LATEST Fast News  

The devastation in global commodity currencies is far from over

5 Aug 2015 /  Lananh Nguyen, Bloomberg
Canada, Australia, New Zealand currencies set to plunge, OppenheimerFunds says.

Rand firmer, market eyes US jobs data for steer

4 Aug 2015 /  Reuters
The local currency has shed nearly 10% of its value against the greenback this year

Stocks rise, Nedbank leads financials higher

4 Aug 2015 /  Reuters
Kumba Iron Ore plumbs an all-time low.

US fund managers tapping into African beer market

4 Aug 2015 /  Tariro Mzezewa, Reuters
Favourable economics brought by local production are a recipe for a profitable outlook.

IMF review recommends delaying currency basket adoption of yuan

4 Aug 2015 /  Reuters
Says it did not meet criteria that it should be "freely usable".

NUM members said to reject gold wage offer

4 Aug 2015 /  Paul Burkhardt, Bloomberg
Harmony offer has been rejected by members - source.

Arcelormittal’s SA unit suspends job cuts plan – union

4 Aug 2015 /  Reuters
Wants to consult with trade unions before starting with the formal retrenchment process.

Bank shares lead European stock drop

4 Aug 2015 /  Alan Soughley and Camila Russo, Bloomberg
Greece falls for second day, BMW AG drops 1.2%.

SA wheat ends best run of gains in two years

4 Aug 2015 /  Tshepiso Mokhema, Bloomberg
as the rand strengthened against the dollar

Chinese tourist numbers to SA dive on slowdown, Ebola

4 Aug 2015 /  Paul Vecchiatto, Bloomberg
Tourism likely to slow further following new visa regulation implementation.

SA considering using ships to generate gas-based power

4 Aug 2015 /  Reuters
DG for energy planning says government is looking at all solutions, with the aim of generating an extra 3 000MW.

Glencore ordered to shut coal mine over job cuts

4 Aug 2015 /  Reuters
'The retrenchments ... were inhumanely conducted and disregarded all the legal prescripts'.

Rand recovers but remains vulnerable

4 Aug 2015 /  Reuters
US jobs data later this week remains in focus for market participants.

Eskom says paying too much for coal

4 Aug 2015 /  Reuters
As coal giant Glencore begins business rescue process at its SA coal unit due to Eskom's unreasonable supply contracts.

Mining shares fall to multi-year lows as metals drop

4 Aug 2015 /  Neo Khanyile, Bloomberg
Platinum on Tuesday weakened to the lowest level since January 2009.

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