PRETORIA, Mar 5 – The Bank of Namibia and the South African Reserve Bank have taken another step to strengthen financial cooperation, …
South Africa
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JOHANNESBURG, Mar 4 – South Africa’s private sector activity remained stable in February, with the headline Purchasing Managers’ Index unchanged at 50.0 …
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JOHANNESBERG, Mar 4 – Chery Automobile said it will introduce its iCAUR V23 electric sports utility vehicle brand in South Africa in …
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JOHANNESBERG, Mar 4 – Woolworths Holdings reported higher half year earnings, supported by strong demand for premium food products during the Black …
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Banking & Finance
South African lender Nedbank posts higher annual profit on lower impairment charges
JOHANNESBERG, Mar 3 – Nedbank Group reported a 2% increase in full-year headline earnings, as lower credit impairments helped offset modest revenue growth. …
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JOHANNESBURG, Mar 3 – Shoprite Holdings, South Africa’s largest grocery retailer, reported a 7.7% increase in first half profit, supported by resilient …
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JOHANNESBURG, Mar 2 – Rio Tinto has approved the restart of the 473 million dollar Zulti South mineral sands project in South …
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JOHANNESBURG, Mar 2 – The South African rand weakened sharply in early Monday trading as escalating conflict in the Middle East unsettled …
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JOHANNESBURG, Feb 26 – South Africa’s producer inflation slowed further at the start of the year, pointing to easing cost pressures across …
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CAPE TOWN, Feb 26 – South Africa plans to introduce a legal framework known as a fiscal anchor to strengthen public finances …