
Flash Briefing: CEO-firing stocks plunge; Boris in big lead; Carbon Tax now law; S&P holds SA rating
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Former UK foreign secretary and London mayor Boris Johnson has emerged as the strong frontrunner to succeed British Prime Minister Theresa May, who steps down on June 7.
The South African Treasury last night released details of the long anticipated Carbon Tax proposals which have now been signed into law by the president.
Late on Friday evening, ratings agency S&P, one of the US’s Big Three, left South Africa’s sovereign debt ratings unchanged at below investment grade.
South African stocks closed last week slightly firmer, offsetting a sharp decline in gold shares with the major indices ending a quarter percent better on Friday.
The South African Treasury last night released details of the long anticipated Carbon Tax proposals which have now been signed into law by the president.
Late on Friday evening, ratings agency S&P, one of the US’s Big Three, left South Africa’s sovereign debt ratings unchanged at below investment grade.
South African stocks closed last week slightly firmer, offsetting a sharp decline in gold shares with the major indices ending a quarter percent better on Friday.