024-02-01 07:13 +02:00
One of the JSE’s longest-surviving technology companies has been placed into voluntary business rescue.
2024-01-31 12:05 +02:00
Telkom said close collaboration with the police, aimed at nailing cable thieves, is achieving solid results.
2024-01-29 11:13 +02:00
Datacentrix CEO Ahmed Mahomed tells TechCentral Show about the technology company’s acquisition by Convergence Partners.
2024-01-22 15:55 +02:00
Convergence Partners has agreed to buy South African IT services group Datacentrix from Alviva Holdings.
2024-01-17 10:21 +02:00
Sekunjalo has claimed it plans to sue President Cyril Ramaphosa and state organs for R75-billion.
2024-01-16 10:54 +02:00
The deal will bring AI, digital, enterprise and cloud services to 300 million businesses and consumers in Africa and Europe.
2024-01-16 09:21 +02:00
MultiChoice Group said it is open to US media giant Comcast acquiring a larger stake in its video streaming platform, Showmax.
2024-01-15 13:52 +02:00
It’s been nearly a decade of waning foreign interest in South African stocks, with outflows exceeding R935-billion in that time.
2024-01-09 14:35 +02:00
Telkom on Monday renewed a “cautionary notice” to investors, saying it remains in exclusive talks with a preferred bidder.
2024-01-08 15:57 +02:00
Executives at MTN Group have received millions of rand in shares as part of the firm’s performance share plan.
2024-01-03 14:50 +02:00
The JSE has warned AEEI and Ayo Technology Solutions that they could have their shares suspended from trading.
2024-01-03 11:46 +02:00
The Special Investigating Unit and Telkom were in court again on Monday.
2023-11-27 16:24 +02:00
Telkom is engaged in “exclusive negotiations” with a preferred bidder regarding the sale of Swiftnet.
2023-11-21 07:25 +02:00
Retail group TFG’s online sales now make up almost 10% of its turnover, more than double the market average.
2023-11-10 10:15 +02:00
Luminous Power Technologies, a subsidiary of Schneider Electric, has entered the South African market.
2023-10-30 11:10 +02:00
Forty years after the company’s founding, the storied South African IT brand Dimension Data will cease to exist from next year.
2023-10-27 11:25 +02:00
JSE-listed MTN Group said it’s reviewing a demand by a Nigerian tribunal for unpaid taxes.
2023-10-25 18:04 +02:00
Ahead of the impending relaunch Showmax, MultiChoice has announced further management changes at the unit.
2023-10-19 08:34 +02:00
Vodacom Group has agreed to a secondary listing on the A2X stock exchange.
2023-10-18 17:23 +02:00
The JSE has made a play to corner the continent’s nascent carbon market.
2023-10-13 07:37 +02:00
Metrofile has launched rand-based storage, allowing companies to store large volumes of historical data at relatively low cost.
2023-10-05 10:26 +02:00
The rand weakened in early trade on Thursday, nearing the R19.50/$ mark – close to a record low.
2023-10-05 09:57 +02:00
Technology group Mustek has reported more than R10-billion in annual sales, an improvement of 13.7% over 2022’s numbers.
2023-09-19 08:43 +02:00
Rain shareholder African Rainbow Capital Investments has valued the wireless broadband upstart at R22.2-billion.
2023-09-14 10:06 +02:00
Value Capital Partners, chaired by former Brait CEO Antony Ball, recently made further big purchases of Altron shares.
2023-08-31 15:46 +02:00JSE:PPH JSE:TBS JSE:BYI JSE:AVI JSE:TKG JSE:KAP JSE:JSE JSE:ADH JSE:SUI JSE:PPC JSE:BAT JSE:ADR JSE:ISA
Blue Label Telecoms has agreed to acquire control of Cell C, taking its shareholding beyond 50%.
2023-08-30 13:11 +02:00
Ellies Holdings has been given the green light to buy Bundu Power, a deal it said is critical to its turnaround plans.
2023-08-29 11:15 +02:00
MultiChoice Group has appointed two heavy hitters from the UK’s Sky Group to its board of directors.
2023-08-25 14:06 +02:00
Blue Label Telecoms has cautioned shareholders that Cell C will be a drag on its full-year earnings.
2023-08-24 15:27 +02:00
Signs that South Africa’s energy supply crisis is easing bode well for the rand, experts say.
