South Africa
South Africa Taps Gulf Expertise for $9.5bn State Property Company
Pretoria is exploring a fundraising vehicle and private capital as it prepares a company to manage 88,000 buildings and five...
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Absa Group Half-Year Earnings Rise 8% to R12.8bn
South African lender Absa Group reported an 8% increase in half-year headline earnings, supported by higher revenue and lower credit...
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South African Rand Strengthens Ahead of Inflation Data
The South African rand strengthened against the US dollar in early trading on Monday as investors looked ahead to July...
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South African Rand Steady Ahead of Key Jobs, Manufacturing Data
The South African rand was broadly steady in early trading on Tuesday as investors awaited the release of labour market...
Read moreSouth African Rand Gains Ahead of Manufacturing and Vehicle Sales Data
The South African rand strengthened in early trading on Monday ahead of the release of manufacturing purchasing managers’ index (PMI)...
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Johannesburg Stock Exchange’s half-year profit slips on lower equity trading Amid Economic Challenges
South Africa’s Johannesburg Stock Exchange Ltd (JSE) reported a slight dip in half-year profits on Wednesday, reflecting the impact of...
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Woolworths Projects Up to 32% Drop in Full-Year Headline Earnings Amid Weak Sales and High Living Costs
South African upmarket fashion and food retailer Woolworths has forecast a decline of up to 32% in full-year total headline...
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