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South Africa's Woolworths expects annual profit to slump

10h32 South African department store chain Woolworths Holdings Ltd warned on Thursday that annual profit would fall by up to 20 percent, hurt by "extremely" challenging trading conditions in its home market and Australia.. . .  Full story

South Africa's Woolworths sees annual profit slump on challenging conditions

08h37 South African department store chain Woolworths Holdings Ltd warned on Thursday that annual profit would fall by up to 20 percent, hurt by "extremely" challenging trading conditions in its home market and Australia.. . .  Full story

South African Markets - Factors to watch on July 19

08h08 following company announcements, scheduled economic indicators, debt and currency market moves and political events may affect South African markets on Thursday.. . .  Full story

South African rand dips on dollar resurgence, stocks rise

18/07 South Africa's rand was slightly weaker on Wednesday despite better-than-anticipated inflation and retail sales figures, as the dollar reached two-week highs.. . .  Full story

South Africa gold producers offer single-digit pay hikes to unions

18/07 South African gold producers said on Tuesday they had offered annual wage increases of up to 6.5 percent to miners and up to 4.5 percent for skilled workers, far short of union demands and. . .  Full story

Shoprite annual sales growth slowed by Angola

18/07 Africa's biggest supermarket chain Shoprite Holdings said on Wednesday annual turnover increased by 3.3 percent, missing analyst estimates, as problems stemming from currency devaluation in Angola weighed on group performance,. . .  Full story

South Africa gold producers offer single-digit hikes - document

18/07 South African gold producers have offered wage increases of around up to around 6 percent to most rank and file miners and up to around 4.5 percent for more skilled workers, according to a. . .  Full story

South African Markets - Factors to watch on July 18

18/07 following company announcements, scheduled economic indicators, debt and currency market moves and political events may affect South African markets on Wednesday.. . .  Full story

South Africa's rand retreats as bears await rate decision; stocks up

17/07 South Africa's rand weakened on Tuesday, giving way to a recovering dollar and the return of bearish positioning ahead of consumer inflation and retail data that precede a central bank decision on lending rates.. . .  Full story

South Africa's Amplats, PIC create venture fund to lift PGM industrial demand

17/07 World no. 1 platinum producer Anglo American Platinum has spun off an internal fund and invested $100 million in a new venture capital fund with an aim to stimulate industrial demand for platinum group metals. . .  Full story

Amplats, PIC invest $200 million in platinum venture funds

17/07 South Africa's Anglo American Platinum has invested $100 million in two venture capital funds focused on increasing demand for platinum group metals, it said on Tuesday.. . .  Full story

South African rand firmer in scramble ahead of rates decision, stocks sag

16/07 South Africa's rand rallied to a new one-month high on Monday, maintaining a surprise run fuelled by an uncertain dollar trajectory and a tidy return for investors looking for high yields outside developed markets.. . .  Full story

Amplats expects first-half profit to more than quadruple

16/07 South Africa's Anglo American Platinum (Amplats) flagged a more than 350 percent increase in half-year profit boosted by improved operational performance and a more favourable rand basket price for the metal. Amplats said it expects headline. . .  Full story

MTN's Dubai subsidiary sells MTN Cyprus for $304 million

16/07 South Africa-based mobile telecommunications company MTN Group Ltd said on Monday its Dubai subsidiary sold its Cyprus business to Monaco Telecom S.A for 260 million euros($304 million).. . .  Full story

South African Markets - Factors to watch on July 16

16/07 following company announcements, scheduled economic indicators, debt and currency market moves and political events may affect South African markets on Monday.. . .  Full story

Workers resume at MTN Nigeria after days of labour unrest

13/07 Workers resumed at MTN Nigeria on Friday after the country's labour union picketed the South African telecoms company over the rights of workers to join unions, the company said.. . .  Full story

South Africa's rand firmer with carry plays back on; stocks slip

13/07 South Africa's rand extended gains on Friday despite the dollar regaining its footing, as investors picked the currency over other emerging markets to take advantage of the carry trade on offer.. . .  Full story

South African Markets - Factors to watch on July 13

13/07 following company announcements, scheduled economic indicators, debt and currency market moves and political events may affect South African markets on Friday.. . .  Full story

South Africa's rand stronger on sell-off retreat, stocks falter

12/07 South Africa's rand regained as much as 2 percent on Thursday after an easing in the sell-off on emerging markets stemming from fears of a trade war between the United States and China.. . .  Full story

