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LATEST Africa  

Nigerian exchange rate to decide Africa's biggest economy

Nigerian exchange rate to decide Africa's biggest economy
16 October 2017 / Paul Wallace, Bloomberg
Night: perfect cover for AIDS testing in Zimbabwe

Night: perfect cover for AIDS testing in Zimbabwe
16 October 2017 / Jeffrey Moyo, Reuters
Zim ruling party plans vote to strengthen Mugabe’s hand

Zim ruling party plans vote to strengthen Mugabe’s hand

Reuters / 13 October 2017
Zimbabwe’s ruling ZANU-PF is planning a special vote to give veteran President Robert Mugabe a fresh five-year mandate as party leader, three sources said, strengthening his hand as rivals plot to succeed him. One member of the party’s politburo told Reuters the 93-year-old president could also use the party election in December to end divisions
SA’s economy to grow 0.6% in 2017 – World Bank

SA’s economy to grow 0.6% in 2017 – World Bank

Paul Carsten, Reuters / 11 October 2017
1
Sub-Saharan Africa to grow at a slower rate this year.

LATEST Companies and Deals  

PIC has not ruled out investing in SAA

PIC has not ruled out investing in SAA
17 October 2017 / Wendell Roelf, Reuters
Mediclinic sees Middle East weakness denting earnings

Mediclinic sees Middle East weakness denting earnings
17 October 2017 / TJ Strydom, Reuters
Staff cuts weigh on profits at Pick n Pay

Staff cuts weigh on profits at Pick n Pay

UPDATE
TJ Strydom, Reuters / 17 October 2017
Excluding severance costs, earnings are up by around 13%.
Implats looks north

Implats looks north

Warren Thompson / 17 October 2017
Company acquires rights to take control of the Waterberg Project.

LATEST Economy  

Brazil vs SA: Accountability boosts returns

Brazil vs SA: Accountability boosts returns
17 October 2017 / Prinesha Naidoo
What global finance chiefs are saying about the global economy

What global finance chiefs are saying about the global economy

Andrew Mayeda, Enda Curran and Jeanna Smialek, Bloomberg / 16 October 2017
Don’t celebrate too soon.
South Africa to woo investors at IMF meetings

South Africa to woo investors at IMF meetings

Mfuneko Toyana, Reuters / 12 October 2017
7
Gigaba looks to convince investors, rating agencies that economy is on the mend.

LATEST Industry  

Mining, Engineering, Industry, Factory production
McKinsey suspends work for SA state companies after probe
UPDATE

McKinsey suspends work for SA state companies after probe
17 October 2017 / Paul Burkhardt, Bloomberg
Mining output up in August

Mining output up in August

Tanisha Heiberg, Reuters / 12 October 2017
Production increases 6.9% year-on-year.
Money managers see risk of market panic from MiFID rule

Money managers see risk of market panic from MiFID rule

Julie Edde, Bloomberg / 11 October 2017
1
Rules to require money managers to flag declines to clients.

LATEST International  

Five things you need to know on Tuesday

Five things you need to know on Tuesday
17 October 2017 / Lorcan Roche Kelly, Bloomberg
Netflix tops subscriber outlook as spending nears $8bn

Netflix tops subscriber outlook as spending nears $8bn
17 October 2017 / Lucas Shaw, Bloomberg
Beijing proudly unveils mega-airport due to open in 2019

Beijing proudly unveils mega-airport due to open in 2019

Cate Cadell, Reuters / 16 October 2017
'Beijing New Airport' expected to serve an initial 45 million passengers a year.
London house prices fall most since financial crisis

London house prices fall most since financial crisis

Jill Ward, Bloomberg / 16 October 2017
Values in capital likely fell 2.7% in September, Acadata says.

LATEST Markets  

Cabinet changes rattle bonds, rand extends losses

Cabinet changes rattle bonds, rand extends losses
17 October 2017 / Olivia Kumwenda-Mtambo, Tanisha Heiberg and Mfuneko Toyana, Reuters
Wall St flat as losses in financials offset healthcare gains

Wall St flat as losses in financials offset healthcare gains
17 October 2017 / Sruthi Shankar, Reuters
Goldman says gold beats bitcoin as bank weighs fear and wealth

Goldman says gold beats bitcoin as bank weighs fear and wealth

Ranjeetha Pakiam, Bloomberg / 17 October 2017
Precious metals are 'neither a historic accident or a relic'.
Initial coin offerings rake in another billion in under two months

Initial coin offerings rake in another billion in under two months

Lily Katz, Bloomberg / 17 October 2017
Investors pour over $3 billion into over 200 ICOs this year.

LATEST South Africa  

Zuma reshuffles cabinet again

Zuma reshuffles cabinet again
17 October 2017 / Ray Mahlaka
Zuma appoints permanent SABC board

Zuma appoints permanent SABC board

Moneyweb / 17 October 2017
After pressure from lobby groups.
McKinsey ’embarrassed’ by failings in South Africa scandal

McKinsey ’embarrassed’ by failings in South Africa scandal

Joe Brock, Reuters / 17 October 2017
The world's largest management consultancy accused of fraud but denies corruption, bribes.

LATEST Tech  

Airbnb Africa arrivals more than double to 1.2m

Airbnb Africa arrivals more than double to 1.2m
17 October 2017 / Nqobile Dludla, Reuters
Bitcoin competitors are being built in ex-Google coders’ laptops

Bitcoin competitors are being built in ex-Google coders’ laptops

Camila Russo / 15 October 2017
Newcomers will have a lot of catching up to do, as bitcoin continues to break new records.
Facebook seeks to tap into demand for online restaurant orders

Facebook seeks to tap into demand for online restaurant orders

Craig Giammona, Bloomberg / 13 October 2017
Users will soon be able to buy meals on the social media site.

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