As the world continues to face challenges in dealing with the Coronavirus (COVID-19) pandemic, we are taking steps to provide some safety measures to our clients and staff.
Given the wide-ranging impact of the pandemic and in line with advice from government and the World Health Organisation (WHO), limiting unnecessary human contact is an invaluable precaution. We therefore strongly encourage you to use our suite of digital tools and trading platforms for your financial needs. Digital platforms provide an efficient, fast, safe and nearly instantaneous solution to many, if not all your investing requirements, away from public spaces.
KEEPING EVERYONE SAFE
The safety of our employees and clients is something that we care deeply about. While the extent of COVID-19 is still unknown, our plans have the necessary flexibility to evolve as the situation requires.
As a result, Sharenet will unfortunately not be accommodating client meetings at a branch level, for the forceable future. As soon as the situation changes, we will advise you, our valuable clients accordingly.
The widespread concern around COVID-19 creates the perfect opportunity for cybercriminals to defraud customers. To ensure protection against targeted ransomware and Malware attacks, remember to install the latest version of a Multi-layered Antivirus program and never share your account details online or via email.
Sharenet remains fully operational and should you experience any technical difficulty, rest assured that our superior support staff is ready to assist with any technical queries and can be reached on:
07/07 Africa is expected to
partially rebound next year from a pandemic-induced economic
slump, but it could still lose nearly a quarter of a trillion
dollars in economic output in 2020 and 2021, the African
Development. . .
07/07 South African media and
e-commerce group Naspers plans to lay off more than
500 employees and close a number of newspapers and magazines,
including leading weekly tabloid the Sunday Sun, its print
division Media24 said. . .
07/07 South Africa's consumer confidence plunged to a 35-year low in the second quarter, moving deeper into the negative territory as the COVID-19 pandemic hammered the economy, a survey showed on Tuesday.. . .
07/07 South Africa retailer Massmart Holdings Ltd has started talks with unions to cut up to 1,800 jobs at the company's struggling Game stores as constrained spending and the new coronavirus weigh. . .
07/07 The South African central bank reduced its government bond purchases to 5 billion rand ($292.64 million) in June, half the monthly average, bringing its bond holdings to 35.9 billion rand, data. . .
07/07 South African chemicals and fertiliser maker Omnia Holdings swung into a full-year profit in the year to end March, it said on Tuesday, after restructuring measures helped strengthen its balance sheet. . .
07/07 The following company announcements,
scheduled economic indicators, debt and currency market moves
and political events may affect African markets on Tuesday.
- - - - -
* Seychelles to. . .
03/07 South Africa's central bank has issued a 3.45 billion rand ($200 million) guarantee to bail out the Corporation for Public Deposits (CPD), a government investment arm hit by surging defaults at. . .
03/07 Zimbabwe's Landela Mining Venture has reached agreements to take over and revive four idle state-owned gold mines and is in talks to buy more assets from a privately-owned bullion producer, its. . .
03/07 South Africa's National Treasury said on Friday there was "no further action" planned to bailout struggling national airline SAA except to settle guaranteed debt as attempts to revive the airline hang. . .
03/07 South Africa's telecoms regulator ICASA said on Thursday it is preparing to issue an invitation to apply (ITA) for high demand spectrum and the Wireless Open Access Network (WOAN), a significant. . .
03/07 South African private sector activity shrank much less quickly in June, after a record pace of contraction the month before, as the easing of a nationwide lockdown to contain the coronavirus. . .
02/07 South Africa's rand firmed
on Thursday after the country recorded a surprise current
account surplus and demand for emerging market currencies was
boosted by strong jobs data in the United States that encouraged
risk-taking.. . .
02/07 Administrators at South African Airways (SAA) aim to publish a revised restructuring plan on July 7 incorporating some ideas from committees representing the airline's creditors and employees, the administrators' spokeswoman said. . .
02/07 Activity at Societe Miniere de Bisunzu's (SMB) coltan mine in Congo's North Kivu province is continuing as normal and supply chains were not disrupted despite violent clashes last week, the region's. . .
02/07 African countries have lost almost $55 billion in travel and tourism revenues in three months due to the coronavirus pandemic, the African Union (AU) commissioner for infrastructure and energy said on. . .
01/07 Virus-related claims from just over 500 small South African firms battling insurers who have rejected them are worth up to 4 billion rand ($232 million), the firm representing the businesses has. . .
01/07 Johannesburg Stock Exchange (JSE) on Wednesday issued a public censure and a maximum fine of 7.5 million rand ($435,000) on sugar producer Tongaat Hulett Ltd due to non-compliance with its listing. . .
01/07 A pan-African education group
backed by global investment firm Actis has acquired its first
university in Nigeria as it seeks to make inroads into Africa's
largest economy, its chief executive told Reuters.. . .
01/07 South Africa's rand edged firmer early on Wednesday, shaking off data revealing the economy was already in contraction before the coronvirus lockdown as investors looked to pocket the local unit's. . .
01/07 Steinhoff International, battling the fallout from a massive accounting fraud, faces legal claims amounting to more than 9 billion euros ($10.10 billion), the South African retailer's annual report showed on Wednesday.. . .
30/06 South Africa's rand fell
against the U.S. dollar on Tuesday as data showed the domestic
recession deepened in the first quarter of this year - before
the coronavirus pandemic hit the country and put. . .
30/06 From a $15 million World Bank fund to an experimental gold-buying project in Burkina Faso, development agencies are delivering financial aid to subsistence miners the COVID-19 pandemic has impoverished.. . .
30/06 Mobile operator MTN Group
launched its 5G network across major cities in South
Africa on Tuesday, joining Vodacom Group and Rain in
the race to expand fifth-generation technology in the country.. . .
30/06 CMA CGM, the
world's fourth-largest container shipping line, will impose
emergency congestion surcharges at Cape Town port in July due to
disruptions caused by the coronavirus, it has told customers.. . .
30/06 South Africa's recession deepened in the first quarter of 2020, with official data on Tuesday showing that gross domestic product contracted 2% from the previous three months, led by declines in. . .
30/06 South Africa's first-quarter expenditure on gross domestic product (GDP) contracted by 2.3% in quarter-on-quarter terms after contracting by 1.2% in the fourth quarter of last year, the statistics agency said on. . .
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