South Africa's rand ends winning streak on trade war fears

11/07 South Africa's rand retreated more than one percent on Wednesday as fears of a trade war between the United States and China hit global demand for emerging market currencies.. . .  Full story

S.Africa's Woolworths recalls frozen savoury rice product amid listeria outbreak in Europe

11/07 South African department store chain Woolworths Holdings Ltd is recalling a frozen savoury rice mix following a worldwide product recall issued by the Hungarian Food Safety Agency due to an outbreak of listeria in Europe.. . .  Full story

Barclays Africa returns to its South African roots with Absa rebranding

11/07 Barclays Africa changed its name back to Absa on Wednesday, in a rebranding aimed at underlining its South African roots as Britain's Barclays gradually retreats from the continent.. . .  Full story

Rio Tinto's minerals sands operation in South Africa shut by protests

11/07 A mineral sands operation on the South African coast run by Rio Tinto has been closed since Friday due to violent community protests which saw a security guard killed earlier this week, the. . .  Full story

South African Markets - Factors to watch on July 11

11/07 following company announcements, scheduled economic indicators, debt and currency market moves and political events may affect South African markets on Wednesday.. . .  Full story

South Africa's rand holds on to gains, Naspers drags bourse lower

10/07 South Africa's rand extended gains on Tuesday from the last three sessions as a lull in global trade war fears lifted demand for emerging currencies, while market heavyweight Naspers and resources firms led stocks lower.. . .  Full story

South African Markets - Factors to watch on July 10

10/07 following company announcements, scheduled economic indicators, debt and currency market moves and political events may affect South African markets on Tuesday.. . .  Full story

South African fund Hospitality acquires Tsogo casinos

09/07 South African propertyy fund Hospitality Property Fund has acquired seven casino and hotel businesses from Tsogo Sun in a shares and subscription agreement worth 23 billion rand ($1.72 billion), the companies said on Monday.. . .  Full story

MTN Nigeria yet to file IPO application, securities regulator says

08/07 MTN Nigeria is yet to file its application for an initial public offering (IPO), Nigeria's securities regulator said on Sunday, a much-anticipated share listing that could help revitalise the local stock market.. . .  Full story

South Africa's rand firms as U.S. jobs data hits dollar

06/07 South Africa's rand firmed on Friday after U.S. employment data disappointed dollar bulls, while stocks took a hit from fears about the beginning of a U.S.-China trade war.. . .  Full story

MTN Uganda says government security personnel raided its data centre

06/07 MTN Uganda, a unit of the South African telecoms firm, said government security personnel had raided its data centre and disconnected four of its servers.. . .  Full story

MTN Uganda says security personnel raid its data center, disconnect 4 servers

06/07 MTN Uganda, a unit of the South African telecoms firm, said security personnel had raided its data and disconnected four of its servers.. . .  Full story

South Africa's rand firmer as trade jitters ease, stocks falter

05/07 South Africa's rand rallied to its firmest in one week on Thursday, taking advantage of a slip in the dollar to push past key technical level as investors took profits on the greenback's recent. . .  Full story

South Africans paying too much for private healthcare - watchdog

05/07 South Africans are paying too much for private healthcare, the country's antitrust watchdog said on Thursday, adding patients are sometimes prescribed treatments they don't need by an industry with limited competition.. . .  Full story

Amplats sells stake in Rasimone mine to RBplat for $135 mln

05/07 South Africa's Anglo American Platinum (Amplats) has sold its one-third stake in the Rasimone mine to its joint venture partner for $135 million, it said on Thursday, the company's latest disposal as part of a. . .  Full story

Angloplat sells stake in Rasimone JV to RBplat for $135 mln

05/07 South Africa's Anglo American Platinum has sold its one-third stake in Bafokeng Rasimone Platinum Mine (BRPM) to joint venture partner Royal Bafokeng Platinum for 1.863 billion rand ($135 million), it said on Thursday.. . .  Full story

South African rand eases amid global trade worries

04/07 South Africa's rand weakened on Wednesday, giving up earlier gains despite the dollar treading water, amid global trade tensions before a U.S. deadline to impose tariffs on Chinese imports.. . .  Full story

S.Africa's Sasol senior employees want to strike over black employees' scheme - union

03/07 South Africa's trade union Solidarity has been given a mandate by senior members to strike at energy giant Sasol over its plan to launch a share ownership scheme exclusively to black staff, a union. . .  Full story