LATEST Fast News  

September new vehicle sales down 9%

1 Oct 2015 /  Reuters
Exports up 14.3%.

Anglo American closes Mozambique office

1 Oct 2015 /  Tom Bowker, Bloomberg
Amid cost-cutting push.

Q3 consumer confidence recovers from a 14-1/2 year low

1 Oct 2015 /  Reuters
But outlook for confidence 'remains low' - chief economist at FNB.

VW workforce starts to feel pinch

1 Oct 2015 /  Elisabeth Behrmann, Bloomberg
Following diesel-emissions scandal.

Glencore gains a third day to wipe out Monday’s record loss

1 Oct 2015 /  Thomas Biesheuvel, Bloomberg
China’s slowing demand for commodities and Glencore’s debt pile has spooked investors.

SA bonds a buy for Old Mutual after September selloff

1 Oct 2015 /  Xola Potelwa, Bloomberg
South Africa’s yields, among the highest in developing nations, are looking attractive.

Glencore cuts further 340 South Africa jobs as coal declines

1 Oct 2015 /  Andre Janse van Vuuren, Bloomberg
Company has lost more than two-thirds of its market value since March.

Rand extends gains, stocks open firmer

1 Oct 2015 /  Reuters
Stocks rallied in early trade along with Asian peers.

Nedbank pulls plug on prime broker as hedge funds stay away

1 Oct 2015 /  Colin McClelland, Bloomberg
With just two clients the decision to exit was made.

US-SA trade dispute risks $1.7bn of exports

1 Oct 2015 /  Rene Vollgraaff and Tshepiso Mokhema, Bloomberg
South Africa is fighting to retain duty-free access for exports to the US.

SA bonds a buy for Old Mutual after September selloff

1 Oct 2015 /  Xola Potelwa, Bloomberg
Foreigners dumped R7.3 billion of securities in September, the most this year.

Beige FY HEPS of -2.39 cents

1 Oct 2015 / 
Turnover declined by 23%

SAA delays AGM while awaiting state guarantee

1 Oct 2015 /  Liezel Hill, Bloomberg
The unprofitable state-owned carrier is working to meet conditions set by Finance Minister Nhlanhla Nene.

SA set for ‘extremely dry, hot conditions’ in Summer

1 Oct 2015 /  Tshepiso Mokhema, Bloomberg
Increased risk of localised drought.

Glencore cuts further 340 jobs as coal prices drop

1 Oct 2015 /  Andre Janse van Vuuren, Bloomberg
The company is closing depleted coal mines to withstand a downturn in commodity prices.

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