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LATEST Fast News  

Spare a thought for Bank of Zambia’s chief

13 Mar 2015 /  Matthew Hill, Bloomberg  
After just a month in the hot seat, he's had to deal with the kwacha at an all-time low.

FastJet courts potential SA investors

13 Mar 2015 /  Mike Cohen, Bloomberg  
Aims to be the first pan-African discount airline.

Sappi sells eurobond at record low coupon 

13 Mar 2015 /  Andre Janse van Vuuren, Bloomberg  
To pay off a €250m bond due April 2018.

UK to join China-backed Asian development bank

13 Mar 2015 /  Reuters  
US concerned about AIIB having high enough governance, environmental and social safeguards standards.

Weak local fundamentals keep the rand on the ropes

13 Mar 2015 /    
Local news flow may have weighed on the rand - RMB analyst.

SABC non-exec director removed

13 Mar 2015 /  Sapa   1
The board passed a vote of no confidence in Hope Zinde and removed her from the post.

Interest rates likely to rise in Q4

12 Mar 2015 /  Vuyani Ndaba, Reuters  
Earlier than thought.

Weak rand double-edged sword for mining companies

12 Mar 2015 /  Ed Stoddard and Silvia Antonioli, Reuters  
Cost inflation, wage claims and potential labour unrest outweighing the gains that exporters derive from currency weakness.

This 27-year-old made millions riding the death spirals of penny stocks

12 Mar 2015 /  Zeke Faux, Bloomberg  
Josh Sason profited by lending failing companies money.

Rand recovery seen short-lived, importers worried

12 Mar 2015 /   Mfuneko Toyana, Reuters  
Reuters poll expects Sarb to raise interest rates towards year-end.

Cold weather chills US retail sales

12 Mar 2015 /  Lucia Mutikani, Reuters  
May impact Q1 growth estimates; jobs market firming.

SA stocks rebound from three-day losing streak

12 Mar 2015 /  Reuters  
Banks gained, retailers on the downside.

Eskom bond yields climb after CEO suspended

12 Mar 2015 /  Andre Janse van Vuuren, Bloomberg   1
Power utility asked Matona and the financial director to 'step aside' while an inquiry into its business is conducted.

Massmart taps Bharti Airtel executive as CFO

12 Mar 2015 /  Reuters  
Company is in the middle of expansion into other African currencies where it has been met with difficulties.

Gemfields targets Colombia entry as profit surges

12 Mar 2015 /  Andrew Willis, Bloomberg  
Company's gross margin of 66% makes it the most profitable company among global peers.

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