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LATEST Fast News  

Rand weaker after Fitch warns of offshore reliance

30 Apr 2015 /  Reuters  
Currency failed to hold to Wednesday's momentum.

Tencent to invest $126m in Kim Kardashian game developer

30 Apr 2015 /  Lulu Yilun Chen, Bloomberg  
The Kim Kardashian game collected $29.3m in sales for Glu in the fourth quarter.

Pepkor to double Nigeria stores to attract middle class shoppers

30 Apr 2015 /  Yinka Ibukun, Bloomberg  
Plans 10 store openings per year through 2018.

Europe unseats US as best place to invest

29 Apr 2015 /  Rich Miller, Bloomberg  
Continental optimism in Bloomberg poll.

Mugabe says neighbours should stop flow of migrants to SA

29 Apr 2015 /     4
Denies African governments are pushing citizens away

SA stocks fall for 2nd day ahead of Fed decision

29 Apr 2015 /  Reuters  
The benchmark Top-40 index was down 0.95%.

Rand gains 1.2% as market bets on dovish Fed

29 Apr 2015 /  Reuters  
Prompting investors to unwind long dollar positions.

SA slightly raises 2015 maize output to 9.762 million tonnes

29 Apr 2015 /  Reuters  
The harvest estimate slightly fell short of the market's expectations.

Tshwane seeks proposals to renovate coal-fired power plants

29 Apr 2015 /  Tshepiso Mokhema and Antony Sguazzin, Bloomberg   
'We have these two power stations - we need to operate them at capacity'.

Miners push European stocks toward worst two-day slump of 2015

29 Apr 2015 /  Namitha Jagadeesh and Roxana Zega, Bloomberg  
Investors await cues from the Fed.

MasterCard ‘keen’ on China

29 Apr 2015 /  Elizabeth Dexheimer, Bloomberg  
May operate there by 2016, CEO says.

Amplats sees 474 job cuts as part of 2013 restructuring plan

29 Apr 2015 /  Paul Burkhardt, Bloomberg  
Miner initially estimated it would cut as many as 14 000 positions.

South Africa needs choice before carbon tax – city official

29 Apr 2015 /  Rene Vollgraaff and Tshepiso Mokhema, Bloomberg  
The Davis Tax Committee is reviewing the scope and design of the proposed carbon tax.

Dangote Sugar says Q1 pretax profit down 52%

29 Apr 2015 /  Reuters  
Dangote Sugar said on Wednesday its first quarter pretax profit dropped 51.9 percent to 3.79 billion naira ($19 million), compared with the same period last year. Revenue also fell to 22.52 billion naira in the period to end-March against 25.88 billion naira last year, the company said in a statement but gave no reason for

Rand firms ahead of US Fed statement

29 Apr 2015 /  Reuters  
South Africa’s rand firmed slightly on Wednesday, extending overnight gains ahead of a US Federal Reserve briefing that could give direction on when the regulator will raise interest rates. At 06:00 GMT the local currency was 0.17% firmer to 11.8480 per dollar, adding to gains in the previous session that saw the unit climb close

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