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16/01 South Africa is pushing ahead with a plan to offer free university education to students from poor households and will announce funding details in next month's budget, Finance Minister Malusi Gigaba said on Tuesday.  Full story
16/01 South Africa's rand rose to its strongest since July 2015 early on Tuesday as it crossed crucial technical points and ignited offshore buying interest.  Full story
16/01 South Africa's central bank said on Tuesday it had appointed Fundi Tshazibana as the seventh member of its monetary policy committee, and that the former IMF staffer will also act as advisor to the current governors.  Full story
16/01 Nicolaas Kruger will step down as the chief executive of MMI Holdings with effect from Feb. 15, the South African life insurer said on Tuesday, sending its shares up nearly 7 percent.  Full story
16/01 A South African court has authorized the freezing of 1.6 billion rand ($130 million) in assets earned by global consultancy McKinsey and a firm linked to friends of President Jacob Zuma, a source at the state prosecutors' office told Reuters.  Full story
16/01 The Foschini Group (TFG) reported a more than 30 percent jump in December sales, buoyed by recent British acquisitions, lifting the South African retailer's share price by 5 percent.  Full story
07h11 Bitcoin extended its sharp tumble of the past 24 hours, skidding more than seven percent on Wednesday in a rapid downturn in fortunes as investors were spooked by fears regulators might clamp down on an asset whose value has skyrocketed in the past year.  Full story
05h54 Singapore authorities say they have uncovered a complex, cross-border scheme to steal large quantities of oil from Shell's biggest refinery.  Full story
00h43 Bitcoin had lost a quarter of its value in early Asian trading on Wednesday as fears grew of a regulatory crackdown after reports that South Korea's finance minister said banning trading in cryptocurrencies was still an option.  Full story
16/01 The Nigerian Stock Exchange (NSE) expects a bill that will allow it to be publicly listed will be signed into law this year, its chief executive Oscar Onyema said on Tuesday.  Full story
16/01 A South African court has authorized the freezing of 1.6 billion rand ($130 million) in assets earned by global consultancy McKinsey and a firm linked to friends of President Jacob Zuma, a source at the state prosecutors' office told Reuters.  Full story
16/01 Nicolaas Kruger will step down as the chief executive of MMI Holdings with effect from Feb. 15, the South African life insurer said on Tuesday, sending its shares up nearly 7 percent.  Full story
16/01 South Africa's rand rose to its strongest since July 2015 on Tuesday as it crossed crucial technical points and ignited offshore buying interest.  Full story
15/01 South Africa's rand was steady in early trade on Monday, buoyed by uncertainty after Cyril Ramaphosa, the new leader of South Africa's ruling African National Congress, said queries about President Jacob Zuma's fate would be addressed "as time goes on".  Full story
16/01 South Africa is pushing ahead with a plan to offer free university education to students from poor households and will announce funding details in next month's budget, Finance Minister Malusi Gigaba said on Tuesday.  Full story
16/01 Singapore authorities say they have uncovered a complex, cross-border scheme to steal large quantities of oil from Shell's biggest refinery.  Full story
15/01 Half-year profit at South African retailer Woolworths Holdings could fall by as much as 17.5 percent, it said on Monday, sending its shares down more than 9 percent.  Full story
16/01 South Africa's central bank said on Tuesday it had appointed Fundi Tshazibana as the seventh member of its monetary policy committee, and that the former IMF staffer will also act as advisor to the current governors.  Full story
16/01 The Foschini Group (TFG) reported a more than 30 percent jump in December sales, buoyed by recent British acquisitions, lifting the South African retailer's share price by 5 percent.  Full story
16/01 South African drugmaker Adcock Ingram forecast on Tuesday an at least 27 percent rise in half-year headline earnings per share.  Full story
21/12 South African investor Christo Wiese has sold an additional 1.1 billion rand ($87 million) of shares in supermarket group Shoprite, exchange filings showed on Thursday, after his exposure to scandal-hit retailer Steinhoff dented his fortune.  Full story
07/12 Shocked Steinhoff shareholders have wiped more than $12 billion off its value since it revealed "accounting irregularities" and parted ways with its chief executive, in a dramatic fall from grace for the South African retailer.  Full story
19/12 Steinhoff is not able give the magnitude of a accounting irregularities in its books, it said on Tuesday, as the South African retailer grapples to contain the worst crisis in its five-decade history.  Full story
04/01 Steinhoff's finance chief stepped down from the role on Thursday to focus on helping the South African retailer plug a 2.4 billion euro ($2.9 billion) hole in its finances after an accounting scandal.  Full story
02/01 Steinhoff will have to restate its 2015 accounts and maybe earlier figures, the South African retailer said on Tuesday, having already warned on its 2016 numbers.  Full story
21/12 South Africa's ruling African National Congress has adopted a resolution calling for the nationalisation of the central bank and land expropriation without compensation, a senior party official said on Wednesday.  Full story
