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SA Business

S.African rand firms in volatile trade, stocks fall

14/01 The South African rand strengthened on Friday, but lost some of its early gains as the dollar regained some ground.. . .  Full story

S.African unions get green light to strike at Sibanye-Stillwater gold mines

14/01 South Africa's labour arbitration body has cleared unions to give Sibanye-Stillwater notice of a strike after the two sides failed to resolve a dispute over wages for gold mine workers, the company said on Friday.. . .  Full story

J&J booster 85% effective against Omicron hospitalisation, S.Africa says

14/01 A Johnson and Johnson COVID-19 vaccine booster shot is 85% effective in protecting against being hospitalised by the Omicron variant for 1-2 months after it is received, the head of South Africa's Medical Research Council. . .  Full story

SA Company

New COVID strain hits revival of S.Africa's international tourist trade

09/12 Rushdi Harper's tour company in Cape Town was just starting to recover from a disastrous COVID-19 lockdown that had forced him to sell his house just to keep the business going.. . .  Full story

S.African retailer Mr Price to source more products locally

25/11 South African retailer Mr Price is looking to source 20 million more units of clothing and homeware locally in a shift away from constrained global supply chains, its CEO said after the company reported. . .  Full story

South African Markets - Factors to watch on Nov. 25

25/11 NNESBURG, Nov 25 - The following scheduled economic events, company announcements, equity and currency market moves may affect South African markets on Thursday.. . .  Full story


Global vaccine-sharing programme reaches milestone of 1 billion doses

15/01 The COVAX global vaccine-sharing programme has delivered 1 billion COVID-19 vaccine doses, one of the organisations which manages it said on Saturday.. . .  Full story

GSK rejects 50-billion-pound Unilever offer for consumer assets

15/01 GlaxoSmithKline on Saturday said it had rejected a 50-billion-pound offer from Unilever for its consumer goods arm, saying it "fundamentally undervalued" the business and its future prospects and that it would stick to its plan. . .  Full story

Yamal gas pipeline continues flowing eastwards from Germany to Poland

15/01 The Yamal-Europe pipeline, which usually sends Russian gas west into Europe, flowed east from Germany to Poland for a 26th successive day on Saturday, data from German network operator Gascade showed.. . .  Full story


Apple to require employee proof of COVID-19 booster -The Verge

15/01 Apple Inc will require retail and corporate employees to provide proof of a COVID-19 booster shot, The Verge reported on Saturday, citing an internal email.. . .  Full story

Reliance, Ola Electric, Mahindra bid for incentives under India's battery scheme

15/01 India's Reliance Industries , Softbank Group-backed Ola Electric and automaker Mahindra & Mahindra have submitted bids under the country's $2.4 billion battery scheme, the government said on Saturday.. . .  Full story

Mexico says panel should rule on auto dispute with U.S. by Q3

15/01 An arbitration panel looking at a Mexican complaint regarding U.S. interpretation of how free trade rules apply to the continental automotive industry should make a ruling by the third quarter of this year, Mexican. . .  Full story


China's Q4 GDP growth seen hitting 1-1/2-year low, raising heat on policymakers

16/01 China's economy likely grew at the slowest pace in 1-1/2 years in the fourth quarter, dragged by weaker demand due to a property downturn, curbs on debt and strict COVID-19 measures, raising heat on. . .  Full story

India proposes mandatory side, curtain airbags in all cars from Oct

15/01 India, which has among the world's deadliest roads, on Saturday proposed mandating at least six air bags in all passenger cars manufactured from Oct. 1.. . .  Full story

Malaysia's Jan 1-15 palm oil exports fall 32.1% - AmSpec Agri

15/01 . . .  Full story


Turkish finance minister sees single-digit inflation by mid-2023

15/01 Turkey's annual inflation rate will be in single digits by the time presidential and parliamentary elections set for mid-2023 are held, Finance Minister Nureddin Nebati said on Saturday.. . .  Full story

Stocks stumble, yields jump on rates outlook; oil rallies

14/01 Global stock markets stumbled again on Friday and U.S. Treasury yields climbed as cautious investors worried about how imminent U.S. interest rate hikes would affect the economy.. . .  Full story

Dollar snaps three-day losing streak as selling pressure abates

14/01 The U.S. dollar snapped a three-day losing streak on Friday as the recent selling spree driven by the view that Federal Reserve tightening moves were largely priced in abated, and as weaker risk appetite. . .  Full story


Rwanda expects 10.2% economic growth in 2021 -finance minister

13/01 Rwanda expects its economy to have grown 10.2% in 2021 after contracting 3.4% a year earlier, helped by improved performance in agriculture, recovery in industry and construction, the finance minister said.. . .  Full story

Ghana at growing risk of debt crunch, analysts warn

13/01 Fast-rising debt levels and choking interest payments are putting Ghana at growing risk of a debt crisis, economists are warning.. . .  Full story

Ghana plans to issue $4.05 billion in bonds in first quarter

11/01 Ghana plans to issue 24.5 billion cedi ($4.05 billion) of bonds in the first quarter of 2022, according to the government's issuance calendar seen on Tuesday.. . .  Full story