18.6 C
South Africa
Thursday, January 17, 2019

Apple launches payments service in Germany following delay

FRANKFURT (Reuters) - Apple has launched its mobile payments service...

Manufacturing output jumps, boosting rand

JOHANNESBURG - South Africa's manufacturing output rose more than expected in October to its highest level since June 2016, data showed on Tuesday, lifting...

Anglo American sees higher production between 2018 and 2021

(Reuters) - Miner Anglo American Plc expects an incremental rise in production between 2018 and 2021 and costs to fall, its chief executive officer...

Rand firmer as dollar slides on soft payrolls data

JOHANNESBURG - South Africa's rand firmed in early trade on Monday as the dollar dropped after soft U.S. payrolls data fuelled speculation that the...

Absa bank aims to lift lagging return on equity by 2021

JOHANNESBURG - South African lender Absa Group set out new targets to raise its return on equity (RoE) by around 4 percent by 2021,...

Kenyan finance minister welcomes NIC Bank, CBA merger talks

NAIROBI - Merger talks between NIC Bank and Commercial Bank of Africa were welcome because a deal would help strengthen the financial sector, Kenya's...

Bank Windhoek becomes first commercial lender in southern Africa to issue green bond

WINDHOEK (Reuters) - Bank Windhoek has issued Namibia's first green...

Steinhoff shares tumble after accounts, PwC probe delayed

JOHANNESBURG - A probe into accounting irregularities at Steinhoff International and the release of the retailer's restated results have been delayed, it said on...

South Africa’s rand weakens on risk aversion

JOHANNESBURG - South Africa's rand weakened against the dollar in early trade on Thursday as fears of a fresh flare-up in tensions between the...

South Africa’s Eskom wants state to take on $7.2 bln of its debt

JOHANNESBURG (Reuters) - South Africa's struggling state-run power firm Eskom...

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