22/01 Shares in Massmart Holdings Ltd fell more than 21 percent on Tuesday after the South African retailer posted lower-than-expected full-year sales and said it expected its headline earnings to drop by up to 44 percent.
21/01 Africa's biggest pay-TV
business Multichoice plans to pay a 2.5 billion rand ($181
million) dividend two years after leaving its parent of three
decades - media and e-commerce group Naspers - and
pursuing a listing solo in South Africa.
21/01 Further to the announcement issued by Naspers on the JSE's Stock Exchange News Service ("SENS") on 17 September 2018, Naspers proposes to unbundle its video entertainment business ("Business") currently held by its wholly owned subsidiary, MultiChoice Group Ltd. ("MultiChoice"), to the holde
17/01 Shares in Woolworths fell more than 8 percent on Thursday after the South African department store operator posted slower half-year sales growth and said it expected its headline earnings to drop by 5 percent in the period.
11h29 South Africa's headline consumer inflation slowed to 4.5 percent year on year in December from 5.2 percent in the previous month, in line with expectations of economists polled by Reuters, data. . .
22/01 South Africa's Gold Fields
said on Tuesday that rumours it was looking to merge
with rival bullion firm AngloGold Ashanti were
"absolutely false" after shares of both companies firmed on
speculation of a merger.. . .
22/01 Shares in Massmart Holdings
Ltd fell more than 21 percent on Tuesday after the
South African retailer posted lower-than-expected full-year
sales and said it expected its headline earnings to drop by up
to 44 percent.. . .
18h00 U.S. Treasury yields rose on
Wednesday as a rebound in Wall Street stock prices pared some
safe-haven demand for U.S. government bonds even though
investors remain worried about slowing economic growth and the
U.S.-China trade tensions.
Analysts expect the $15.6 trillion market sector to be stuc
17h59 IndiGo, India's
biggest airline by market share, will take more deliveries of
the longer-range Airbus A321neo aircraft next year as it plans
to launch more international flights, its interim CEO said on
Wednesday after the company's profit fell sharply.
17h45 Chinese battery maker
Contemporary Amperex Technology Ltd (CATL) eyes an
annual production of 60 gigawatt hours (GWh) from 2026 at its
first European production site in Germany, a senior CATL manager
said on Wednesday.. . .
17h40 Workers at German carmaker
Audi's Hungarian business will go on a one-week strike
for higher wages from Thursday, the president of the AHFSZ trade
union was quoted by state news agency MTI as saying. . .
17h47 Deutsche Bank said
on Wednesday it had received requests for information from
regulators and law enforcement agencies around the world that
are investigating a money laundering scheme involving Danske
Bank.. . .
17h25 German Chancellor
Angela Merkel delivered a robust defence of the post-war
multilateral order on Wednesday, lauding compromise as a virtue
in international relations in a veiled criticism of U.S.
President Donald Trump.. . .
17h43 Indian Prime Minister Narendra
Modi's ruling party could be crushed by an opposition alliance
in the country’s most populous state of Uttar Pradesh in a
general election, which is due by May, according to. . .
16h41 Pakistani Finance Minister
Asad Umar unveiled a package of measures on Wednesday to boost
exports and investment and help Islamabad address a severe
balance of payments squeeze that has forced it to turn to. . .
17h34 The chief executive of Deutsche
Bank, Christian Sewing, said on Wednesday the lender had the
biggest interest in cooperating with German prosecutors who
searched its offices in November as part of an investigation
into money. . .
16h33 Kenya's finance ministry has sought proposals from banks and firms to provide lead manager services for the issuance of a new Eurobond, it said on Wednesday, confirming an earlier source-based report. . .
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