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Anglo American’s South African roots could hinder takeover
13 May 2024 21:25 GMT
… cuts.
Personal opinion
South Africa’s mineral resources minister … American’s leading South African shareholders, which according to … arm of the South African government.
“From the start … value of the JSE (Johannesburg Stock Exchange).”
Key role
Christopher …
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JSE, global stocks rally on Fed rate cut hopes
13 May 2024 06:12 GMT
South African and global stocks had a bullish run yesterday … rate cut hopes.
The JSE index reverted some initial losses to … capital’s benchmark FTSE 100 index, which has been breaking … while for South Africa, the IIF noted South Africa needed an improvement …
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Mergers, Acquisitions And IPOs Would Follow African ScaleUPs
13 May 2024 11:27 GMT
… African online car +auction platform went public on the Johannesburg Stock Exchange (JSE … investor attention to the African market.
Nigeria’s … public markets for African tech ventures which … has scaled into multiple African markets haven raised $509M …
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How One Poll Transformed South Africa’s Bond Market Fortunes
10 May 2024 18:09 GMT
… on the debt.
South African local currency bonds trailed … their toes into South African government bonds again.”
Bloomberg … African bonds that month, based on settled trades data reported by exchange … operator JSE Ltd. They were …
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Lesaka leaps 12% at JSE after raising quarterly revenue and narrows loss
10 May 2024 12:22 GMT
Shares in rapidly expanding South African fintech company, Lesaka Technologies, … afternoon trade on the JSE yesterday after the company … and payments business across Southern Africa.
This week, Lesaka reached … in afternoon trade on the JSE.
The company’s net …
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Pan African upgrades full-year guidance buoyed by soaring gold price
10 May 2024 10:04 GMT
… year.
This at an assumed exchange rate of $1:R18.50 … is working with an updated exchange rate and gold price $1 … ” expected in due course.
Shares in Pan African were 1.26% firmer … in afternoon trade on the JSE yesterday.
BUSINESS REPORT
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Shareholders question JSE’s ‘team big business’ board
10 May 2024 04:16 GMT
… the JSE Ltd, the company that operates Africa’s largest stock exchange, says …
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News24 Business | Business brief | Host of JSE stocks up profits; Mitsubishi hit with R18bn in damages over US crash
09 May 2024 17:24 GMT
(Nigel Jared/Getty Images)
In a busier day for corporate news, happily a list of companies - including Lesaka, KAL, enX, Sappi, and Pan African Resources - reported profit growth, or improved losses. In international news, Mitsubishi Motors has been …
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SA gold shares: how high can they go?
09 May 2024 13:46 GMT
In contrast to PGM miners, these are good times for Gold Fields, Harmony Gold and AngloGold Ashanti
09 May 2024 - 05:02 by David McKay
At this time of near-record gold prices, it’s worth asking whether JSE-listed miners of the metal have ever had it so …
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Absa opens a representative office in China to boost trade with Africa
09 May 2024 03:30 GMT
… , Mauritius, Mozambique, Seychelles, South Africa, Tanzania, Uganda and Zambia and … Nigeria and the US, and securities entities in the UK and … across Africa, as well as distribute economic or general securities research … R147.55 on the JSE yesterday afternoon.