2023-08-17 07:19 +02:00
Reunert, one of South Africa’s longest-lived companies, will begin trading on the A2X next week.
2023-08-07 14:16 +02:00
MultiChoice’s DStv streaming service, previously known as DStv Now, has a new name and several new features.
2023-08-01 10:25 +02:00
Telkom’s Openserve has grown the number of homes passed with its own fibre broadband infrastructure to 1.1 million.
2023-07-31 09:55 +02:00
TechMarkit has launched a laptop library to provide computers to South Africans, free of charge.
2023-07-27 16:36 +02:00
Altron shares fell sharply on Wednesday after the technology group warned of challenges at two subsidiaries.
2023-07-26 13:44 +02:00
EOH Holdings chief financial officer Megan Pydigadu has tendered her resignation.
2023-07-25 20:08 +02:00
Perennial underperformer Ellies has warned it will splash more red ink over its income statement.
2023-07-25 14:27 +02:00
Luke Jedeikin and Claude Hanan, well known for founding Superbalist, join the TechCentral Show to unpack their new venture.
2023-07-17 15:26 +02:00
Telkom’s board has rejected an acquisition proposal from a consortium that includes its former group CEO, Sipho Maseko.
2023-07-07 15:50 +02:00
Canal+ has increased its stake in MultiChoice to 31.7%, taking it closer to a potential mandatory offer to other shareholders.
2023-07-02 12:47 +02:00
Nine teenagers were shot early Sunday at an after-prom party in Jasper, Texas, prompting what will be an increased police presence at the town`s high school this week, officials said.
2023-04-23
The South African rand and stocks rose on Tuesday as the dollar weakened after data showed a further decline in U.S. inflation, raising the prospect that the pace of Federal Reserve interest rate hikes will ease.
2022-12-13
South Africa`s rand weakened against the dollar on Thursday after the central bank hiked its main lending rate by 75 basis points to tame rising inflation.
2022-11-24
South Africa`s rand steadied on Monday as investors were cautious ahead of U.S. inflation data later this week, which could influence the Federal Reserve`s monetary policy.
2022-10-10South Africa`s rand weakened on Thursday as the dollar hit a fresh two-decade high after U.S. data showed a strong economy, raising more expectations of higher interest rates from the Federal Reserve.
2022-09-01
The South African rand fell on Thursday, extending the previous day`s losses, as the dollar bounced on investor uncertainty surrounding the pace of interest rate hikes by the U.S. Federal Reserve to tame inflation.
2022-08-18
The South African rand gave up gains on Wednesday after the dollar recovered on a surprise pick up in the U.S. service sector in July, supporting views that the U.S. economy was not in recession.
2022-08-03
South Africa`s rand steadied against the dollar on Monday, after the U.S. currency fell to a more than 1-week low as traders pared bets on how aggressively the Federal Reserve would hike interest rates next week.
2022-07-18
South Africa`s rand edged lower on Thursday, after poor mining and industrial production data dampened investor confidence, and the dollar bounced back ahead of U.S. inflation data.
2022-06-09JOHANNESBURG (Reuters) -The South African rand slipped on Tuesday, as the dollar bounced back supported by demand for safe havens over ongoing inflation concerns.
2022-05-31
(Reuters) -South Africa`s Gold Fields Ltd`s is set to become one of the four biggest gold miners in the world after agreeing to acquire Canada-based Yamana Gold in a $6.7 billion all-share deal, the biggest in the region in years.
2022-05-31
* Yamana part owns Canada`s biggest gold mine (Updates share price moves, recasts)
2022-05-31South Africa`s efforts to wean itself off coal and focus on renewables, battery storage, electric vehicles and setting up a green hydrogen economy would require funding of over a trillion rand ($63.70 billion) by 2030, a top government official said on Tuesday.
2022-04-26
* Gold miners` shares soar on Russia-Ukraine crisis (Recasts with CEO interview, details)
2022-02-28A South African crew member suspected of having the Omicron variant of COVID-19 is among the 17 cases of the virus detected on a cruise ship that disembarked in New Orleans over the weekend, the cruise line said on Monday.
2021-12-06
South Africa`s rand slumped to its worst ever in a year against the dollar on Friday as contagion effects of the meltdown of Turkish lira on emerging market currencies played alongside concerns of rising coronavirus cases and lockdowns in Europe.