28/12 Ratings agency Moody's on Thursday downgraded Steinhoff's debt deeper into "junk" territory and warned further downgrades could follow due to mounting cash flow problems at the South African retail group.  Full story
09/01 South Africa's rand strengthened on Tuesday, touching its highest level in two sessions, after rumours that President Jacob Zuma had stepped down spurred a temporary rally in the currency against the greenback.  Full story
20/12 Businessman Cyril Ramaphosa, the new leader of South Africa's ruling ANC party, needs to fix a sluggish economy and a deeply divided society. Market euphoria after his election may not reflect the looming slog, fund managers say.  Full story
12/01 A South African market regulator said on Friday it was reviewing volatile trading activity sparked by market speculation that a research group would release a negative report on a listed firm.  Full story
21/12 Cyril Ramaphosa may have won the race to be leader of the African National Congress, but he failed to decisively wrest control of South Africa's ruling party from President Jacob Zuma.  Full story
15/01 South Africa's rand was steady in early trade on Monday, buoyed by uncertainty after Cyril Ramaphosa, the new leader of South Africa's ruling African National Congress, said queries about President Jacob Zuma's fate would be addressed "as time goes on".  Full story
03/01 South Africa's rand gained more than one percent on Wednesday, reversing losses from earlier in the session to trade at a three-day high as investors betting on a dollar recovery bought the local currency cheap.  Full story
05/01 The rand is likely to weaken over 12 percent this year, hit by doubts about how much the new leader of the ruling African National Congress, Cyril Ramaphosa, a promised reformer, can do for South Africa's ailing economy.  Full story
10/01 South Africa's rand weakened as much as 1.7 percent in midday trade on Wednesday to its worst in nearly three weeks after the ruling African National Congress said an early exit for President Jacob Zuma had not been discussed at a party meeting.  Full story
09/01 Eleven men were charged in a Singapore court on Tuesday in connection with a large-scale oil theft at Shell's biggest refinery, while police said they were investigating six other men arrested in a weekend raid.  Full story
27/12 South Africa's rand inched firmer on Wednesday, still riding the wave of positive sentiment following Cyril Ramaphosa's election as the leader of the ruling African National Congress and also helped by a global rally in resource prices.  Full story
28/12 South Africa's trade surplus soared to 13.02 billion rand ($1.06 billion) in November, its highest in a one-and-a-half years as exports of mineral and chemical products as well as commodities and vehicles grew briskly while imports were subdued.  Full story
21/12 Canada's trade financing agency Export Development Canada (EDC) said on Thursday it has scrapped a deal to help finance the sale of a Bombardier Inc jet to the wealthy Gupta family in South Africa.  Full story
03/01 Zimbabwe has invited bids for stakes in up to eight loss-making state-owned enterprises, including its national airline and power utility, to help plug a ballooning budget deficit, its deputy finance minister said on Wednesday.  Full story
28/12 South Africa's rand on Thursday extended gains that have seen it soar to its firmest in two-and-a-half years, with investors believing a leadership change in the ruling party would spur an economic rebound.  Full story
19/12 South African banking stocks rallied on Tuesday, buoyed by optimism that the newly elected leader of the ruling African National Congress will push through policies aimed at putting the economy on a stronger footing.  Full story
29/12 South Africa's rand was firmer on Friday, the last trading day of the year, as continued volatility in low liquidity conditions saw the currency touch and then retreat from levels near its 2-1/2 year best.  Full story
19/12 South Africa, the world's seventh biggest wine producer, is expected to see the smallest harvest in more than a decade in 2018 after drought and lower plantings hit yields, industry experts said.  Full story
15/01 Half-year profit at South African retailer Woolworths Holdings could fall by as much as 17.5 percent, it said on Monday, sending its shares down more than 9 percent.  Full story
16/01 A South African court has authorized the freezing of 1.6 billion rand ($130 million) in assets earned by global consultancy McKinsey and a firm linked to friends of President Jacob Zuma, a source at the state prosecutors' office told Reuters.  Full story
11/01 A financial services subsidiary of South Africa's Bidvest Group said on Thursday it has acquired Cannon Asset Managers as part of an acquisition drive to expand into investment management.  Full story
20/12 Workers at South Africa's Shoprite will go on a one-day strike on Dec. 22 to protest a change in working hours, their union said on Wednesday  Full story
10/01 State oil giant Saudi Aramco has hired Olivier Thorel, a former senior executive at Royal Dutch Shell, as executive director for its chemicals business, the company said on Wednesday.  Full story
02/01 South Africa's rand was firmer on the first trading day of 2018, buoyed by improved sentiment for emerging currencies and a sluggish dollar.  Full story


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