Surprise trade surplus buoys the rand

Wiseman Khuzwayo And Bloomberg|Published

SA’s rand firmed on Friday to trade below the psychological level of R16 to the dollar for the first time since January 7.

PIC meets MTN boss over Nigeria saga

Wiseman Khuzwayo And Bloomberg|Published

Public Investment Corporation meets with MTN’s executive chairman to discuss developments at the company in Nigeria.

Rand hits lowest level since 2001

Wiseman Khuzwayo And Bloomberg|Published

Rand plummets as speculation that the US Federal Reserve will raise interest rates next month.

Rand falls on Fed delay

Wiseman Khuzwayo And Bloomberg|Published

Rand weakens to fresh 14-year low after Reserve Bank misjudges the intentions of the US Federal Reserve.

Cipla scoops state’s R2bn order to supply ARV drugs

Wiseman Khuzwayo And Bloomberg|Published

Cipla Medpro, South Africa’s third-biggest drugmaker, has won a R2 billion order to supply antiretroviral (ARV) drugs for the next three years to the government’s ...

Maersk’s SA container lines wane

Wiseman Khuzwayo And Bloomberg|Published

Container movement in and out of the country’s ports declined in the third quarter as economic growth slowed to under 1 percent.

Nene to seek a broader tax base

Wiseman Khuzwayo And Bloomberg|Published

Economists were bemused by Finance Minister Nhlanhla Nene's assertion that SA needs to broaden its tax base.

Eskom’s Areva tender faces litmus test

Wiseman Khuzwayo And Bloomberg|Published

Westinghouse Electric SA has launched an expedited review application to challenge the award by Eskom of a contract to Areva.

We will work for a better rating - Capitec

Wiseman Khuzwayo And Bloomberg|Published

Capitec Bank will have to work its way back to a better rating in future after its downgrade by Moody's.

Postbank still waiting for licence to lend

Wiseman Khuzwayo And Bloomberg|Published

The SA Reserve Bank is considering an application by state-owned Postbank to allow it to lend.

'Abil failure could have hit confidence’

Wiseman Khuzwayo And Bloomberg|Published

Allowing Abil to collapse would have risked significant contagion in terms of a decline in confidence in the financial sector, says Azar Jammine.

Seifsa lifts Solidarity lockout notice

Wiseman Khuzwayo And Bloomberg|Published

Seifsa withdrew its lockout notice to Solidarity on Monday following a meeting of its council in the afternoon.

De Ruyter’s appointment cheers Nampak shares

Wiseman Khuzwayo And Bloomberg|Published

Shares in Nampak leapt yesterday as Africa’s biggest packaging firm announced that Andre de Ruyter had been appointed as an executive director and the chief executive ...