Business News

Equities are stronger as investors await outcome of upcoming trade talks, while the lira falls after Turkey’s credit rating is downgraded further

There is little on the domestic front to lift the rand, and if it stays below R15/$, we could see an interest rate increase as soon as September, the Investec chief economist says

The hope that China and the US may resolve their differences during their meeting later in the week has improved market sentiment

Trade tensions reduce as a meeting between US and Chinese leader is mooted, while the lira retreats further following a ratings downgrade

Robert Cameron from Thebe Stockbroking talks to Business Day TV about Nedbank, his stock pick of the day

Emirates NBD analyst says China’s disappointing industrial data and concern over emerging-market economies have weighed on commodities

The China Banking and Insurance Regulatory Commission has called on banks and insurers to co-operate with local governments

Consumer inflation data will be the prime focus of local markets this week

Coupled with the retail and wholesale trade figures, motor industry figures indicate that SA likely suffered a recession in the first half of the year

However, the 0.1% gain could help offset contractions in retail sales and manufacturing production, helping SA escape recession

Alexander Forbes chief economist Isaah Mhlanga talks to Business Day TV about the latest retail data and what it means for the economy

The ratings agency says SA’s economic growth will be weaker than the government expects while the public-sector wage bill rises

The DA has described attempts to nationalise the Sarb as a "hostile takeover".

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Sasol said its headline earnings per share dropped 22 percent to R27.44 in the year to June 30.

The rand continued to weaken severely last week and ended Friday on even worse levels than the previous week.

Former president Thabo Mbeki addressed the African Union in 2015 where he chaired a high-level panel on illicit financial flows.

Fifty-eight – that is the number of workers who have died in South African mines to date this year, compared with 51 during the same period in 2017.

Limpopo's Treasury Department has appointed a forensic team to investigate alleged irregularities against ten municipalities that invested with the troubled VBS Mutual Bank. The post Municipalities implicated in VBS corruption face probe appeared first on SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader..

Transnet CEO Siyabonga Gama and two other executives have until the end of Monday to give reasons why they should not be suspended. The post ‘Suspension’ deadline looms for three Transnet executives appeared first on SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader..

Newly announced Loeries chairperson Tseliso Rangaka says the multi-billion dollar brand communication industry still needs to undergo transformation. The post Loeries honour remarkable creatives appeared first on SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader..

A new R114 million substation has been commissioned to increase electricity generation in Atlantis on the Cape West Coast. The post New substation for Atlantis in Western Cape appeared first on SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader..

Chinese police have arrested three suspects alleged to have stolen assets worth 600 million yuan ($87 million) through hacking. The post Chinese police nab suspects after $87 mln cryptocurrency theft appeared first on SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader..

Reclusive titan of industry Jim Ratcliffe has found himself under unusual scrutiny after being declared Britain's richest man, with his political leanings and tax affairs coming under the microscope. The post UK’s richest man forced out of the shadows appeared first on SABC News - Breaking news, special reports, world, business, sport coverage of all […]

Uber has asked government to delay the implementation of a new licensing framework for drivers until “current challenges” experienced by public transport operators for operating licences are resolved.

The Cape Town Internet Exchange (Cinx), an Internet exchange point operated by INX-ZA, has been expanded to a third location in Diep River.

The Hydrogen Intensity and Real-time Analysis eXperiment (Hirax) project is an international collaboration being led by scientists from the University of KwaZulu-Natal.

Naspers said on Monday that it has concluded the sale of its 11.2% stake in Indian e-commerce company Flipkart, realising $2.2-billion (about R32.2-billion) in proceeds.

While lamenting abusive conduct on Twitter, CEO Jack Dorsey said any move to block content based on political or social views would stoke already rising concern about the power of social media companies.

After suspending operations around the world following a ban by the US government, ZTE South Africa is back in business, the Chinese telecommunications equipment company said on Monday.

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