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Wednesday, September 18, 2019

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Tag: JSE

South Africa’s stock market defies recession, scales record highs

South Africa’s main stock index scaled a record high on Monday, underscoring the market’s disconnect from an economy mired in recession, hobbled by damaging ratings downgrades, and still largely defined by...

Gloom gripping South African economy

Barclays Africa Group just delivered further evidence that South Africa’s economy won’t be climbing out of the doldrums anytime soon. The Johannesburg-based lender kicked off the earnings reporting season for South Africa’s...

Barclays Africa weathers economic storm for now

South Africa’s tough economic conditions have taken their toll on Barclays Africa , with the bank’s revenue falling by 1%. It still outperformed its UK counterpart, which felt the effect of its...

Finance Minister receives SAA’s CEO submission

Finance Minister Malusi Gigaba has received the South African Airways (SAA) submission on who should be its next Chief Executive Officer. “Having followed due process the SAA board has made...

Kaap Agri’s bountiful harvest

An old Swartland-based farmers’ co-operative – which a dozen years ago barely churned R30m in profits – now looks set to list on the JSE with profits of more than R210m in...

LAST 7 DAYS

Xenophobic Violence

[youtube https://www.youtube.com/watch?v=ma73FHuut5k] In South Africa, racial tensions have been running high in recent months. Riots and lootings against foreign nationals have been ramping up across...

Saldanha air route to open

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