Despite Zimbabwe’s shrinking economy, Allan Gray is upping its stakes in the Zimbabwean sorghum beer and mobile phone markets.
African Bank says holders of its debt cannot ask for an early repayment of its bonds, despite being downgraded to "junk" status last week.
A major hedge fund is shorting shares in the unsecured lender in expectation of further declines.
Aid for Uganda has been pulled and its currecy has slumped following a bill which prescribes life imprisonment for some homsexual acts.
The strike-hit miner has fallen out of favour with Investec Assest Management but Coronation Fund Managers like the prospects of the platinunm sector.
The rand was one of the worst performing major currencies as demand for China’s manufactured goods declined.
Renewables projects have provided new jobs with higher salaries and brought new economic activity into the Northern Cape.
ArcelorMittal boss Nonkululeko Nyembezi-Heita will replace Humphrey Borkum in 2014, the Johannesburg Stock Exchange has said.
Enterprises ranging from retailers to mines and bank headquarters will close for the former president’s funeral.
South African retail stocks have risen for a second month, on speculation that the US Federal Reserve will maintain stimulus.