2021-11-19
South Africa`s rand strengthened early on Friday, recovering some ground lost a day earlier when the currency was caught up in emerging market contagion linked to a big Turkish rate cut.
2021-11-19MTN Group Ltd will begin book-building this month for a public offer to sell up to 575 million shares in its Nigeria business, South Africa`s biggest telecoms operator said on Thursday, as it reported higher third-quarter revenue and core profit.
2021-11-05
South Africa`s rand weakened on Friday, reversing some early gains and was set to close the week with an overall loss of almost 3.8% as the U.S. dollar rose and weak domestic economic data weighed on sentiment.
2021-09-17
South Africa`s Johannesburg Stock Exchange failed to open equity market trading as usual at 9 a.m. (0700 GMT) on Wednesday as record high trading volumes the previous day snapped its systems, the company said.
2021-08-18
South Africa`s rand steadied against the dollar in afternoon trade on Wednesday, with market attention pinned on the release of minutes from the U.S. Federal Reserve later in the day.
2021-07-07JSE:AGL JSE:AMS JSE:SSW JSE:SLM JSE:NPH JSE:AVI JSE:JSE JSE:HUG
JOHANNESBURG (Reuters) -South Africa`s Thungela Resources, newly spun-off from Anglo American, is valued at roughly 3.4 billion rand ($253 million) after listing on the Johannesburg Stock Exchange on Monday in a test of investor appetite for coal miners.
2021-06-07
South Africa`s rand firmed on Friday and looked set for weekly gains, thanks to a rise in commodity prices and a weakening U.S. dollar as investors turned to riskier but high-yielding assets.
2021-06-04
South Africa`s rand weakened on Thursday, stepping back from a more than two-year peak hit earlier in the session, as the dollar rose after stronger-than-expected U.S. private payrolls data that suggested an improving labour market.
2021-06-03
The South African rand rallied to its highest in more than two years against the dollar on Wednesday, as investors cheered the latest evidence of a sustained rebound in global economies and as U.S. Treasury yields pulled back.
2021-06-02JOHANNESBURG (Reuters) -South Africa`s rand firmed on Friday as global risk demand was aided by signs the United States central bank would keep lending rates low despite rising inflation.
2021-05-14JOHANNESBURG (Reuters) -South Africa`s rand firmed on Thursday, recovering alongside other emerging market currencies following the surprise inflation increase in the United States, as investors saw smaller chances of higher lending rates by the Federal Reserve.
2021-05-13AMSTERDAM (Reuters) -Dutch-listed technology investor Prosus NV plans to raise its stake in South African parent Naspers to nearly 50% in a share swap deal that will move part of their huge holding in China`s Tencent to Amsterdam from Johannesburg.
2021-05-12South Africa`s rand weakened on Friday as weaker-than-expected Chinese factory indicators and firmer economic growth in the United States put demand for riskier currencies under pressure.
2021-04-30South Africa`s rand firmed up early on Thursday after the U.S. Federal Reserve struck a more dovish than expected tone after its policy-setting meeting, boosting global risk demand and dragging down the dollar.
2021-04-29South Africa`s rand was weaker early on Wednesday as caution set in ahead of the U.S. Federal Reserve`s latest policy decision, which will likely set the tone for global currency trading in the coming sessions.
2021-04-28South Africa`s rand edged higher early on Monday in thin trade ahead of a national holiday, with traders unlikely to take many big bets ahead of some key data due later in the week.
2021-04-26
South Africa`s lending rate remains accommodative and sufficient to support an economic recovery, central bank governor Lesetja Kganyago said on Thursday, adding that the bank would keep targeting inflation to keep foreign investors happy.
2021-04-22South Africa`s rand edged firmer to a new five-week best on Tuesday, boosted by greater risk demand as U.S. treasuries slipped and global commodity prices rallied.
2021-04-06South Africa`s rand extended gains against the U.S. dollar on Thursday, as positive manufacturing activity and new vehicle sales data pointed to a recovery in the economy.
2021-04-01South Africa`s rand fell on Friday, but it looked set for weekly gains as riskier currencies broadly received a boost from the U.S. Federal Reserve maintaining its dovish stance.
2021-03-20Global auditor KPMG`s South Africa arm will no longer offer "non-audit-related services" to companies listed in the country, the firm said on Monday, hoping to restore trust in its operations there.
2021-02-15
South Africa`s rand weakened on Friday, as a rally in riskier assets driven by hopes of U.S. economic stimulus faded, while stocks also fell.
