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Fin24.com | Market underestimates 'noise and tension' over land expropriation - analyst
Posted: Fri, 16 Nov 2018 21:00:09 +0200
The market underestimates the amount of "noise and tension" likely to follow the Joint Constitutional Review Committee's recommendation that the Constitution be explicitly changed to allow for expropriation without compensation.
Fin24.com | Brexit means EU needs bank champions, German regulator says
Posted: Fri, 16 Nov 2018 22:42:16 +0200
The UK’s impending exit from the EU increases the need for banking giants in the bloc that can rival those in London and New York, according to Germany’s central bank.
Fin24.com | Dis-Chem briefly shuts Mall of Africa branch, operates on skeleton staff amid strike
Posted: Fri, 16 Nov 2018 19:05:27 +0200
Dis-Chem downplayed the Nupsaw wage strike on Friday, saying a small percentage of employees were participating from the company’s distribution centres as an “opportunistic membership drive” ahead of the festive season.
Fin24.com | Markets WRAP: Rand strengthens by over 1% against dollar in afternoon trade
Posted: Fri, 16 Nov 2018 17:05:06 +0200
After weakening against the greenback in the early afternoon, the rand strengthened in the late afternoon to trade at R14/$.
Fin24.com | Moyane tackles Gupta tax refunds, ‘enmity’ with Gordhan in new affidavit
Posted: Fri, 16 Nov 2018 18:08:05 +0200
The "enmity" between Public Enterprises Minister Gordhan and former SARS commissioner Tom Moyane is one of the issues the latter mentions in his latest ConCourt document.
Fin24.com | VBS blindsided us, admits local government body
Posted: Fri, 16 Nov 2018 15:39:52 +0200
The South African Local Government Association was not aware of VBS's issues until it was too late, national executive committee member Bhekumuzi Stofile has told Parliament.
Fin24.com | JSE erases earlier gains to close weaker
Posted: Fri, 16 Nov 2018 18:45:47 +0200
JSE erases earlier gains to close weaker on Friday as blue chips lost momentum in the afternoon session.
Fin24.com | Brexiteers bet the UK can defy gravity in post-divorce trade
Posted: Fri, 16 Nov 2018 15:38:19 +0200
The UK’s hard-line Brexit backers are making their move. If they get their way on new trade arrangements, they’ll face a test of gravity.
Fin24.com | Gold Fields smuggles in workers by night to bypass strikers
Posted: Fri, 16 Nov 2018 14:36:56 +0200
Gold Fields is having to sneak maintenance teams into its South Deep mine in South Africa after protesters shot at vehicles trying to enter the site, where workers have been on strike.
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