South Africa’s gold stocks soar as bullion closes in on record

Adelaide Changole|Published

An index of gold stocks in Johannesburg rose as much a 2. 7% to a fresh all-time high on Monday.

Johannesburg gold stocks slay records as virus bolsters bullion

Adelaide Changole|Published

The rally in gold prices driven by investor concern about the coronavirus pandemic and its impact on the global economy has propelled SA gold stocks.

Casino stocks post euphoric gains as SA eases lockdown

Adelaide Changole|Published

Shares in South African gambling and leisure companies shot up on Thursday after the government surprised traders.

Analysts say SA's stock rally may come to an end soon

Adelaide Changole|Published

Gains in South African stocks based on easing lockdown rules may not last as the country grapples with the damage wrought by the coronavirus pandemic.

South African stocks are on track for a record month

Adelaide Changole|Published

Unprecedented demand for online services and entertainment during Covid-19 pandemic lockdowns, along with a scramble for haven investments, have helped set South ...

Sasol investor says shares are pricing in too much bad news

Adelaide Changole|Published

Sasol Ltd. ?s shares, down more than 80% in 2020, are trading as if the market expects years of bad news around oil.

Demand for online services drives Naspers’ shares higher

Adelaide Changole|Published

A bad start to the year for stocks? That hasn?t applied to Naspers Ltd.

Worst ever quarter for South African stocks has a gold lining

Adelaide Changole|Published

South Africa?s stock market is set for its worst quarter on record as the coronavirus ravages global equities.

Telkom slump deepens after Cell C signs roaming pact with rival

Adelaide Changole|Published

Telkom SA shares extended their slump in Johannesburg after its acquisition target, Cell C, agreed to an extended roaming deal with rival MTN Group.

RenCap sees SA’s rand extending gains

Adelaide Changole|Published

SA’s rand is set to strengthen against the dollar over the next two years as relatively high yields continue to attract investment, according to Renaissance Capital. ...