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South African Markets - Factors to watch on Nov 13

The following company announcements, scheduled economic indicators, debt and currency market moves and political events may affect South African markets on Monday.


Vodacom H1 results

Tongaat Hulett HY results

Lewis Group HY results


South Africa's rand ZAR=D3 slipped to a one-year low on Friday as fears of a ratings downgrade resurfaced on reports President Jacob Zuma is preparing to introduce free tertiary education.


Asian shares stepped back in cautious trade on Monday as investors look to see whether U.S. Republicans can hammer a tax reform deal quickly, while the British pound fell on growing doubts over Prime Minister Theresa May's leadership.


Wall Street ended marginally lower on Friday, with losses in Intel and Apple as investors worried about the future of promised corporate tax cuts following dueling plans unveiled by Republican lawmakers.


Gold prices were little changed on Monday, but held near the previous session's low, pressured by a firmer dollar and expectations of a series of interest rate hikes by the U.S. Federal Reserve this year and in 2018.


For the top emerging markets news, double click on

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Some of the main stories out in the South African press:


- Treasury in retreat as Zuma takes control

- Richemont ups global travel retailer stake


- Economists warn of weaker rand, debt default (Compiled by Joe Brock)

2017-11-13 07:21:03

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