Thursday, 14 December 2017

Category: Markets

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World Bank upholds South Africa’s economic growth

World Bank upholds South Africa’s economic growth

The World Bank today maintained South Africa’s economic growth this year at 0.6% despite citing that economic activity expanded at a faster-than-expected rate in the second quarte ...

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China-SA host small business enterprises fair

China-SA host small business enterprises fair

South Africa will co-host the China International Small and Medium Enterprises Fair (CISMEF) which aims to unlock markets for small businesses and cooperatives. The 2017 edition o ...

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Sun International strives to cut its debt

Sun International strives to cut its debt

JSE-listed hotel and gaming group Sun International plans to pare down its debt and boost its balance sheet in the year ahead after having made a number of significant investments ...

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fastjet renews growth plans

fastjet renews growth plans

fastjet Plc will begin flying from Mozambique this year and expects to start internal South African services in 2018 as it renews growth plans put on hold as losses mounted. With ...

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Petrol price goes up to R14 per litre – SA

Petrol price goes up to R14 per litre – SA

The price of petrol will rise by between 25 and 29 cents per litre from the 4th of October, according to The Department of Energy. Petrol will cost R14.01 inland and will cost R13 ...

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Angolan President Lourenco vows to rebuild the economy

Angolan President Lourenco vows to rebuild the economy

Angola’s first new president in almost four decades vowed to rebuild an economy devastated by falling oil prices and fight corruption at his inauguration on Tuesday. João Lourenço ...

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Rwanda’s growth is down to 4%

Rwanda’s growth is down to 4%

Rwanda's economic growth slowed to 4% year-on-year in the second quarter of 2017, data showed yesterday, though the finance minister said he was expecting an improvement in the re ...

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Unilever to acquire Remgro’s spreads for R11 billion

Unilever to acquire Remgro’s spreads for R11 billion

Unilever has agreed to a deal with South African investor Remgro, buying Remgro’s 26% stake in its South African subsidiary in exchange for its southern African spreads business a ...

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SMEs face tight credit squeeze under tougher norms – Kenya

SMEs face tight credit squeeze under tougher norms – Kenya

Small and medium-sized enterprises (SMEs) face a credit squeeze when banks adopt tougher standards of scrutinising borrowers, analysts said. Analysts at Britam Asset Managers said ...

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South Africa issues $ 2.5 billion bonds

South Africa issues $ 2.5 billion bonds

South Africa has issued a pair of dollar bonds in overseas capital markets worth $2.5 billion. This to help finance its foreign currency commitments, National Treasury said on Wed ...

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