The telecom giant's sales rose to R18.3-billion in the second quarter with data revenue from other African countries accelerating growth.
Consumer Price Inflation exceeded the Reserve Bank's target band of 3% to 6% for the third time in .
Bonds are rallying after the Reserve Bank's hiked rates in an effort to assure South Africans and investors that inflation will not run away.
The economic development minister says government is seeking a restitution package from colluding construction firms following a R1.5-billion fine.
The Anglo American unit which had enjoyed sky-high iron ore prices in the past now faces a decline in profits as the metal price drops.
Unrest in Ukraine and the Middle East has seen gold rebound 9.4% this year while the Fed warns benchmark rates could rise sooner than expected.
The finance minister said government is committed to lowering the budget deficit but a sluggish economic growth outlook will present a challenge.
The IMF will update its global economic outlook this week, while investors look at a rates decision in Nigeria and inflation numbers in South Africa.
Anglo American Platinum, may sell some mines after profits for the first half of the year fell 88%, following a five-month strike.
09:39: ALSI 51798 (-113)