16/10 South Africa's rand tumbled more than 1% on Wednesday to its softest level in a week after state power utility Eskom said it would implement nationwide blackouts for the first time in more than six months due to capacity shortages.
10/10 Rugby World Cup organisers were forced to call off matches for the first time in the tournament's 32-year history on Thursday - eliminating Italy as a result - saying the risk from Typhoon Hagibis made hosting them an impossibility on safety grounds.
10h12 Zimbabwe has cancelled a deal struck with South African logistics group Transnet and its partner to recapitalise state-owned National Railways of Zimbabwe (NRZ), citing a failure to meet timelines and funding. . .
09h05 South Africa's rand inched lower early on Thursday, extending the previous session's sharp drop as the latest nationwide power cuts by state utility Eskom renewed fears of credit ratings downgrades.. . .
29/08 South African construction
group Aveng on Thursday said its net operating loss
more than doubled in the latest financial year, highlighting the
challenges the company faces as it embarks on a turnaround
strategy.. . .
28/08 South African drugstore
chain Dis-Chem Pharmacies Ltd said on Wednesday that
its revenues rose 13.5% in the five months through July, thanks
to an increase in medicine prices and a jump in wholesale
revenues.. . .
28/08 South African food services
firm Bid Corporation Ltd (Bidcorp) said on Wednesday
the sale of its UK logistics business was back on track and
nearing completion, which would allow the group to focus on. . .
10h38 British lenders expect business
loans will dry up in the next few months at the fastest rate
since the financial crisis, according to a Bank of England
survey on Thursday that augured badly for investment as Brexit
10h34 Vietnam's domestic
coffee prices fell to four-month lows this week, tracking
international prices, while trading was thin in Indonesia at the
end of its main harvest season, traders said on Thursday.
10h32 British shoppers grew more cautious about their spending in the three months to September despite enjoying real growth in their wages, raising concerns about the health of the economy in the run-up to Brexit.
Consumer spending has been the biggest driver of British economic growth since June 201
10h11 Building materials firm Grafton Group Plc
warned on Thursday that its annual profit would miss
expectations, as the UK construction sector grappled with
uncertainties linked to Britain's looming exit from the European
Union.. . .
10h05 German Chancellor Angela Merkel
said a deal on Britain's exit from the EU was still possible as
EU leaders headed to Brussels on Thursday for a two-day summit
dominated by last-gasp negotiations.. . .
10h05 Apple Inc supplier TSMC
raised its 2019 capital spending plan by up to $5
billion on Thursday and forecast a nearly 10% rise in
fourth-quarter revenue on strong demand for faster mobile chips
and new. . .
10h17 Russian oil giant Rosneft
has decided to suspend work at an oil field in Iraqi
Kurdistan because of its proximity to the border with Syria, the
Interfax news agency reported on Thursday, citing Rosneft.. . .
10h04 Japan's Taiju Life Insurance plans
to reduce its holdings of currency-hedged foreign bonds in the
six months to March while increasing those of domestic bonds,
the company's investment planning official said on Thursday.. . .
16/10 The price of bread, Zimbabwe's second most-consumed staple, jumped 60% overnight due to escalating costs of production, the national bakers' association said on Wednesday, adding more woes to consumers grappling with. . .
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