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Rand strong ahead of US Fed, stocks ease
28 Oct 2015 /
Reuters
Traders continue to sell MTN shares.
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Companies and Deals
Vodacom’s acquisition of Neotel would harm competition – MTN
28 Oct 2015 /
Chris Spillane, Bloomberg
'Vodacom would be able to create a national LTE network, when its competitors are unable to do so,' it said.
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SA white corn falls most in four months
28 Oct 2015 /
Tshepiso Mokhema, Bloomberg
Stocks are forecast to last through to the new season.
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Glaxo profit tops estimates as HIV drug sales jumped
28 Oct 2015 /
Makiko Kitamura, Bloomberg
Revenue from the pharmaceutical division, its biggest business, declined 7%.
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Police clash with protesters at Wits University
28 Oct 2015 /
Reuters
As demonstrations over the cost of university education continue.
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Rand Water starts Gauteng restrictions
28 Oct 2015 /
Ana Monteiro, Bloomberg
Restrictions include watering gardens between 6am and 6pm.
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Petra sees diamond prices near floor as buying season looms
28 Oct 2015 /
Thomas Biesheuvel, Bloomberg
Rough diamond prices have fallen 17% this year.
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SA may stop funding 27 districts not paying Eskom
28 Oct 2015 /
Kevin Crowley, Bloomberg
'The culture of non-payment for services consumed must stop' - Treasury.
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Zuma says SA in ‘serious struggle’ amid global slump
28 Oct 2015 /
Franz Wild and Amogelang Mbatha, Bloomberg
'You can’t have a flourishing budget when the economy is in trouble,' he says.
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Total to resume South African offshore drilling next year
28 Oct 2015 /
Wendell Roelf, Reuters
Company to drill between 10-15 wells over the next three years across the continent.
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VW posts $3.85bn third-quarter loss
28 Oct 2015 /
Christoph Rauwald, Bloomberg
Impact of emissions scandal visible.
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Twitter results underline Dorsey’s turnaround challenge
28 Oct 2015 /
Sarah Frier, Bloomberg
'They have to change that conversation about what is Twitter’s audience, and how it will grow,' analyst says.
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Loan rate-cap plan in South Africa criticised, Sarb says
28 Oct 2015 /
Renee Bonorchis, Bloomberg
Lowest income earners to bear the brunt.
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SA economy at risk from possible US rate hike – Sarb
28 Oct 2015 /
Mfuneko Toyana, Reuters
Bank says country's high debt-to-GDP ratio cause for concern.
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AB InBev, SABMiller get takeover deadline extension
28 Oct 2015 /
Paul Jarvis and Thomas Buckley, Bloomberg
Brewer has until November 4 to make formal bid for competitor.
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