2021-01-22
South Africa`s rand weakened against the U.S. dollar on Friday, in line with other emerging market currencies, as currency markets turned risk-averse to the benefit of the greenback.
2021-01-15
South Africa`s state-owned Industrial Development Corporation (IDC) said it would diversify its equity investments after reporting on Monday a sharp decline in the value of its top three holdings in listed companies.
2020-10-26
South Africa`s rand fell more than 1% on Wednesday as the dollar grinded higher, boosted by its renewed safe-haven appeal amid concerns about a second wave of coronavirus infections in Europe.
2020-09-23
South Africa is set see a wave of equity fundraising as banks` capacity to lend is under strain from rising bad debts just as corporations are in need of funds to cope with fallout from the coronavirus pandemic.
2020-09-23
South African stocks latched on to a global market sell-off on Monday spurred by rising coronavirus cases in Europe and dwindling prospects for another economic aid package in the United States.
2020-09-21
South Africa`s stock market corrected sharply during the week after a strong open on Monday as poor retail sales data and a host of bleak company outlooks added to the effects of weaker commodity prices and quarter-end profit taking.
2020-09-18
South Africa`s rand fell on Monday, giving back some of the big gains it made late last week as the dollar weakened, as sentiment was hit by speculation that infighting within the ruling African National Congress would prompt cabinet changes.
2020-08-31
South Africa`s mines ministry has given the green light for the sale of AngloGold Ashanti`s last remaining assets in the country to Harmony Gold on condition that it does not delist from the Johannesburg stock Exchange.
2020-08-26
The South African rand extended its gains against the dollar on Wednesday, as political wrangling over a stimulus package for the U.S. economy halted the U.S. currency`s rebound.
2020-08-12South African gold miners are looking to cut debt and boost dividends as bullion hits record highs, with analysts and fund managers predicting a sectoral growth spurt over the next two years amid rising investor interest.
2020-08-07
South Africa`s telecom operator Telkom has branched into the competitive space of financial services by launching a life insurance business that it said will initially sell funeral insurance.
2020-08-02
South Africa`s rand weakened on Thursday, pausing a recent rally to one-month highs as disappointing Chinese consumption data dampened investor hopes of a quick economic recovery from the COVID-19 pandemic.
2020-07-16
South Africa`s rand edged up on Tuesday as risk appetite improved after President Donald Trump offered reassurance that a U.S. trade deal with China was on track, quelling market concerns that Washington may be ditching the agreement.
2020-06-23
South Africa`s rand extended gains to a fresh 11-week high on Wednesday in a broad emerging market rally spurred by investor bets that a global economic recovery was taking hold after the coronavirus fallout.
2020-06-03
* Proposal still "at conceptual stage" (Adds finmin, GEPF comment, detail, context)
2020-05-28
South Africa has appointed a new chief executive of state-owned asset manager the Public Investment Corporation (PIC), the country`s finance ministry said in a statement on Wednesday.
2020-05-27
South Africa`s rand weakened on Friday as the emergence of a fresh source of tension between the United States and China after Beijing moved to impose a new security law on Hong Kong hurt demand for currencies seen as higher risk.
2020-05-22
South Africa`s rand rallied on Thursday after the country`s central bank cut its main lending rate by 50 basis points, while stocks fell on concerns over the long-term impact of the new coronavirus and simmering U.S.-China tensions.
2020-05-21
South Africa`s rand edged up on Wednesday as global risk appetite improved on hopes of an economic recovery, though investors remained cautious a day ahead of a central bank rate decision.
2020-05-20
South Africa`s rand extended a rally from the previous session on Tuesday, spurred by optimism about prospects for a COVID-19 vaccine and the re-opening of economies around the world.
2020-05-19
South Africa`s rand strengthened on Monday as demand for emerging-market currencies was boosted by further easing of lockdown regulations globally, while a rally in metals prices also helped commodity-linked currencies.
2020-05-18
South Africa`s rand fell on Friday and ended lower on the week as fears about a resurgence of coronavirus infections hurt sentiment toward the emerging markets.
2020-05-15
South Africa`s rand edged up early on Friday after plunging the day before, helped by reviving demand for commodities and investors looking to take profits from a recent dollar rally.
2020-05-15
South Africa`s rand inched firmer on Wednesday as investors stayed optimistic about the chances for easing lockdown restrictions in some countries despite increases in new coronavirus cases.
