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BUSINESS DAY TV: 'It doesn't look too good for inflation ... it doesn't look too good for interest rates'

Business Day (registration) - 9 minutes ago
So they need to be convinced that there is a strong argument to be able to invest in South African assets and not have to worry about the high degree of possibility that we could slip to junk and that could impact very negatively on the very assets ...and...

Analyzing Generics Market in South Africa 2017

Research and Markets - 1 hour ago
The Generics Industry in South Africa is analyzed through an industry overview which spans the data from 2012 till 2021. An analysis of the industry's value and volume data is included along with an industry segmentation by geography. Industry forecast ...and...

South Africa: Western Cape to Help Improve Business Skills

AllAfrica.com - 1 hour ago
Cape Town — The Western Cape Department of Economic Development and Tourism says it would train about 1 000 entrepreneurs to improve their business skills. This was announced by the MEC for Economic Development and Tourism, Alan Winde, when ...and...

South Africa: Tsogo Sun increases stake in Hospitality Property Fund

African Business Magazine (press release) (subscription) (blog) - 2 hours ago
South African hotel and shopping mall operator Tsogo Sun has announced that it may sell up to 36 of its hotels, including Sun1 brand hotels, to the Hospitality Property Fund, in exchange for a bigger stake in the Fund. Hospitality Property Fund is a...

The most in-demand skills in South Africa's job market right now

BusinessTech - 2 hours ago
CareerJunction has released an updated list of the most in-demand skills according to employer requirements in March 2017. The data is based on over 25,000 jobs currently indexed across the site, and the preferences of over 3,000 recruitment agencies ...and...

S Africa's Zuma plans to sack finance minister: ally

Business Standard - 2 hours ago
South African President Jacob Zuma has vowed to sack his respected finance minister, a government coalition party confirmed today, in a move which could split the African National Congress (ANC). Zuma has been at loggerheads with Finance Minister ...and...

South Africa, Ethiopia Airlines partnership to commence summer 2017

New Business Ethiopia - 2 hours ago
Therefore, revamping the already existing codeshare agreement with our partner, South African Airways, emanates from our common ambition and joint effort to expand our footprint to different destinations and better serve our esteemed customers globally.and...

South Africa's Patience Is Running Out

BloombergQuint - 5 hours ago
South Africa's former graft ombudsman reported Zuma may have dispensed favors and sweetheart contracts to friends who do business with his son. Still to come is a possible judicial reinstatement of 783 charges of corruption, racketeering, fraud and ...and...

South Africa's Zuma is asked to miss activist's funeral

Business Insider - 8 hours ago
JOHANNESBURG (AP) — President Jacob Zuma says he is not attending the funeral of a South African apartheid-era leader after Ahmed Kathrada's family asked him to stay away. Kathrada died Tuesday at age 87. He was imprisoned for years along with ...and...

African students to raise Greater Noida attack on global forum, threaten cutting off business ties with India

India Today - 12 hours ago
An angry press statement issued by the lot said they will "write to the African Union (AU) - a conglomerate of 55 countries including South Africa, Nigeria, Egypt, Zimbabwe, etc. - to cut off all terms and business relations with India." Baishali Adak ...and...

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South Africa: SACP Rubbishes Zuma's Claims About Gordhan's Road Show

AllAfrica.com - 44 minutes ago
The SACP has rubbished President Jacob Zuma's claims that Finance Minister Pravin Gordhan and his deputy Mcebisi Jonas were using an international investment roadshow to push for regime change. "How can you believe such a trip is a trip against the ...and...

Exclusive: South Africa's Zuma considers stepping down early in deal to oust Gordhan

Reuters - 44 minutes ago
JOHANNESBURG Jacob Zuma is considering offering to step down next year, at least 12 months before his term as South African president ends, under a deal with opponents in his ruling party that would see Finance Minister Pravin Gordhan leave office now ...and...

