Wednesday, 22 August 2018

Category: Markets

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  • Sea Harvest anticipates lower earnings

    Sea Harvest anticipates lower earnings

    JSE-listed and vertically integrated fishing company Sea Harvest expects its interim basic earnings a share to decline by at least 31 percent as it absorbs the costs related to acq ...

  • Rand drops to its weakest level in 2018

    Rand drops to its weakest level in 2018

    The rand suffered big losses last week and on Friday slid to its worst level this year against the dollar. On Friday afternoon the rand traded on R14.08 to the dollar. This was 80c ...

  • Oil prices up

    Oil prices up

    Oil rose yesterday, recouping some of the previous day’s steep price slide, after the first round of US sanctions against Iran came into effect, although confidence in crude demand ...

  • Rwanda to host Africa Chief Executives forum for 2019

    Rwanda to host Africa Chief Executives forum for 2019

    After a record attendance for the 2018 edition, including the presidents of Côte d’Ivoire, Ghana and Zimbabwe, the continent’s major decision-makers will meet once again in Kigali, ...

South Africa ends trade row with US

South Africa ends trade row with US

South Africa has fixed a trade row with the United States which threatened millions of dollars’ worth of business, its trade minister has said. The US had said it would throw Sout ...

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Dar es Salaam – Nairobi flights now cheaper

Dar es Salaam – Nairobi flights now cheaper

Air flights to and from Nairobi from Dar es Salaam are to become much cheaper since the low cost carrier, Fastjet is now operating in the route. Fastjet has announced to extend wi ...

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Business report: The Sage Group’s growth in the African market

Business report: The Sage Group’s growth in the African market

According to their 2015 report, The Sage Group has recorded tremendous growth in the African market. Thanks to the availability of telecommunications infrastructures in some Afric ...

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JSE announces dates for reduced settlement cycle

JSE announces dates for reduced settlement cycle

The Johannesburg Stock Exchange (JSE) will implement the final phase of its move to a T+3 settlement cycle in the middle of next year. Implementation, to take place between June 2 ...

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Mobile money bridges Ghana financial sector divide

Mobile money bridges Ghana financial sector divide

The growth of mobile money services is transforming the lives of millions of Ghanaians previously excluded from the West African country’s financial sector. The service, which is ...

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MTN Zakhele lists on JSE

MTN Zakhele lists on JSE

MTN Zakhele has listed on the Empowerment Segment of the Johannesburg Stock Exchange's Main Board. Established as a vehicle for previously disadvantaged South Africans to invest i ...

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Summit to reflect on strength of African bourses

Summit to reflect on strength of African bourses

The African Securities Exchanges Association will later this month hold its annual conference in Johannesburg, South Africa. It will be held under the theme, “Africa Evermore: Gro ...

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JSE halts trade on MTN Group

JSE halts trade on MTN Group

The MTN Group’s woes emanating from its hefty fine in Nigeria have taken a new twist after the Johannesburg Stock Exchange suspended all trade of stock of the mobile network opera ...

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New Air Corridor aims to boost Africa-Asia trade

New Air Corridor aims to boost Africa-Asia trade

Mauritius, the Indian Ocean island, is poised to live up to its potential as a gateway for business in Africa following the country’s official airline signing a major deal creatin ...

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JSE registers 15th listing of the year

JSE registers 15th listing of the year

Trellidor, the manufacturer of custom-designed security barrier systems, has listed on the Johannesburg Stock Exchange (JSE), becoming the 15th company to list on the bourse this ...

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