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LATEST Fast News  

Rand gains as global bond market calms

1 Mar 2021 /  Mfuneko Toyana, Olivia Kumwenda-Mtambo and Nqobile Dludla, Reuters  
JSE All-Share closes near a record high.

Denel says CFO resigns

1 Mar 2021 /  Alexander Winning, Reuters  
Extending string of departures.

Standard Bank to review ‘way forward’ on East Africa oil pipeline

1 Mar 2021 /  Paul Burkhardt and Roxanne Henderson, Bloomberg  
That environmental groups have opposed.

SA public sector unions table inflation-linked wage demands

1 Mar 2021 /  Wendell Roelf, Reuters   1
According to a labour document presented on Monday, as talks began over a new wage deal.

Bidvest reports 6% half-year profit rise

1 Mar 2021 /  Promit Mukherjee, Reuters  
Its revenue for the period grew by 3.4% to R44.4 billion ($2.95 billion), the company said.

Absa PMI expands at faster pace in February

1 Mar 2021 /  Olivia Kumwenda-Mtambo, Reuters  
Compared with January, supported by an increase in new sales and business activity.

EM-Stocks recover with bond markets subdued; Turkish lira jumps 1%

1 Mar 2021 /  Susan Mathew, Reuters  
With the dollar weaker against most rivals, developing world currencies rose.

MTN says Nigeria operating licence renewal at advanced stage

1 Mar 2021 /  Chijioke Ohuocha, Reuters   1
For another 10 years from September.

Gold rebounds after worst month in four years

1 Mar 2021 /  Ranjeetha Pakiam, Bloomberg  
As yields in focus.

Sovereign bonds gain; stocks, equity futures climb: markets wrap

1 Mar 2021 /  Andreea Papuc and Emily Barrett, Bloomberg  
Commodities rose as oil topped $62 a barrel.

RCL Foods delivers higher interim profit on unit performance

1 Mar 2021 /  Tanisha Heiberg, Reuters  
Reported a 12% increase in half-year profit.

Eskom bondholders take comfort in guarantee amid debt talks

1 Mar 2021 /  Colleen Goko and Selcuk Gokoluk, Bloomberg   3
Yields suggest they’re confident their money is safe.

Trump teases possible 2024 run

1 Mar 2021 /  Gregory Korte and Emma Kinery, Bloomberg   2
In speech recalling 2016 themes.

Berkshire’s busy 2020

1 Mar 2021 /  Katherine Chiglinsky, Bloomberg   1
Broke a record despite lack of major deals.

Troublesome trio in emerging markets face yield spike scare

1 Mar 2021 /  Farah Elbahrawy, Lilian Karunungan and Sydney Maki, Bloomberg  
'Higher US interest rates leave all EMs vulnerable,' said Robin Brooks

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