Ftse Jse
latest news & developments
Hedge fund shorts African Bank shares
A major hedge fund is shorting shares in the unsecured lender in expectation of further declines.
PPC seeks more Africa projects to boost cement capacity by 75%
The cement giant expects to producing 14-million tonnes by 2017 on the back of expansion across the continent.
Woolworths first-half profit increases to 22%
Woolworths has boosted sales despite a other retailers such as Shoprite and Truworths seeing a slow-down.
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.
Discovery profit declines 6% as claims and costs increase
An increasing number of medical aid claims and higher costs saw the company’s full-year profits fall by 6%.