JSE set to take cue from currency

The JSE Securities Exchange South Africa (JSE) is expected to open flat to slightly weaker on Monday, taking its cue from the currency. Traders said that with no major economic data due out this week, the market is likely to look to the rand for direction.

Radebe:Privatisation to yield R12-billion

Government is fast-tracking its partial privatisation drive this year through major changes to arms manufacturer Denel - including the sale of a third share in the business - and the drawing in of private-sector skills in running South Africa's main port at Durban.

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