Tuesday, November 20, 2018
JOHANNESBURG - South Africa’s rand edged lower on Friday, giving back gains from earlier this week, as investors took profits and awaited the next market catalyst. At 0630 GMT the rand was 0.32 percent weaker at 14.1800 per dollar after closing at 14.1350 overnight in New York. The rand rallied to...
JOHANNESBURG - South Africa’s rand fell on Thursday as investors await local data releases and the U.S’s Federal Reserve’s meeting later in the day. * At 0717 GMT, the rand fell 0.43 percent to 13.9775 to the dollar, having firmed against a weaker dollar on Wednesday after U.S. midterm elections...
JOHANNESBURG - South Africa’s rand firmed on Wednesday, extending an overnight rally, as dollar buyers favoured caution and assessed U.S. mid-term election results to gauge the possible impact on policy and consequences for global growth. At 0640 GMT, the rand was 0.21 percent firmer at 14.0900 per dollar, having reached...
    JOHANNESBURG - South Africa’s rand weakened in early trade on Tuesday, in line with falls in stocks amid subdued investor appetite for riskier assets ahead of U.S. midterm elections later in the day. At 0650 GMT, the rand traded at 14.1175 per dollar, 0.11 percent weaker, having closed in New...
 JOHANNESBURG - South African private sector activity shrank at the fastest rate in over four years in October as sharp declines in output, new orders and export demand saw firms cut back purchasing amid a recession, a survey showed on Monday. The Standard Bank Purchasing Managers’ Index (PMI), compiled by...
JOHANNESBURG - The South African rand extended its gains against the dollar in early trade on Friday and government bonds firmed as investors moved back into riskier assets, ahead of the closely watched U.S. jobs report. At 0630 GMT, the rand traded at 14.3050 per dollar, 0.66 percent stronger than...
SAO PAULO - Brazil’s Petroleo Brasileiro SA will sell its 50 percent stake in a Nigerian oil and gas exploration venture to a consortium led by top oil trader Vitol for $1.53 billion, the latest step in the state-controlled oil company’s debt reduction drive, according to a securities filing...
JOHANNESBURG - South Africa’s unemployment rate rose to 27.5 percent in the third quarter from 27.2 percent in the second quarter, the country’s statistics office said on Tuesday. There were 6.2 million people without jobs in the three months to the end of September, compared with 6.1 million people in...
JOHANNESBURG - South Africa’s rand firmed against the dollar in early trade on Tuesday, as investors awaited third quarter unemployment data. At 0705 GMT, the rand traded 0.54 percent stronger at 14.6400 per dollar, having closed in New York at 14.7200. The currency is expected to trade in a range of...
JOHANNESBURG - MTN Group, Africa’s biggest mobile operator, reported a 1.1 percent rise in quarterly user base on Monday, helped partly by strong performances in Nigeria, its largest but increasingly problematic market. The company said its user base increased by 2.5 million subscribers to 225.4 million users in the quarter...