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LATEST Fast News  

Rand hits one-week low against dollar

30 Mar 2015 /  Reuters
Emerging market currencies continue to suffer as the greenback strengthens.

Exxaro’s Sipho Nkosi to retire

30 Mar 2015 /  Paul Burkhardt, Bloomberg
After leading the company for seven years.
1

BHP manganese workers strike over bonuses

30 Mar 2015 /  Paul Burkhardt and Andre Janse van Vuuren, Bloomberg
Say bonuses are owed to them before the planned spin off to South32 takes place.

Results of mining charter review to be disclosed

30 Mar 2015 /  Reuters
Companies not in compliance could lose permits, mining rights.

Fitch cuts Nigeria’s credit-rating outlook to negative

30 Mar 2015 /  Paul Wallace, Bloomberg
On oil prices and rising political risks.

SAA awaits state go-ahead for airbus deal swap

30 Mar 2015 /  Chris Spillane, Bloomberg
The preference for A330 planes will be more suitable for routes to the Middle East.

Eskom chairman to defend himself at board meeting

30 Mar 2015 /  Paul Burkhardt, Bloomberg
The power utility's board will decide Monday whether to remove the chairman following the suspension of CEO Tshediso Matona.

SA government bonds weaken

30 Mar 2015 /  Mfuneko Toyana, Reuters
Following slightly hawkish Sarb policy statement and signals of a US rate hike.

Rand extends losses against dollar, bonds weaker

30 Mar 2015 /  Reuters
Wage demands also likely to pressure the local currency.

Censures imposed on CEO of Bonatla Property

30 Mar 2015 / 
Also fined R500 000 (R250 000 of which is suspended for twenty four months).

SA citrus growers skirt Spain due to disease test dispute

30 Mar 2015 /  Bloomberg
An expert sent to Spain to inspect the testing methodology was refused access.

DA wants answers from Ramaphosa on Eskom

29 Mar 2015 /  Sapa
Requested a comprehensive report on the maintenance needs of Eskom's power stations, the likelihood of a national blackout.
1

No chopper use by Zuma family: SANDF

29 Mar 2015 /  Sapa
The presidency pays SANDF R63,000 an hour for the backup Oryx instead of the R70,000 an hour standard commercial tariff.

Too much of everything spurs commodity exodus as price wars rage

29 Mar 2015 /  Luzi Ann Javier and Marvin G. Perez, Bloomberg
Investors are bailing out of commodity funds at the fastest pace on record, and the exodus shows no signs of ending.
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