Renaissance Capital
latest news & developments
Richemont sales growth disappoints as China declines
Sales of luxury goods grew at a lower rate than expected as China continues to clamp down on the use of watches and jewellery as bribes.
Rencap buys Bernard Jacobs Mellet for R207m
Renaissance Securities Holdings has agreed to buy South Africa’s Barnard Jacobs Melllet Securities for R207-million.
RenCap targets African resources in expansion push
Russian private investment bank Renaissance Capital is in the midst of a sweeping expansion into the resource sector in Africa.
Nigeria court upholds presidential election
Nigeria’s Supreme Court upheld the election of President Umaru Yar’Adua on Friday, giving him the mandate to lead Africa’s most populous nation.
Mugabe to contest Zimbabwe run-off
Zimbabwean leader Robert Mugabe accepted that the opposition’s Morgan Tsvangirai won more votes in the presidential election and will contest a run-off in a political battle that…
Russia halves Ukraine supplies as gas war looms
Russia and Ukraine slid towards a new gas war on Tuesday as Moscow slashed supplies to the ex-Soviet republic by 50% and Ukraine’s state gas company said it may cut deliveries to…