The markets await news on interest rates from the Federal Reserve Bank, the rand is a little perkier, and French aerospace giant, Airbus, lands the biggest-ever aircraft order in the history of commercial aviation.
Telkom shares surged after receiving a bid for a controlling stake by a group of investors, not a great day on the markets but some good news - according to Bloomberg South African food inflation is easing.
Stand by for another week of reduced load shedding, the rand consequently improves, and the BRICS summit could have a new host relieving international pressure to arrest Putin should he set foot on South African soil.
South Africa's current account deficit shrinks, a slight decrease in load shedding sees the rand improve marginally, and the country moves to resolve Russia conundrum.
Business confidence in South Africa falls, the Independent Centre for Development and Enterprise blasts the country's "anti-growth strategy', and big business leaders meet with the president.
SA's GDP rises slightly, the country loses its bid to host a Formula One race due to its political alliance with Russia, and professional golf's warring partners have come together in a shock merger.
A drop in the price of diesel and fuel tomorrow, paper giant Mondi to divest its operations in Russia, and Apple unveils its first major product in over a decade - it will set you back about R70 000.
Plans to deliver electricity to 20 major Gqeberha businesses being held up by government red tape, Transnet costs the country billions, and a nervous day on the markets.
Plans to deliver electricity to 20 major Gqeberha businesses being held up by government red tape, Transnet costs the country billions, and a nervous day on the markets.
Plans to deliver electricity to 20 major Gqeberha businesses being held up by government red tape, Transnet costs the country billions, and a nervous day on the markets.
Plans to deliver electricity to 20 major Gqeberha businesses being held up by government red tape, Transnet costs the country billions, and a nervous day on the markets.
The rand hits fresh record lows against the dollar, the International Criminal Court has stern words for the government ahead of BRICS summit, and Eskom reports massive pre-tax losses.
A direct warning to the ANC government from the Reserve Bank, shares in Telkom have risen, and Gartner fined R50m for its role in state capture at SARS.
The Public Investment Corporation is backing a possible bid led by the former CEO of Telkom for a 35% stake in the mobile phone company, Eskom's next CEO could be a woman, and Rhamaposa transfers the task of new electricity generation.
Global investors look to East Africa, a new international airport on the cards for SA, and the rand plunges to a record low. (Chris Buchanan was standing in for Chris Gibbons)
26 May 2023
2 min
520 – 540
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