LATEST Fast News  


Stocks eye record highs as investors buy retailers

21 Apr 2015 /  Reuters
Supermarket chain Pick n Pay reached its biggest daily gain in a year.

Rand firms as Greece anxiety dampens euro

21 Apr 2015 /  Reuters
Offshore factors have been hurting emerging market sentiment.

Vodafone to work with MTN

21 Apr 2015 /  Chris Spillane, Bloomberg
On mobile-money transfers in sub-Saharan Africa.

Abil debt holders fail to find law compromise

21 Apr 2015 /  Mike Cohen and Renee Bonorchis, Bloomberg
What we are doing is in line with what is happening in the most-advanced economies - Treasury.

Steinhoff offers R1.2bn for rest of JD Group

21 Apr 2015 /  Reuters
Shares in JD Group spiked shortly after the news.

Rio Tinto’s Zim diamond production falls 42% in Q1

21 Apr 2015 /  Reuters
Confusion remains on whether the country's 15% export tax on unrefined platinum also applies to diamonds.

Immigrants fear attacks, face police harassment

21 Apr 2015 /  Franz Wild and Palesa Vuyolwethu Tshandu, Bloomberg
A congolese hairdresser said that every few weeks the police stop him on the street, ask for proof he’s in the country legally, and often demand a R50 bribe.

No power cut on Tuesday – Eskom

21 Apr 2015 /  Reuters
The first time in over a week that the utility will not shed electricity.

Rand on backfoot as Greece woes hit EM

21 Apr 2015 /  Reuters
Local bonds were also weaker.

Cost cuts help lift Pick n Pay FY profit, dividend

21 Apr 2015 /  Reuters
Dividend up 28% to 98.50 cents per share.

World’s fastest train records speed of 603km/h

21 Apr 2015 /  Kiyotaka Matsuda, Bloomberg
A Central Japan Railway magnetic-levitation train traveled at the record-breaking speed in a test run.

The Fed still wants easy money

21 Apr 2015 /  Steve Matthews and Jeanna Smialek, Bloomberg
The era of zero rates may be drawing to a close but money will stay cheap for a long time to come.

Google almost bought Tesla

20 Apr 2015 /  Ashlee Vance, Bloomberg
On the verge of bankruptcy, the automaker sought a savior.

Rand weaker on Greece and China fears

20 Apr 2015 /  Reuters
Greece's financial woes have threatened to strangle appetite for risky emerging markets.

Stocks mostly flat, Pioneer hits high

20 Apr 2015 /  Reuters
Bidvest also made gains on the blue-chip index after Adcock indicated that Bidvest's offer to invest in it was "fair and reasonable".

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