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LATEST Fast News  

Rand notches further gains, could lose steam

2 Apr 2015 /  Reuters
South Africa’s rand consolidated its overnight gains against the dollar Thursday, but could struggle to hold its ground given weak domestic economic fundamentals and looming rate hikes in the United States. At 0647 GMT, the rand traded 0.43 percent firmer at 11.9440 to the greenback, compared with Wednesday’s close at 11.9950 in New York. Government bonds were similarly firmer,

Icasa argues its mobile termination rate stance

2 Apr 2015 /  Duncan McLeod
'International best practice is to provide asymmetry to new entrants for a very limited period only'.

This hedge fund is mining Twitter for stock tips

2 Apr 2015 /  Sabrina Willmer, Bloomberg
People share more information than you might want to know on Facebook and Twitter.

With Jonathan, Africa’s list of good losers gets longer

1 Apr 2015 / 
Humbly admitting the game is up has become a cause for pride.

Turkey blackout not cyber attack, no risk to Europe power link-up

1 Apr 2015 / 
The major outage hit Turkish cities and provinces, including the capital Ankara and Istanbul.

Britain’s FTSE ends higher, manufacturing data supports

1 Apr 2015 / 
Country's manufacturing sector grew at the fastest pace in eight months.

Rand climbs as weak US data weighs on dollar

1 Apr 2015 /  Reuters
South African government bonds mirrored the stronger rand.

Shares creep higher, MTN up on Nigeria election

1 Apr 2015 /  Reuters
MTN shares ended nearly 6% higher, pushing Johannesburg's Top-40 index up 0.2% .

Barclays Africa CEO’s pay drops

1 Apr 2015 /  Renee Bonorchis, Bloomberg
After introduction of UK rules.

Nampak sees growth in its Africa business

1 Apr 2015 /  Reuters
South Africa lags behind.

BP faces investor discontent over CEO’s 2014 pay

1 Apr 2015 / 
Dudley's 2014 remuneration reached $12.7 million.

Impala to build power plant fired by fuel cells

1 Apr 2015 /  Andre Janse van Vuuren, Bloomberg
Use of platinum in fuel cells set to bolster demand for the metal. Project to help miner weather electricity shortages.

Vehicle sales barely changed y/y in March

1 Apr 2015 /  Reuters
Exports jumped by 38.5% y/y in the same month.

Vavi considers appeal

1 Apr 2015 /  Amogelang Mbatha, Bloomberg
Following his expulsion from Cosatu.

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