2020-05-13
South Africa`s rand firmed on Tuesday as demand for emerging markets was boosted by signs of easing tensions between China and the United States.
2020-05-12
South Africa`s rand weakened on Monday as optimism over the global economic recovery faded, with investors turning back to safe haven assets as a second wave of novel coronavirus infections hit South Korea and Germany.
2020-05-11
South Africa`s Johannesburg Stock Exchange (JSE) will offer temporary relief to companies in financial distress because of the coronavirus crisis, including cutting fees for new listings and extended payment terms, it said on Monday.
2020-05-11
South Africa`s rand firmed on Friday, with sentiment toward risk and emerging market currencies boosted by an easing in tensions between China and the United States and optimism about the re-opening of some economies around the world.
2020-05-08
South Africa`s rand firmed against the U.S. dollar on Monday, staging a technical rebound after a selloff in the previous session due to thin liquidity, while stocks closed lower.
2020-05-04
The South African rand firmed on Tuesday as risk sentiment globally improved, spurred by stimulus measures and talk by leaders around the world about easing lockdown measures.
2020-04-28
South Africa`s rand fell more than 1% on Friday as the country reported its first two deaths from the coronavirus and a sharp jump in new infections, just as a three-week national lockdown commenced to try to curb the outbreak.
2020-03-27
South Africa`s rand weakened on Monday, threatening to break through a lifetime low against the dollar as concerns over coronavirus infections and likely stricter measures weighed on already shaky sentiment, as stocks fell.
2020-03-23
South Africa`s rand was firmer early on Friday after the central bank sharply cut interest rates and introduced a raft of new liquidity measures to blunt the effects of the coronavirus pandemic on its economy.
2020-03-20
South Africa`s rand advanced on Tuesday, holding on to gains from previous sessions triggered by a global investor hunt for high yields and optimism over a breakthrough in trade standoff between China and the United States.
2019-12-31
South Africa`s rand was flat against the dollar on Friday, struggling for direction after surprise gains in the face of a darkening growth outlook following a week of nationwide power cuts and ongoing uncertainty over U.S.-China trade talks.
2019-12-13
South Africa`s rand tumbled to a two-week low on Tuesday, along with bonds and stocks, as a deepening power crisis and the spreading impact on business operations rattled investor sentiment.
2019-12-10
South Africa`s rand was barely changed in late trade on Friday, with fresh optimism over Sino-U.S. trade talks helping the currency to weather stronger employment numbers from the United States.
2019-12-06
South Africa`s rand clawed back some lost ground on Wednesday with renewed optimism that China and the United States would strike a trade deal outweighing a surprise third-quarter contraction in the local economy.
2019-12-04
South Africa`s rand fell sharply on Tuesday after third quarter economic growth showed a surprise contraction, underlying the weak state of the economy and growing risk of credit downgrades.
2019-12-03
South Africa`s rand powered to a 5-week best as a contraction in the U.S. manufacturing sector boosted bids for risk and emerging markets` currencies and fuelled bets the Federal Reserve would cut lending rates.
2019-12-02
South Africa`s rand weakened on Friday, after nationwide electricity blackouts overnight by ailing state utility Eskom spooked investors and reignited worries about the economy.
2019-11-08
The South African rand inched weaker on Wednesday, backing away from a four-session peak as cautious investors awaited clues on the economy ahead of key manufacturing data and developments in U.S.-China trade talks.
2019-11-06
* Stocks slide as exporters hit by firming currency (Adds latest prices, analyst comments)
2019-07-22
South Africa`s rand edged higher against the dollar in early Friday trade and bond yields fell after the central bank cut its main lending rate by 25 basis points on Thursday in a widely expected move to counter floundering economic growth.
2019-07-19
South Africa`s rand was little changed late on Wednesday, struggling for momentum along with stocks as worries that a prolonged U.S.-China trade war will slow global growth put emerging markets under pressure.
2019-07-03
South Africa`s rand firmed on Tuesday as the prospect of monetary easing by the Federal Reserve knocked demand for the U.S. currency, which in turn supported developing world currencies.
2019-06-25
South Africa`s Naspers has been forced to delay the multi-billion euro flotation of its international internet assets, including its lucrative stake in China`s Tencent, after an admin error by a third party involved in the float.
2019-06-21
