Towards the end of every month South Africa’s Consumer Price Inflation (CPI) and Producer Price Inflation (PPI) is released by Stats SA. These statistics are typically released a day apart, with CPI first and PPI following the next... Read more
Local markets
The JSE opened firmly in the red maintaining the negative slide into midday. The All Share Index was 1.45% lower at 12:00pm with resource stocks losing 1.79%. Weak performing global markets weighing heavily on investor sentiment.
The... Read more
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South Africa's rand gained against the dollar on Friday supported by better-than-expected trade data while financial firms led the bourse lower.
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Impala Platinum's Zimbabwe unit Zimplats Holdings said on Friday its total ore mined in the second quarter increased by about 5 percent from the previous quarter while revenue dropped.
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Zimbabwe's central bank said on
Friday it would intervene to force banks to slash "punitive"
lending rates of as high as 50 percent that are partly blamed
for slowing economic recovery.
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Britain's leading share index
ended lower on Friday, led by falls in commodity stocks after
weak U.S. growth data raised fresh concerns about the global
economic recovery.
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Zambia, Africa's largest copper producer, has continued to attract mining investments to lift output to 750,000 tonnes this year and 1 million in 2012, central bank governor Caleb Fundanga said on Friday.
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South Africa said it was
concerned Coal of Africa's Vele mine was carrying out illegal
activities and that it may halt development at the colliery if
the company has flouted environmental laws.
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South Africa cannot afford pay
demands from thousands of public service workers and hopes a
deal can be reached next week before a strike widens to nearly a
million workers, a minister said on Friday.
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BP Plc is seeking to sell its
German petrol station chain Aral for around 2 billion euros
($2.6 billion), German magazine Wirtschaftswoche reported on
Saturday, citing investment bankers familiar with BP's plans.
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An Israeli air strike has killed a Hamas military commander and rocket-maker in the Gaza Strip, the Islamist group that rules the Palestinian territory said on Saturday.
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For most countries, the economic future is anything but rosy. Old economic certainties are being questioned and some have suggested that shareholder value creation is no longer an appropriate... Read more
The price you pay for a share is just as important as deciding which shares to acquire. You cannot simply purchase shares at any price - you need to purchase them at the right price. Read more
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