What crisis? Rob Davies shrugs off SA corporate flight, says foreigners investing

Trade and Industry Minister Rob Davies is charged with growing the industrial base of South Africa. I have been keen to catch up with him, specifically to hear his plan to combat the growing number of SA corporates who are taking their investments away from home. His response in today’s interview was illuminating. Davies said … Read more

Midday market report

Local trade was subdued with the index trading flat prior to GDP numbers at 11:30, which came in below estimates at 1% year-on-year and 0.6% quarter-on-quarter. Indicative of the pressure felt by the industrial action that took place in the mining and metal sector, in which they showed negative growth. In Company news, Aveng released … Read more