Flash Briefing: Bidding war for Moz gas giant; PSG at 20% discount; Rand falls sharply
Energy group Anadarko Petroleum, which owns huge tracts of gas reserves in Mozambique, has become the subject of a bidding war.
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Energy group Anadarko Petroleum, which owns huge tracts of gas reserves in Mozambique, has become the subject of a bidding war.
America’s S&P 500 and Nasdaq Composite indexes reached new all-time highs yesterday. Gains took the S&P past its peak set on September 20 last year; and the Nasdaq beyond the all-time high of August 29.
The Capitalist Party of South Africa last night tabled a plan to hand over direct ownership of the country’s 715 state owned enterprises to citizens.
One thing these commentators on cryptocurrencies appear to agree on, is a creative use of language in their arguments.
The South African Reserve Bank says the damage done by state capture is worse than previously understood.
South African Reserve Bank governor Lesetja Kganyago re-iterated the argument for an independent central bank, describing it as a shield against bad political leadership.
Last week’s ousting of Sudan’s supposed president for life, 75-year-old Omar al-Bashir, is ushering in a raft of new democratic freedoms.
South Africa’s one-time go-go stock EOH, whose share price has lost almost two thirds of its value this year, confirmed the shareholders’ worst fears.
Nicholas Weaver says the entire cryptocurrency ecology is rife with fraud, criminalities and he is surprised that government authorities have not acted against it.
Finance Minister Pravin Gordhan has been subpoenaed by the Public Protector to submit an affidavit related to the so-called SARS rogue unit.