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Group Five allows Greenbay’s R1.6 billion bid to lapse

Construction group's shares fell 11.2% following the announcement.

Bank, tech stocks lift Wall Street

PayPal jumps after upbeat earnings forecast.

Namibia tells Airbnb hosts to register or face jail

Unregistered providers of accommodation could face a fine, a two-year jail term or both.

Five things you need to know on Friday

Fed chair shortlist whittles down to two, the Senate adopts budget resolution, and it’s weekend election watch. 

SA expects to renew Total’s offshore exploration right

Right to be granted in second quarter of 2018.

Pilot strike at Mango airline ends

Airline agrees to 7% wage hike.

Rio said to hold talks with Indonesia on Grasberg mine exit

Talks come as Indonesia and Freeport are at loggerheads on ownership.

South32 is said to study bid for $1.6bn Rio coal portfolio

Rio selling Hail Creek, Kestrel coking coal mines in Australia.

Study links pollution to millions of deaths worldwide

Mostly through the diseases it causes including heart conditions, strokes and lung cancer.

Engie agrees to buy solar-power firm Fenix to expand in Africa

Nigeria is being evaluated as next new market alongside MTN.

Winnie Mandela ‘in high spirits’ after minor surgery

The anti-apartheid veteran will remain in hospital for two weeks as she recovers.

Stocks retreat from record, US Treasury yields slip

MSCI World Index pulls back from intraday record.

Rand snaps three-day losing streak, stocks down

Global risk-on mood helps the local currency.

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