Rand, Bonds surge as Zuma reappoints Gordhan as FinMin
The Rand had its biggest one-day advance since October 2008 after President Zuma reappointed Pravin Gordhan to oversee the National Treasury.
JSE
AB InBev to list on JSE mid-Jan 2016
AB InBev has announced its intention to list on the Johannesburg Stock Exchange mid-January 2016.
Daniel Silke: Gordhan’s appointment, Zuma’s loss. Iron grip dented.
The firing of Nhlanhla Nene at the behest of President Jacob Zuma was the type of political decision-making that was set to have consequences, says Daniel Silke.
Lesiba Mothata: Economic sanity follows Nene out the door. Emergency MPC?
Economic sanity had prevailed in South Africa until Finance Minister Nhlanhla Nene was shown the door, says Lesiba Mothata.
Are JSE shares expensive? Our graphic shows current 20 PE dangerously high
The rational approach is to only invest in shares when the odds are in your favour; and hold back or even lighten your stake when conditions are unfavourable.
Steinhoff lists on Frankfurt SE, largest in 2015. Secondary listing on JSE.
Steinhoff commenced trading on the Frankfurt Stock Exchange with a market capitalisation of EUR19 billion, the largest prime standard listing in Germany this year.
Rand holds ground – Touch firmer despite credit rating downgrade
The Rand was a touch firmer against the dollar on Monday despite last Friday’s credit rating downgrade from Fitch, suggesting the market had largely priced in the move.
German tax squad raids Steinhoff offices, share price down over 6%
Steinhoff says German authorities searched its offices in November in connection with tax investigations, which comes ahead of its FSE listing on December 7.
SA remains a good place to live – let’s keep it that way
Alec Hogg says by many measures, South Africa remains a rather pleasant place to live. Active citizenry through holding those in power accountable, is the most efficient approach to ensure it stays that way.
Naspers considers raising $2.5bn to fund further acquisitions
Naspers is considering raising $2.5 billion to fund acquisitions as it looks to continue its expansion in fast-growing online markets in developing countries.