Most Read Today

Trump says tariffs making companies leave China, a deal can't be '50-50'

05h02 U.S. President Donald Trump said his tariffs on Chinese goods are causing companies to move production out of China to Vietnam and other countries in Asia, and added that any agreement with China cannot. . .  Full story

Barloworld - opening of Khula Sizwe public offer

10/04 In the furtherance of its broad-based black economic empowerment objectives and as previously described in, inter alia, the following Barloworld announcements: Proposed Broad-Based Black Economic Empowerment Transaction dated 19 November 2018,. . .  Full story

Australia shares hit 11-year peak on surprise conservative election win

04h36 Australian banking, property and health-related stocks pushed the sharemarket to an 11-year high on Monday as investors cheered the conservative coalition parties' surprise election victory on the weekend.. . .  Full story

Corn climbs 11-month high on U.S. planting delays

05h18 Chicago corn jumped to its highest since June on Monday, rising for a sixth session in a row as planting delays across parts of the U.S. Midwest underpinned the market. Wheat. . .  Full story

South Africa's Sibanye wins final regulatory go-ahead for Lonmin deal

17/05 South Africa's Competition Appeal Court on Friday gave the green light to Sibanye-Stillwater's takeover of Lonmin in a deal that aims to create the world's second-largest platinum producer.. . .  Full story

Indian rupee surges on exit polls showing easy win for ruling party

08h02 The Indian rupee on Monday strengthened over 1 percent after exit polls suggested the country's just-concluded general election will give a fresh mandate to the coalition led by Prime Minister Narendra Modi.. . .  Full story

S.Africa power utility Eskom raises $361 million through loan drawdowns

18/05 South Africa's power utility Eskom said on Friday it had raised 5.2 billion rand ($361 million) through drawdowns against a portion of committed loans, 4 billion rand of which was received. . .  Full story

Weak spending overshadows Japan's surprise Q1 economic expansion

03h36 Japan's economic growth unexpectedly accelerated in January- March, driven by net contributions from exports and defying forecasts for a contraction in the world's third-largest economy.. . .  Full story

Asian shares steady after slump, oil jumps on Saudi comments

05h52 Asian shares steadied on Monday as investors caught their breath following another week of escalating U.S.-China trade tensions, with sentiment turning brighter after the United States said it would lift tariffs in North America.. . .  Full story

Australia's conservative coalition secures parliamentary majority

05h18 Australia's conservative coalition secured an outright parliamentary majority on Monday following a shock election victory, allowing Prime Minister Scott Morrison to progress his legislative agenda without the support of independents.. . .  Full story

Most Read Yesterday

Barloworld - opening of Khula Sizwe public offer

10/04 In the furtherance of its broad-based black economic empowerment objectives and as previously described in, inter alia, the following Barloworld announcements: Proposed Broad-Based Black Economic Empowerment Transaction dated 19 November 2018,. . .  Full story

Aspen - update in divestment

17/05 With reference to previous announcements in respect of the Group's divestment of its Nutritionals Business to the Lactalis Group ("Lactalis"), Aspen is pleased to confirm that it has, earlier this morning,. . .  Full story

South Africa's Sibanye wins final regulatory go-ahead for Lonmin deal

17/05 South Africa's Competition Appeal Court gave the green light on Friday to Sibanye-Stillwater's takeover of Lonmin that aims to create the world's second-largest platinum producer.. . .  Full story

Wall St Week Ahead-Tariffs could lead to markdowns in retail shares

19/05 U.S. retailer stocks have moved from buoyant to bruised this year and the intensification of the U.S.-China trade war makes them especially vulnerable because consumer products would be targeted in the next round of threatened. . .  Full story

Britain's Brexit talks collapse as May's premiership crumbles

17/05 Britain's tumultuous divorce from the European Union was again in disarray on Friday after the opposition Labour Party declared last-ditch talks dead due to Prime Minister Theresa May's crumbling government.. . .  Full story

Trump declares some auto imports pose national security threat

17/05 U.S. President Donald Trump on Friday declared that some imported vehicles and parts pose a national security threat but delayed a decision for as long as six months on whether to impose tariffs to. . .  Full story

Saudi Arabia says oil producers want to reduce inventories

19/05 Saudi Energy Minister Khalid al-Falih said on Sunday there was consensus among OPEC and allied oil producers to drive down crude inventories "gently" but his country would remain responsive to the needs of what he. . .  Full story

