Allan Gray invests in Zimbabwean beer and cellphones

Despite Zimbabwe's shrinking economy, Allan Gray is upping its stakes in the Zimbabwean sorghum beer and mobile phone markets.

African Bank downgrade doesn’t mean a redemption for bondholders, says CFO

African Bank says holders of its debt cannot ask for an early repayment of its bonds, despite being downgraded to "junk" status last week.

Hedge fund shorts African Bank shares

A major hedge fund is shorting shares in the unsecured lender in expectation of further declines.

Uganda punished in currency market for anti-gay law

Aid for Uganda has been pulled and its currecy has slumped following a bill which prescribes life imprisonment for some homsexual acts.

Coronation fund adds Northam as Investec dumps it

The strike-hit miner has fallen out of favour with Investec Assest Management but Coronation Fund Managers like the prospects of the platinunm sector.

Rand weakens to a five-year low after China manufacturing data

The rand was one of the worst performing major currencies as demand for China's manufactured goods declined.

Solar boom boosts South African salaries

Renewables projects have provided new jobs with higher salaries and brought new economic activity into the Northern Cape.

JSE appoints Nyembezi-Heita as new chair

ArcelorMittal boss Nonkululeko Nyembezi-Heita will replace Humphrey Borkum in 2014, the Johannesburg Stock Exchange has said.

South African business to close for Mandela’s funeral

Enterprises ranging from retailers to mines and bank headquarters will close for the former president's funeral.

SA retail stocks advance for second month

South African retail stocks have risen for a second month, on speculation that the US Federal Reserve will maintain stimulus.

Famous Brands’s stocks rise after buying stakes in Nigerian company

Famous Brands, which owns chains such as Wimpy and Mugg & Bean, have risen the most in two weeks after buying a 49% stake in a Nigerian food company.

South Africa sells $2-billion of government bonds

South Africa has sold $2-billion of 12-year bonds in overseas debt markets after boosting the size of the offering.

Press Releases

Covid-19 and Back to School Webinar

If our educators can take care of themselves, they can take care of the children they teach

5G technology is the future

Besides a healthcare problem Covid-19 is also a data issue and 5G technology, with its lightning speed, can help to curb its spread

JTI off to court for tobacco ban: Government not listening to industry or consumers

The tobacco ban places 109 000 jobs and 179 000 wholesalers and retailers at risk — including the livelihood of emerging farmers

Holistic Financial Planning for Professionals Webinar

Our lives are constantly in flux, so it makes sense that your financial planning must be reviewed frequently — preferably on an annual basis

Undeterred by Covid-19 pandemic, China and Africa hold hands, building a community of a shared future for mankind

It is clear that building a community with a shared future for all mankind has become a more pressing task than ever before

Wills, Estate Administration and Succession Planning Webinar

Capital Legacy has had no slowdown in lockdown regarding turnaround with clients, in storing or retrieving wills and in answering their questions

Call for Expression of Interest: Training supply and needs assessment to support the energy transition in South Africa

GIZ invites eligible and professional companies with local presence in South Africa to participate in this tender to support the energy transition

Obituary: Mohammed Tikly

His legacy will live on in the vision he shared for a brighter more socially just future, in which racism and discrimination are things of the past

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