Will China grow faster in 2021? Risk, opportunities – With insights from The Wall Street Journal
‘Just as the rest of the world is ramping back up – China’s heavy industrial complex seems likely to cool’, says The Wall Street Journal.
Caterpillar
New threat to SA food security as ‘armyworm’ attacks corn supply
South African corn farms are suffering extensive damage from what appears to be an alien caterpillar that destroyed fields in other countries in the region.
David Shapiro: Resources, retail and oil worries in Africa
Time now for us to get a more in-depth view of how the markets are trading and more analysis of this with our favourite market commentator, David Shapiro from Sasfin.
Sasha Naryshkine: “I would sell Telkom in a heartbeat!”
Lunchtime market update on CNBC Africa’s PowerLunch with Sasha Naryshkine talking about Telkom, Astral Foods, Barloworld and life with oil at $80 in Africa.
Barloworld posts FY profit on after-market sales
Barloworld reported a 7 percent rise in full-year profit on Monday, as after-market sales helped the logistics and heavy equipment firm overcome weakness in the mining industry and a slowdown in Russia.
Thumbs up for new SARS Commissioner Moyane – but with a health warning
The appointment of the new head of SA Revenue Services, Thomas Moyane, has generally been welcomed by private sector tax practitioners. The former head of Correctional Services carries a good reputation, and although unquestionably a “deployed cadre”, follows in the footsteps of similar appointments who were unqualified successes. Tax specialist Ernie Lai King, who recently … Read more
Warning to non-execs: After R63m loss, Eqstra mulls suing Protech directors
The final chapter is yet to be written in the shambles at liquidated JSE-listed Protech Khutele. It is a sad tale of an incompetent directorate supported by compliant analysts who signed on behalf of auditors PWC. After writing off its R63m investment in Protech, Eqstra CEO Walter Hill says the loss would have been avoided … Read more
GE’s Immelt says Ex-Im bank closure would hurt US-Africa trade
(Reuters) – Trade ties between the United States and Africa will be hit if the U.S. Congress decides to close the Export-Import bank, the Financial Times reported General Electric Co Chief Executive Jeff Immelt as saying. The Ex-Im Bank provides loans, loan guarantees and credit insurance to help private companies export goods overseas. Its biggest … Read more