South Africa's Zuma plans to sack finance minister

Nigeria Today - 1 hour ago
South African finance Minister Pravin Gordhan attends the funeral of late South African anti-apartheid activist Ahmed Kathrada at the Westpark Cemetery in Johannesburg, South Africa, on March 29, 2017. South African President Zuma has vowed to sack his ...and...

Zuma to Face Mass Cabinet Walkout If He Fires Gordhan

Bloomberg - 5 hours ago
South African President Jacob Zuma faces a rebellion within his own party if he fires Finance Minister Pravin Gordhan, with about 12 ministers considering resigning their positions and then fighting for the president's removal, according to four people ...and...

A divided alliance: Members stand firm on Gordhan

eNCA - 6 hours ago
... of a looming cabinet reshuffle and Pravin Gordhan's future as finance minister is still not clear. As Gordhan's future hung in the balance, more volatile trading in the rand underlined his reputation as an emblem of South Africa's stability among ...and...

South Africa's Patience Is Running Out

Bloomberg - 6 hours ago
Now Zuma is embroiled in a struggle with his finance minister, Pravin Gordhan, and other cabinet members, claiming that Gordhan and his allies are seeking to undermine him. Zuma's possible firing of Gordhan rattled investors, sparking talk of a ...and...

Explainer: Who might replace Pravin Gordhan as Finance Minister

eNCA (satire) - 8 hours ago
Buthelezi was COO of the investment vehicle Makana Investment Corporation, and a former chairperson of the Passenger Rail Agency of South Africa (Yep, Prasa). Buthelezi and President Jacob Zuma go way back, with Buthelezi serving as Zuma's economic ...and...

Gordhan Watch: 5 Things We Know

Huffington Post South Africa (blog) - 8 hours ago
Nhlanhla Nene was fired as minister of finance one standard, boring Wednesday after the final Cabinet meeting of the year. He was on his way to the gym in Pretoria when he received a phone call to report to the president's office at the Union Buildings ...and...

Zuma, Gordhan Fued Threatens South Africa's Stability

Bloomberg - 8 hours ago
President Jacob Zuma's decision to order Finance Minister Pravin Gordhan to cut short investor roadshow remains a concern for South Africa, ruling ANC's Treasurer-General Zweli Mkhize says at event in Johannesburg. Bloomberg's Justin Carrigan...

Gordhan targeted in Vardospan court battle

eNCA - 9 hours ago
Vardospan is seeking an explanation as to why the South African Reserve Bank, the Registrar of Banks and embattled Finance Minister Pravin Gordhan have not yet pronounced on the deal. However, National Treasury said, because of the relatively low ...and...

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The BRICS New Development Bank meets in Delhi to dash green-developmental hopes?

Links International Journal of Socialist Renewal - 1 hour ago
This week the Guptas are in court fighting Gordhan over his failure to reverse the main SA commercial banks' boycott of Oakbay and other Gupta-owned firms. This boycott is the widely understood reason that Gordhan was recalled from a UK-US investment ...and...

SA Reserve Bank, Registrar of Banks support Gordhan application in Gupta case

Eyewitness News - 8 hours ago
PRETORIA – The South African Reserve Bank governor and the Registrar of Banks have told the court that an order confirming the powers of the Finance Minister would bring stability and certainty to the sector. This was among the submissions in the High ...and...

BNP Paribas SA (BNPQY) Cut to "Sell" at Zacks Investment Research

The Cerbat Gem - 15 hours ago
BNP Paribas SA (NASDAQ:BNPQY) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a report released on Wednesday. According to Zacks, “BNP PARIBAS is a European leader in global banking and financial services ...and...

Banco Santander, SA's (SAN), a stock from Foreign Money Center Banks industry, is worth at $6.20 per share

Street Updates - 23 hours ago
Banco Santander, S.A. (SAN) , a stock from Foreign Money Center Banks Industry, has a value of $6.20 per share, noted a price change of 0.98% in recent trade close. It has a dividend yield of 3.87%. The price to sales ratio is 1.53. The lower price P/S ...and...

