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Fin24.com | Coronavirus: Shares worldwide on course for the worst week since 2008
Posted: Fri, 28 Feb 2020 18:11:51 +0200
Fear over the economic fallout from the spreading coronavirus tightened its grip on global markets, sending US equities to a seventh straight loss and sparking demand for safe assets from Treasuries to the yen.
Fin24.com | Denel readies to report back on audit cleanup
Posted: Fri, 28 Feb 2020 17:01:39 +0200
Denel says it has put in place an "audit fix plan" and will be submitting its first progress report in March after implementing several accounting reforms.
Fin24.com | Fuel prices projected to fall as coronavirus fears impact global oil price - AA
Posted: Fri, 28 Feb 2020 10:13:07 +0200
'The impact of the novel coronavirus outbreak on global economic activity cannot be over-stated,' says the AA
Fin24.com | Tongaat Hullett finds buyer for its starch business
Posted: Fri, 28 Feb 2020 17:33:31 +0200
Tongaat Hullett will sell its starch business to la subsidiary of logistics company Barloworld for R5.35 billion, which will help reduce its debt.
Fin24.com | Eskom expects no load shedding on Friday, but warns of vulnerable system
Posted: Fri, 28 Feb 2020 08:53:07 +0200
The power utility says it is making use of emergency reserves to supplement generation capacity.
Fin24.com | Publication of SAA business rescue plan extended until end March
Posted: Fri, 28 Feb 2020 13:50:42 +0200
The embattled airline's business rescue practitioners say the plan is still being finalised.
Fin24.com | Budget 2020 in a nutshell | No major tax changes and ambitious proposal to cut state wage bill
Posted: Wed, 26 Feb 2020 19:48:34 +0200
A proposal to cut the state's wage bill by R160.2 billion over three years as Treasury warns of ever-rising debt repayment costs was one of the key announcements in the 2020 Budget.
Fin24.com | Blue Label hopeful of Cell C's prospects - despite its stake sitting at R0
Posted: Fri, 28 Feb 2020 16:39:25 +0200
Blue Label Telecoms wrote down its entire stake at Cell C in 2019. And after calling in a valuation specialist, its value remained at R0 in the first half of the group's 2020 financial year.
Fin24.com | Zimbabwe, SA now have the same growth forecast for 2020 from the IMF
Posted: Fri, 28 Feb 2020 15:11:17 +0200
The fund has revised its 2020 growth projection for Zimbabwe from 2.7% to just 0.8%.
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