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14h50 South Africa's Sibanye-Stillwater has agreed to buy Lonmin for about 285 million pounds ($382 million) in an all-share deal that drove shares in the troubled London-listed platinum miner up by more than a fifth.  Full story
13/12 South Africa's rand rose on Wednesday, helped by a dip in the dollar after disappointing U.S. inflation data, with local market focus still on the ruling African National Congress (ANC) conference starting this weekend to pick a new party leader.  Full story
13/12 Steinhoff International Holdings NV said on Wednesday its consolidated financial results for 2016 will have to be restated and "can no longer be relied upon".  Full story
08/12 Steinhoff shares plunged another 50 percent on Friday, before recovering as traders booked profits on short positions taken out after the South African retailer disclosed accounting irregularities earlier this week.  Full story
11/12 South African exchange operator JSE launched an investigation on Monday into whether Steinhoff broke disclosure rules, heaping pressure on the retailer as it tries to contain an accounting scandal.  Full story
12/12 South Africa's Steinhoff is considering selling stakes worth a combined $1.4 billion in local companies PSG Group and KAP Industrial to help plug a liquidity gap at the retailer, two sources familiar with the matter said.  Full story
18h21 Revenue for the interim period from continuing operations decreased to R376.4 million (2016: R410.4 million), gross profit rose to R216.6 million (2016: R186.6 million), profit attributable to owners of the parent. . .  Full story
17h27 Revenue for the year lowered to R1.014 billion (2016: R1.040 billion) whilst gross profit increased to R698.6 million (2016: R633.1 million). Profit attributable to owners of the parent rose to R92.4. . .  Full story
16h48 South Africa's PPC is not interested in selling its assets or any merger talks in the short-term, the cement producer's chairman said on Thursday after ending talks about a possible deal. . .  Full story
15h01 Revenue for the interim period increased to R155.7 million (2016: R144.9 million) and gross profit rose to R42.1 million (2016: R38.8 million). Operating profit before interest and taxation was higher at. . .  Full story
14h50 South Africa's Sibanye-Stillwater has agreed to buy Lonmin for about 285 million pounds ($382 million) in an all-share deal that drove shares in the troubled London-listed platinum miner up by more. . .  Full story
18h32 Italy's market regulator sparked a political storm on Thursday when he told parliament that an ally of former Prime Minister Matteo Renzi had spoken to him in 2014 about the fate of a struggling. . .  Full story
18h32 Atos said on Thursday it would pursue its "friendly" bid for chipmaker Gemalto, despite a rejection of the French technology company's 4.3 billion euro ($5 billion) offer.. . .  Full story
18h01 Nigerian state governors on Thursday approved the release of $1 billion from the country's excess oil account to the government to help fight the Boko Haram Islamist insurgency.. . .  Full story
17h56 Sberbank plans to meet a government demand to pay 50 percent or more of its earnings in dividends by 2020, if conditions are favourable, German Gref, the chief executive of Russia's largest lender, said. . .  Full story
17h54 Russia's central bank is preparing to merge three pension funds run by bailed out bank Otkritie to create the biggest non-state pension fund in Russia, while guaranteeing payouts to their 7.7 million members, three people. . .  Full story
13/12 Mexico's finance ministry and central bank warned on Wednesday that cryptocurrencies were risky investments and said fundraising programs known as initial coin offerings (ICOs) could potentially violate Mexican financial law.  Full story
13/12 As bitcoin raced to another record high on Tuesday, one of the biggest providers of digital currency wallets, Coinbase, went down under the weight of traffic, leaving many of its more than 10 million customers unable to access their funds.  Full story
13/12 Germany is carefully monitoring the impact of cryptocurrencies on markets, a finance ministry spokesman said on Wednesday, as bitcoin surged and the futures of the best known cryptocurrency made their world debut on a U.S. stock exchange.  Full story
13/12 India's federal tax authority is investigating bitcoin exchanges to try and find a way to tax transactions, an official said on Wednesday, even as its central bank has warned against dealing in virtual currencies.  Full story
13/12 A decade-long, post-financial crisis deterioration in governments' credit ratings looks set to end in 2018, S&P Global said on Wednesday.  Full story
15h32 Standard Bank Group has named Lungisa Fuzile to head its biggest unit in South Africa, assuming some responsibilities from Group CEO Sim Tshabalala.. . .  Full story
13/12 Steinhoff International Holdings NV said on Wednesday that its 2016 financial results will have to be restated, because some of its European unit's 2017 balance sheet assets that are under scrutiny are also relevant to. . .  Full story
13/12 South Africa's rand rose on Wednesday, helped by a dip in the dollar after disappointing U.S. inflation data, with local market focus still on the ruling African National Congress (ANC) conference starting this weekend to. . .  Full story
13/12 following company announcements, scheduled economic indicators, debt and currency market moves and political events may affect South African markets on Wednesday.. . .  Full story
