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LATEST
Africa
Zimbabwean tycoon pushes for prices in rand as bread costs soar
19 April 2019 / Colleen Goko, Bloomberg
Top two African economies to drag on sub-Saharan growth this year
18 April 2019 / Vuyani Ndaba, Reuters
World Bank warns Africa bond bonanza risks hurting nations
Samuel Gebre and Katarina Hoije, Bloomberg
/ 18 April 2019
High demand for African Eurobonds could place countries at risk of debt distress when US rates rise.
Cyclone survivors in Zimbabwe burn church pews to keep warm
Brian Latham and Godfrey Marawanyika, Bloomberg
/ 17 April 2019
Idai will cost the southern African nations more than $2bn to repair the damage - World Bank.
LATEST
Companies and Deals
Shoprite cuts chairman Wiese's voting influence
19 April 2019 / Nqobile Dluda, Reuters
Nestle, Unilever manage to raise prices without stunting growth
18 April 2019 / Thomas Buckley and Corinne Gretler, Bloomberg
PIC said to court banker for CEO
UPDATE
Loni Prinsloo, Bloomberg
/ 18 April 2019
Kennedy Bungane was previously the head of Pembani Group.
Pinterest IPO raises $1.4bn as it shuns social-media tag
Olivia Zaleski and Selina Wang, Bloomberg
/ 18 April 2019
Pinterest sells 75 million shares for $19 each.
LATEST
Economy
Some better-than-expected China data can’t save the world economy
19 April 2019 / Michelle Jamrisko, Bloomberg
Reserve Bank says too early to claim inflation win
18 April 2019 / Rene Vollgraaff and Londell Phumi Ramalepe, Bloomberg
Retail sales suggest economy sluggish before May vote
Mfuneko Toyana, Reuters
/ 17 April 2019
Weak income growth alongside price pressures constrain consumers.
Liquidity risk debate pits CrossBorder against JPMorgan, Goldman
Joanna Ossinger, Bloomberg
/ 17 April 2019
A report by CrossBorder’s counters the market liquidity concerns of JP Morgan and Goldman Sachs.
LATEST
Industry
Mining, Engineering, Industry, Factory production
Pork prices are jumping globally because of China's hog crisis
18 April 2019 / Irene García Pérez and Áine Quinn, Bloomberg
Where are the women money managers?
18 April 2019 / Patrick Cairns
Philip Morris says it doesn’t want you to buy its cigarettes
Tiffany Kary, Bloomberg
/ 17 April 2019
Instead, it’s ramping up focus on its IQOS heat-not-burn device, already sold in about 44 countries.
Malaria vaccine took 30 years and it’s still a work in progress
James Paton, Bloomberg
/ 16 April 2019
Development of the vaccine cost nearly $1bn.
LATEST
International
Goldman figures out best times to enter and exit earnings trades
18 April 2019 / Joanna Ossinger, Bloomberg
New Yorkers get cannabis for lunch just in time for '4/20' day
18 April 2019 / Alexis Benveniste, Bloomberg
The world’s most miserable economy has seven-figure inflation
Michelle Jamrisko and Catarina Saraiva, Bloomberg
/ 18 April 2019
Argentina, South Africa, Turkey, Greece and Ukraine also rank high in Bloomberg's Misery Index.
Five million lost jobs in India between 2016 and 2018 – report
Manoj Kumar, Reuters
/ 17 April 2019
Young urban men are being hit hardest.
LATEST
Markets
Emerging shares, FX fall; Indonesia buoyed by election optimism
18 April 2019 / Susan Mathew, Reuters
Rand weaker as risk demand fades before Easter
18 April 2019 / Mfuneko Toyana, Reuters
Wall St dips as healthcare slide offsets chip boost
Amy Caren Daniel and Sruthi Shankar, Reuters
/ 18 April 2019
IBM falls after revenue miss.
Emerging shares, currencies cheered by China data but gains limited
Susan Mathew
/ 17 April 2019
China's economic growth rose unexpectedly in Q1, defying expectations for a further slowdown.
LATEST
South Africa
Thirteen dead in KZN after church wall collapses
19 April 2019 / Mfuneko Toyana, Reuters
Presidential panel member rejects final report on land reform
19 April 2019 / Mfuneko Toyana, Reuters
SA forced into emergency aid payout to troubled Eskom
UPDATE
Colleen Goko and Paul Vecchiatto, Bloomberg
/ 19 April 2019
Documents show the government was forced to pay R5bn in emergency funds so Eskom could meet obligations.
Eskom gets R17.7bn of planned support
Paul Vecchiatto, Bloomberg
/ 19 April 2019
The transfer is part of a R23bn support pledge by the government, for the current fiscal year.
LATEST
Tech
Uber's self-driving unit valued at $7.25bn in new investment
19 April 2019 / Heather Somerville, Reuters
Amazon and Alphabet end boycott of each others' video services
18 April 2019 / Gerrit De Vynck, Bloomberg
Samsung gets reports of Galaxy Fold screen problems, raising specter of Note 7 fiasco
Angela Moon and Ju-min Park, Reuters
/ 18 April 2019
Issues with the phone raised the prospect of a less-then-smooth entry for the splashy $1 980 handset.
Netflix results face pressures with higher costs, new rivals
Kamaron Leach, Bloomberg
/ 16 April 2019
Wall Street is projecting subscriber additions of 1.61m in the US and 7.33m internationally, when Netflix releases its results later on Tuesday.
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