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LATEST Fast News  

Rand Water asks users to consume sparingly

23 Oct 2015 /  Tshepiso Mokhema, Bloomberg
This year’s low rainfall likely result of El Nino weather pattern.

SA stocks head for five-month high

23 Oct 2015 /  Neo Khanyile, Bloomberg
On China stimulus and ECB.

DBS, FirstRand in talks to buy RBS India unit – sources

23 Oct 2015 /  Michelle Price and Sumeet Chatterjee, Reuters
Deal could fetch about $200 million.

Rand drops in week as protests add to budget woes

23 Oct 2015 /  Xola Potelwa, Bloomberg
Weekly drop of 2.7%, now at 13.44 to the dollar.

Evraz opposes Highveld Steel rescue through court application

23 Oct 2015 /  Kevin Crowley, Reuters
Business-rescue practitioners will oppose Evraz’s application.

China’s central bank cuts rates for 6th time

23 Oct 2015 /  Koh Gui Qing and Winni Zhou, Reuters
Another attempt to jumpstart a slowing economy.

BHP seen approaching M&A sweet spot

23 Oct 2015 /  David Stringer, Bloomberg
This is a market for buying assets.
UPDATE
1

South Africa revises visa rules

23 Oct 2015 /  Paul Vecchiatto, Bloomberg
As tourism numbers decline.
UPDATE

Naspers takes control of Russia’s Avito in $1.2bn purchase

23 Oct 2015 /  Ilya Khrennikov, Bloomberg
Group will increase its stake to 67.9% from 17.4%.

Rand vulnerable to budget deficit, student protests

23 Oct 2015 /  Stella Mapenzauswa, Reuters
Firmer at 13.34 to the dollar.
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ANC risks young voter anger in education fee row

23 Oct 2015 /  Stella Mapenzauswa
Echoes of apartheid violence and students, police clash.

Is Grace Mugabe campaigning to become Zimbabwe’s next president?

23 Oct 2015 /  Mike Cohen and Chengetai Zvauya, Bloomberg
Grace is building her brand as a serious contender to replace her 91- year-old husband.
2

The biggest money mistake all couples make

23 Oct 2015 /  Moneyweb staff
Wealthy Ever After series hopes to educate couples on money management.

Drought may cause water shortages in SA’s biggest city

22 Oct 2015 /  Kevin Crowley, Bloomberg
Johannesburg and Pretoria may experience “localised problems” in water supply.

Rand bounces back after budget-related dip

22 Oct 2015 /  Reuters
Stocks rise, driven by Amplats.

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