Banco Santander, SA (SAN) Receives Consensus Recommendation of “Buy” from Brokerages

BNB Daily (blog) - 1 day ago
Banco Santander, SA is a retail and commercial bank. The Bank's principal business is to attract deposits and provide loans. The Bank focuses its wholesale banking offer on providing services to its main customers in local markets. The Banks segments ...and...

Banco Santander Offers Value

Seeking Alpha - 1 day ago
Banco Santander is a retail-focused bank with a good geographical diversification. It has reported improved financial results despite the economic recession in Brazil. Its capital position is somewhat weak compared to its closest peers, but it has good ...and...

Morgan Stanley rates Banco BTG Pactual stock 'overweight'

Reuters - 2 days ago
SAO PAULO Grupo BTG Pactual SA's stock is undervalued based on its ability to outperform peer banks in Latin America, where investment-banking and asset management activities remain underpenetrated, analysts at Morgan Stanley & Co said on Tuesday ...and...

Gordhan's busy first day back in SA

eNCA - 2 days ago
Gordhan's battle with the Guptas has been defined by claims of state capture and suspicious transactions on one side, and on the other, accusations that the minister and the banks were colluding against President Jacob Zuma's close friends. In the end ...and...

Itau Unibanco Holding SA performed Very Well with a change of 0.24% in the Last Trade

Free Observer - 2 days ago
If you look at the company's income statement over the past years, you will see that the company is constantly posting gross profit: In 2014, ITUB earned gross profit of 0, in 2015 0 gross profit, while in 2016 Itau Unibanco Holding S.A. (ITUB ...and...

Grupo Financiero Galicia SA's (GGAL), a stock from Foreign Regional Banks industry, is worth at $38.62 per share

Street Updates - 2 days ago
Grupo Financiero Galicia S.A. (GGAL) , a stock from Foreign Regional Banks Industry, has a value of $38.62 per share, noted a price change of -1.00% in recent trade close. It has a dividend yield of 0.21%. The price to earnings growth ratio is 0.50 and ...and...

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Foresight Solar puts off JSE listing after GBP 78.5m sale to UK investors

Renewables Now (subscription) - 2 hours ago
... (Renewables Now) - UK-based Foresight Solar Fund Ltd (LON:FSFL) has raised GBP 78.5 million (USD 97.6m/EUR 90.6m) gross from UK investors and it has decided to postpone its plan for a secondary listing on the Johannesburg Stock Exchange...

JSE opens flat, rand firmer as banks recover ahead of Cabinet meeting briefing

eNCA - 3 hours ago
Industrials were off 0.15%. Among individual shares on the JSE‚ Sasol weakened 1.04% to R378.93. Remgro rebounded 1.18% to R214. Bidvest was up 1.54% to R162.52. Among banking stocks‚ Standard Bank added 1.62% to R153.29‚ Nedbank added ...and...

Gordhan's Removal: Would The Markets React Like They Did When Nene Was Fired?

Huffington Post South Africa (blog) - 5 hours ago
Bloomberg noted that the rand hit a 14-year low in the wake of the announcement, and banking stocks plummeted. At the time, Peter Kinsella, head of emerging-market and economic and foreign exchange research at Commerzbank AG in London,...

Jadestone Energy Announces Issuance of Stock Options

MilTech - 17 hours ago
/EINPresswire.com/ — SINGAPORE, SINGAPORE–(Marketwired – Mar 29, 2017) – Jadestone Energy Inc. (TSX VENTURE:JSE) (the „Company”) announces that it has issued an aggregate of 6,500,000 incentive stock options to a number of employees, Officers and ...and...

Pallinghurst turns $45m profit, upbeat on 2017, mulling options

Creamer Media's Mining Weekly - 1 day ago
JOHANNESBURG (miningweekly.com) – Diversified mining company Pallinghurst, which made $45-million profit in 2016, is upbeat on 2017. The Johannesburg Stock Exchange-listed company spoke of all three of its business platforms being well positioned ...and...

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