Exploration at Kekra-1 well off Pakistan ends -OGDC spokesman

19/05 The consortium exploring the Kekra-1 well off the coast of Pakistan is ending drilling operations after no reserves of oil and gas were found, a spokesman for Oil and Gas Development Co Ltd, one. . .  Full story

In coal we trust: Australia's voters back PM Morrison's faith in fossil fuel

19/05 Australia's re-elected Prime Minister Scott Morrison once brandished a lump of coal in parliament, crying, "This is coal - don't be afraid!" His surprise win in what some dubbed the 'climate election' may have stunned. . .  Full story

Australian PM heads to church, football after 'miracle' election win

19/05 Australian Prime Minister Scott Morrison thanked his fellow Pentecostal churchgoers on Sunday after a miraculous election victory that defied years of unfavorable opinion polls and bruised a Labor opposition that had been widely expected to. . .  Full story

Most Read This Month

Barloworld - opening of Khula Sizwe public offer

10/04 In the furtherance of its broad-based black economic empowerment objectives and as previously described in, inter alia, the following Barloworld announcements: Proposed Broad-Based Black Economic Empowerment Transaction dated 19 November 2018,. . .  Full story

South Africa's Tongaat to restate prior results after accounting review

24/04 South African sugar producer Tongaat Hulett Ltd said on Wednesday it would restate prior financial information after a formal review revealed certain accounting practices that needed to be re-examined.. . .  Full story

HNA unit CWT Intl defaults on $179 mln loan, faces asset seizure

16/04 CWT International Ltd , a unit of indebted HNA Group Co Ltd, on Tuesday said it defaulted on a HK$1.4 billion ($179 million) loan, and that it has less than 24 hours to pay. . .  Full story

S.Africa's Massmart CEO resigns as retailer eyes Africa expansion

06/05 Massmart Chief Executive Guy Hayward will step down before the end of the year, the South African retailer said on Monday, ending five years at the helm of the supermarket group. . .  Full story

South Africa's Sibanye-Stillwater lowers valuation for miner Lonmin

25/04 South Africa's Sibanye-Stillwater on Thursday revised its offer for Lonmin, with new terms that gave a valuation for the struggling platinum miner that was about 60 million pounds ($77 million) less. . .  Full story

Steinhoff set to release 2017 results, shares rise

07/05 Steinhoff on Tuesday is due to reveal the impact of South Africa's biggest corporate scandal on its finances when it publishes 2017 earnings after repeated delays caused by the lengthy process. . .  Full story

South Africa's Long4Life beats sales estimates, suspends dividend

15/05 South African investment firm Long4Life on Wednesday suspended its dividend after spending on share repurchases and posted forecast-beating annual sales, sending its shares up nearly 5%.. . .  Full story

PSG final results February 2019

24/04 Revenue from sale of goods lowered to R13.0 billion (R14.0 billion) whilst gross profit from sale of goods also decreased to R1.6 billion (R2.0 billion). Profit attributable to owners remained unchanged. . .  Full story

South Africa's Pick n Pay posts 18 pct jump in full-year earnings

26/04 South African retailer Pick n Pay Stores Ltd on Friday reported an 18 percent jump in full-year earnings, as price cuts helped it attract highly cost-conscious shoppers and cope with the difficult trading conditions. . .  Full story

South African listed Steinhoff shares tumble after release of 2017 results

09/05 Johannesburg-listed shares of South African retailer Steinhoff fell almost 20 percent on Thursday after the scandal-hit firm reported a $4 billion operating loss in the 2017 fiscal year in a much-delayed. . .  Full story

South African logistics firm recommends review of bulk liquid terminal tender

03/05 South Africa's state-owned Transnet National Ports Authority (TNPA) will recommend to its board that a tender to build and operate a bulk liquid terminal in Durban be reviewed and possibly cancelled, a senior official said.. . .  Full story

South African rand, stocks weaker on renewed trade war

09/05 South Africa's rand gave up its earlier gains on Thursday as another round of risk selling in global markets fuelled by the U.S.-China trade talks outweighed local election positives.. . .  Full story

South Sudan agrees oil exploration deal with South Africa

06/05 South Sudan and South Africa on Monday signed a six-year production-sharing agreement for an untapped exploration block in the East African country, where production has been hit by civil war.. . .  Full story

