Prosus soars on debut; A friend in Moody’s; Shake the Baobab tree; SA/UK trade deal; Bridge over troubled Brexit
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In today's business headlines:
Shares in Prosus, the Naspers spin-off which includes the groups 31% stake in Chinese tech giant Tencent, surged on its debut on the Euronext stock exchange in Amsterdam jumping by as much as 32% above its reference price in early trading;
South Africa has dodged the Moody’s downgrade bullet again;
Finance Minister Tito Mboweni has taken to Twitter to inspire his followers to get out of their comfort zones and "Shake the baobab tree!" as business confidence has slumped to its lowest level since the 1980s;
South Africa and the other four members of the Southern African Customs Union, Botswana, Lesotho, Namibia and Eswatini have reached a deal to govern trade between them if the U.K leaves the EU on 31st of October; and
British Prime Minister Boris Johnson's plan to build a bridge over the Irish Sea to link the UK and Northern Ireland.
Shares in Prosus, the Naspers spin-off which includes the groups 31% stake in Chinese tech giant Tencent, surged on its debut on the Euronext stock exchange in Amsterdam jumping by as much as 32% above its reference price in early trading;
South Africa has dodged the Moody’s downgrade bullet again;
Finance Minister Tito Mboweni has taken to Twitter to inspire his followers to get out of their comfort zones and "Shake the baobab tree!" as business confidence has slumped to its lowest level since the 1980s;
South Africa and the other four members of the Southern African Customs Union, Botswana, Lesotho, Namibia and Eswatini have reached a deal to govern trade between them if the U.K leaves the EU on 31st of October; and
British Prime Minister Boris Johnson's plan to build a bridge over the Irish Sea to link the UK and Northern Ireland.
