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LATEST Fast News  

SA budget lifts rand to 13-month peak, bonds rally

24 Feb 2021 /  Karin Strohecker, Reuters   1
The rand strengthened as much as 1% versus the dollar to R14.39.

SA to bailout Land Bank after debt default

24 Feb 2021 /  Rene Vollgraaff, Bloomberg   2
Will receive R5 billion in 2021-22, and R1 billion in each of the two subsequent fiscal years.

Ramaphosa pivots on budget as SA scraps tax hikes

24 Feb 2021 /  Mike Cohen and Prinesha Naidoo, Bloomberg   2
SA signaled a shift in budgetary policy, backtracking on planned tax increases.

East African nations will likely contain locust swarms, FAO says

24 Feb 2021 /  Samuel Gebre, Bloomberg  
Because of continuing pest-control operations and the prospect of poor spring rains.

EM-stocks hit 3-week lows led by HK shares

24 Feb 2021 /  Susan Mathew, Reuters  
SA budget eyed.

Stocks, futures drop; bonds steady post-Powell: markets wrap

24 Feb 2021 /  Andreea Papuc, Bloomberg  
The dollar dipped.

Spur warns of up to 77% slump in H1 profit

24 Feb 2021 /  Nqobile Dludla, Reuters  
On Covid-19 hit.

Rand slips as investors await annual budget

24 Feb 2021 /  Promit Mukherjee, Reuters  
In early trade the rand was at R14.58 per dollar.

Adcock Ingram’s profit drops as pandemic hits demand

24 Feb 2021 /  Promit Mukherjee, Reuters  
The hit was somewhat cushioned by strong demand for immunity-boosting products.

Harmony Gold mulls digging farther at world’s deepest mine

24 Feb 2021 /  Felix Njini, Bloomberg   1
As SA producers find it harder to dig for dwindling ore reserves.

CEO who blamed his cancer on short sellers gets a year in prison

24 Feb 2021 /  Anders Melin and Bob Van Voris, Bloomberg  
“Prison time sends a deterrence message that can not be sent by any other punishment,” Judge Jed S. Rakoff said

These Covid billionaire fortunes are fading with the vaccine rollout

24 Feb 2021 /  Yoojung Lee, Bloomberg  
'We’re going to see a rotation from virus stocks to vaccine stocks.'

‘Buy the dip’ trends on Twitter

24 Feb 2021 /  Katie Greifeld, Bloomberg  
And stocks rebound from their lows.

Facebook faces year of reckoning

24 Feb 2021 /  Vlad Savov, Bloomberg   1
After showdown in Australia

Bitcoin climbs past $50 000 after backing from Ark’s Cathie Wood

24 Feb 2021 /  Bloomberg News    2
Token reminds investors of its volatility this week.

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