South Africa's Tongaat Hulett, lenders to consider standstill agreement

16/05 South Africa's Tongaat Hulett Ltd said on Thursday it was looking to negotiate a standstill agreement with its lenders, which had already agreed to waive some of their rights related to. . .  Full story

Zimbabwe faces worst power cuts in 3 years, mines hit

13/05 Zimbabwe's state power utility imposed the worst rolling blackouts in three years on Monday, with households and industries including mines set to be without electricity for up to eight hours daily.. . .  Full story

Tongaat - unwind of 2007 B-BBEE transaction

14/05 In June 2007, Tongaat Hulett entered into a 10-year Broad-Based Black Economic Empowerment ("B-BBEE") equity transaction whereby two B-BBEE SPVs, TH Development Infrastructure SPV (RF) Proprietary Limited ("Infrastructure SPV") and yoMoba. . .  Full story

South Africa's Ascendis sells Bioscience business for $33 mln

02/05 South African Health and wellness group Ascendis Health said on Thursday it will sell three businesses within its Biosciences division to a consortium for 480 million rand ($33 million) as part. . .  Full story

S. Africa's Steinhoff cuts value of goodwill assets in 2017 accounts

30/04 South African retailer Steinhoff said on Tuesday it had reduced the value of goodwill and intangible assets recorded in its accounts for the end of September 2017 by 1.8 billion euros ($2 billion) to. . .  Full story

South Africa's Shoprite cuts chairman Wiese's voting influence

18/04 South African grocer Shoprite is to buy back deferred shares held by its chairman Christo Wiese to simplify its voting structure but substantially curbing Wiese's influence in the company he helped. . .  Full story

S.Africa's 2019 wine harvest set to hit lowest in more than a decade

06/05 South Africa, the world's eighth largest wine producer, is expected to harvest its smallest amount of wine grapes in 14 years this year, as dry conditions and fluctuating weather hit output,. . .  Full story

JPMorgan cuts S.Africa local bond exposure citing fiscal, flags rating risks

13/05 JPMorgan reduced its exposure to South African local bonds citing a deteriorating fiscal outlook and flagged risks over its expectations that Moody's would not change its rating in the near term.. . .  Full story

Redefine interim results February 2019

06/05 Total revenue for the interim period increased to R4.4 billion (2018: R3.9 billion), net operating profit grew to R2.8 billion (2018: R2.5 billion) and profit for the period attributable to shareholders. . .  Full story

Vodacom final results March 2019

13/05 Revenue for the year increased to R86.6 billion (2018: R86.4 billion), operating profit rose to R24.5 billion (2018: R24.3 billion), profit attributable to equity shareholders decreased to R14.8 billion (2018: R15.3. . .  Full story

AngloGold Ashanti plans to sell up in South Africa

09/05 AngloGold Ashanti Ltd will review divestment options for its Mponeng mine and other South African assets to focus on higher returns elsewhere, the South African gold miner said on Thursday.. . .  Full story

CMH final results February 2019

23/04 Revenue for the year increased to R11.155 billion (2018: R10.573 billion), gross profit rose to R1.825 billion (2018: R1.766 billion), operating profit decreased to R411.2 million (2018: R438.4 million), profit attributable. . .  Full story

South African rand firms as ANC heads for re-election

10/05 South Africa's rand strengthened more than 1% on Friday on expectations of political continuity, as the governing African National Congress (ANC) headed for a national election victory.. . .  Full story

MTN shakes up board, appoints former S.Africa deputy finmin as next chair

03/05 South African telecoms provider MTN Group has appointed former deputy finance minister Mcebisi Jonas as chairman-designate in a board shake-up following a series of regulatory issues that cost it more than $1 billion.. . .  Full story

South Africa's MTN registers Nigerian business shares before listing

07/05 MTN has registered more than 20 billion shares of its $5 billion Nigerian business before its planned listing of the unit in the West African nation, the South African telecoms firm said on Tuesday.. . .  Full story

Investec battles Brexit, weak South African economy

16/05 Financial services group Investec said on Thursday a rise in annual earnings showed its resilience in the face of a weak South African economy and Brexit, which has put clients off. . .  Full story

South African government says Chinese loan to Eskom not in jeopardy

02/05 South Africa's public enterprises ministry on Thursday said that a China Development Bank (CDB) loan to struggling state power company Eskom was not in jeopardy.. . .  Full story