
SA bond dump; Stocks bullied, gold glitters; Credit Suisse sees SA light; Former Eskom execs want top job; Facebook recorded you
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In today’s business headlines:
Investors have been dumping South African bonds at a rate of almost R2bn a day in August.
South African stocks approached a six months low yesterday but gold shares are still shining. The JSE all-share index dropped by 2.11% while the benchmark Top-40 index was 2.37% down.
Credit Suisse suggested that investors should start to accumulate shares focused on the South African economy.
There are a couple of former Eskom executives keen to take on the job as CEO.
Facebook is being quizzed by EU regulators for transcribing audio of customers using the Messenger app.
Investors have been dumping South African bonds at a rate of almost R2bn a day in August.
South African stocks approached a six months low yesterday but gold shares are still shining. The JSE all-share index dropped by 2.11% while the benchmark Top-40 index was 2.37% down.
Credit Suisse suggested that investors should start to accumulate shares focused on the South African economy.
There are a couple of former Eskom executives keen to take on the job as CEO.
Facebook is being quizzed by EU regulators for transcribing audio of customers using the Messenger app.