Despite keeping rates unchanged, the Reserve Bank says its fight against inflation is not over.
Author: Staff Writer
The impact of load shedding on the share prices of South African companies is a fundamental question for investors as it is here to stay in South Africa for at least another two years.
Northam Platinum plans to sell its 34.5% stake in Royal Bafokeng Platinum (RBPlat) for R9 billion to rival Impala Platinum due to a decrease in platinum group metals prices, which led to adverse market developments.
Prescient Securities has joined the likes of Investec Markets, Noah Capital Markets, and Standard Bank’s SBG Securities to facilitate stock trading and related services on behalf of their clients on the A2X platform.
Truworths, a South African and UK clothing retailer, has reported double-digit revenue growth for the year to July 2, 2023.
According to the latest Altron FinTech household resilience index (AFHRI), South African households were less resilient in Q1 2023 than they were during the height of the Covid-19 pandemic. Visit the AFHRI page for more insights by clicking here.
Standard Bank has secured a R4.4bn ($250 million) sustainability-linked loan with the International Finance Corporation (IFC).
Standard Bank has appointed Diana Springer as the new group head of brand and marketing.
Tongaat Hulett’s business rescue practitioners have chosen Tanzanian sugar producer Kagera Sugar as the buyer for the debt-laden business.
South African investors are the most bullish on the nation’s bonds since 1999. The survey was conducted by Bank of America and based on the views of 14 fund managers.