12/12 South Africa's rand weakened on Tuesday as an upcoming conference of the ruling African National Congress (ANC) party to pick a new leader and bets of higher interest rates in the United States kept investors. . .  Full story
18h38 Wall Street indexes hovered around record levels on Thursday, perked up by the Federal Reserve's upbeat view on the economy and news that the Republicans' tax code overhaul is set to face final votes. . .  Full story
18h28 U.S. soybean futures sagged to their lowest in more than four weeks on Thursday, weighed down by forecasts for much-needed rains in Argentina, traders said.. . .  Full story
18h26 U.S. lawmakers from states that produce corn for ethanol plants said on Wednesday they would consider proposals from Senator Ted Cruz of Texas to help the oil refining industry cope with the nation's biofuels regulation,. . .  Full story
17h58 The value of music streaming service Spotify, which is planning a stock market listing, has grown around 20 percent to at least $19 billion in the past few months, outperforming U.S. and European tech. . .  Full story
17h55 U.S. Vice President Mike Pence will delay an upcoming Middle East trip by a few days in case a tie-breaking vote is needed from him for tax cut legislation in Congress, a senior White. . .  Full story
18h13 Virtual currencies like bitcoin present no risks to monetary policy although investors should be aware of the dangers from big price swings, Swiss National Bank Chairman Thomas Jordan said on Thursday.. . .  Full story
18h00 Scotland's government said on Thursday it will raise taxes on higher earners and increase public sector pay as it tried to draw a contrast between its economic plans and those of Britain's national government.. . .  Full story
18h00 The U.S. dollar gained against the euro on Thursday after the European Central Bank raised growth and inflation forecasts for the euro area, but stuck with its pledge to provide stimulus for as long. . .  Full story
17h35 Indonesia's central bank kept its key interest rate unchanged on Thursday, as expected, and said future policy decisions would depend on inflation and a stable rupiah currency amid rate rises by the U.S. Federal Reserve. . .  Full story
17h11 The International Monetary Fund on Thursday welcomed Pakistan's recent rupee devaluation, describing it as important for favourable economic growth momentum.. . .  Full story
16h26 Nigeria plans to issue a 10.69 billion naira ($29 million) debut green bond next week, the first tranche of a 150 billion naira programme, the environment ministry said on Thursday.. . .  Full story
16h24 Nigerian state governors approved on Thursday the release of $1 billion from a foreign reserves account to the government to fight Boko Haram, the governor of Edo state said.. . .  Full story
13h00 Nigeria's central bank repaid a total of 340 billion naira ($1.1 bln) worth of treasury bills on Thursday instead of rolling them over, in a move to lower government borrowing costs,. . .  Full story
12h48 Angola's President João Lourenço has told Angolans to repatriate funds illegally held abroad in coming months or risk prosecution, in a bid to spur domestic investment and combat corruption.. . .  Full story
10h59 Namibia's economy plunged deeper into recession in the third quarter as declines in the construction and trade sectors eclipsed growth in manufacturing and mining, the statistics agency said on Thursday.. . .  Full story
18h22 Lebanon's cabinet approved a bid on Thursday by a consortium of France's Total, Italy's ENI and Russia's Novatek, in the country's much-delayed first oil and gas offshore licensing round, a government source told Reuters.. . .  Full story
17h46 Al Tayyar Travel Group, Saudi Arabia's largest travel company, is planning to expand into Egypt in early 2018, its chief executive told Reuters.. . .  Full story
17h10 The International Monetary Funds says Tunisia is committed to "decisive action" to reform its economy before the IMF reviews the payment of its next loan tranche.. . .  Full story
17h00 Hackers likely working for a nation-state recently penetrated the safety system of a critical infrastructure facility in an attack that caused operations to shut down, according to cyber security firm FireEye Inc , which said. . .  Full story
15h46 Middle Eastern stock markets were mixed on Thursday, with the Saudi Arabian bourse taking little encouragement from the government's announcement of a 72 billion riyal ($19 billion) stimulus package.. . .  Full story
19h03 Niki's administrator began urgent talks on Thursday to find a buyer for the insolvent Austrian carrier after a deal with Lufthansa fell through and with valuable runway slots at risk of being lost.  Full story
18h51 World stock markets were little changed on Thursday after policy meetings from major central banks in Europe, while some U.S. shares were buoyed by news that the Republicans' tax legislation could face final votes in Congress before year-end.  Full story
18h48 A minority of European Central Bank policymakers meeting on Thursday wanted to signal that the ECB may change its easy-money pledge if euro zone inflation keeps accelerating, two sources close to the matter said on Thursday.  Full story
18h45 Hungary will relax rules on the construction of small solar power plants and subsidise loans to landowners as part of efforts to promote renewable energy, a government official said on Thursday.  Full story
18h40 Britain's top share index slipped on Thursday, weighed down by losses among financial stocks, while miner Lonmin soared after a rescue takeover bid.  Full story


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