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LATEST Africa  

America's moment of truth in Africa

America's moment of truth in Africa
14 December 2018 / Mike Cohen, Samer Khalil Al-Atrush, Henry Meyer and Margaret Talev, Bloomberg
Britain to invest £100m in sub-Saharan Africa renewables fund

Britain to invest £100m in sub-Saharan Africa renewables fund

Susanna Twidale, Reuters / 11 December 2018
The money will help to fund up to 40 projects, capable of providing electricity for 2.4m people a year.
Cocaine smugglers may cash in on Guinea-Bissau politics feud

Cocaine smugglers may cash in on Guinea-Bissau politics feud

Alonso Soto, Bloomberg / 10 December 2018
The political deadlock prompted foreign donors to suspend at least $1.2bn in aid and weakened a state plagued by rampant corruption.

LATEST Companies and Deals  

Aspen strikes distribution deal with US drugmaker Mylan

Aspen strikes distribution deal with US drugmaker Mylan
14 December 2018 / Patricia Aruo, Reuters
Private Property appoints new CEO

Private Property appoints new CEO

Moneyweb / 13 December 2018
Amasi Mwela to head Private Property from January 2, 2019.
Group Five attracts interest in parts of business

Group Five attracts interest in parts of business

Muvija M and Nqobile Dludla, Reuters / 13 December 2018
The loss-making construction firm is considering selling some assets.

LATEST Economy  

China's economy still slowing as policy makers form 2019 Plans

China's economy still slowing as policy makers form 2019 Plans
14 December 2018 / Bloomberg News, Bloomberg
Retail sales up 2.2% year/year in October

Retail sales up 2.2% year/year in October

Olivia Kumwenda-Mtambo, Reuters / 12 December 2018
On a month-on-month basis, sales rose 0.6% in October.
SA escapes recession, but …

SA escapes recession, but …

Ingé Lamprecht / 5 December 2018
Despite improved outlook, risks remain.

LATEST Industry  

Mining, Engineering, Industry, Factory production
McDonald's plots future with fewer beef antibiotics in overhaul

McDonald's plots future with fewer beef antibiotics in overhaul
11 December 2018 / Deena Shanker, Bloomberg
Big coal wants consumers to pay for fixing its pollution problem

Big coal wants consumers to pay for fixing its pollution problem
11 December 2018 / Jeremy Hodges, Bloomberg
BP, Shell to face new shareholder challenge over climate in 2019

BP, Shell to face new shareholder challenge over climate in 2019

Kelly Gilblom, Bloomberg / 10 December 2018
A Dutch group filed its first resolution against BP and another resolution against Shell for 2019.
Overhaul of vacation club and timeshare industry on the cards

Overhaul of vacation club and timeshare industry on the cards

Ingé Lamprecht / 7 December 2018
But it won’t happen overnight.

LATEST International  

The great bourbon boom shakeout could be coming next year

The great bourbon boom shakeout could be coming next year
14 December 2018 / Bailey Lipschultz, Bloomberg
Bitcoin bomb threat goes international as scam expands to Canada

Bitcoin bomb threat goes international as scam expands to Canada
14 December 2018 / Maria Jose Valero, Bloomberg
EU gives May assurances on Brexit, but cold comfort

EU gives May assurances on Brexit, but cold comfort

Gabriela Baczynska and Alastair Macdonald, Reuters / 14 December 2018
Its unclear whether weakened PM can win parliamentary backing.
China’s rich rush to shelter $1trn from new taxes

China’s rich rush to shelter $1trn from new taxes

Jinshan Hong, Bloomberg / 13 December 2018
The practice of holding wealth abroad or changing tax residence status has become commonplace in China.

LATEST Markets  

Rand weaker in early trade

Rand weaker in early trade
14 December 2018 / Nomvelo Chalumbira, Reuters
Asian shares jolted by weak Chinese data, growth risks

Asian shares jolted by weak Chinese data, growth risks

Hideyuki Sano and Tomo Uetake, Reuters / 14 December 2018
Worries about US-China collision also keep investor on edge.
2019 cannot be worse for cryptocurrencies

2019 cannot be worse for cryptocurrencies

Sasha Planting / 14 December 2018
The Geneva Management Group believes the underlying technology, blockchain, has untapped value.

LATEST South Africa  

SA Civil Aviation Authority grounds CemAir's 21 planes

SA Civil Aviation Authority grounds CemAir's 21 planes
14 December 2018 / Loni Prinsloo, Bloomberg
Eskom debt swap proposal gets cold shoulder from Ramaphosa

Eskom debt swap proposal gets cold shoulder from Ramaphosa

Mike Cohen, Bloomberg / 14 December 2018
'We need to look at a number of other options.'
Eskom is said to mull asset sales as billionaire circles

Eskom is said to mull asset sales as billionaire circles

Loni Prinsloo, Bloomberg / 14 December 2018
Patrice Motsepe in line to buy power utility's home-loans business.

LATEST Tech  

Door shut for now on virtual garage sales of used digital music

Door shut for now on virtual garage sales of used digital music
13 December 2018 / Christopher Yasiejko and Susan Decker, Bloomberg
‘What is bitcoin?’ topped Google’s 2018 what asked trending list

‘What is bitcoin?’ topped Google’s 2018 what asked trending list

Alastair Marsh, Bloomberg / 13 December 2018
‘How to buy ripple’ was the fourth most-asked how to question.
Apple’s ‘Netflix for magazines’ is said to rankle publishers

Apple’s ‘Netflix for magazines’ is said to rankle publishers

Gerry Smith, Bloomberg / 12 December 2018
The tech giant is preparing to relaunch Texture, an app it agreed to buy in March that offers unlimited access to about 200 magazines.

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