South Africa’s producer price inflation slowed to 6.9 percent year-on-year in September from 7.2 percent in August, the statistics office said on Thursday.
The South African rand recovered some of its poise against the dollar on Thursday after retreating sharply overnight when the U.S. Federal Reserve surprised global markets with a fairly hawkish policy statement.
Eyethu Orange Farm Mall, owned by the community and the JSE-listed Dipula Income Fund, has finally opened its doors. It is set to create about 1 500 jobs.
Failed South African lender African Bank Investments is collecting around $230 million of debt a month and has applied for a new banking licence as a step towards re-listing, its government-appointed supervisor said on Wednesday.
South Africa’s power supply is “severely constrained” and will remain so for the rest of the week because of technical problems, state-run power utility Eskom said on Wednesday.
Ian Kilbride, asset management entrepreneur who shook up the market, reflects on 25 great years of doing business and making a life in South Africa.
South Africa’s rand was steady against the U.S. dollar on Wednesday after rallying to its strongest level in 7 weeks overnight, alongside other emerging currencies as investors bet that U.S. interest rates would remain low for some time.
Futuregrowth’s Paul Semple explains why his company has made a R2bn bet in a district others have shunned. With 15% yields on offer, who wouldn’t be?
Africa’s largest retailer Shoprite provided the spark that helped the JSE end a three-day losing streak, though a gloomy outlook for resources capped gains.