Oil prices firm on concerns over Strait of Hormuz plans
By Stephanie Kelly LONDON, Aug 7 (Reuters) - Oil prices edged higher on Friday on further concerns surrounding the reopening of the Strait of Hormuz and potential Iranian bans and fines on vessels it
South African clothing factories struggle after migrant workers flee
By Nellie Peyton and Thando Hlophe NEWCASTLE, South Africa, Aug 6 (Reuters) - Weeks after xenophobic protests drove thousands of migrant workers from South Africa, rows of sewing machines stood idle
Pick n Pay retrenchments stretched as retailer faces court
Pick n Pay's primary union, the South African Commercial, Catering and Allied Workers Union (SACCAWU), has dragged the retailer to the Labour Court, in...
Dangote has ‘strong intent’ for South Africa listing after Nigeria IPO...
By Colleen Goko JOHANNESBURG, Aug 5 (Reuters) - The Johannesburg Stock Exchange has engaged with Nigeria's Dangote Group and said the company could list its petroleum refinery in South Africa after a
aReit considers JSE delisting as financial reporting backlog persists
The aReit board is considering delisting from the Johannesburg Stock Exchange (JSE) amid challenges to clear a backlog in financial reporting.
The board announced that...
Nedbank warns of rising credit defaults as inflation squeezes consumers
Nedbank has warned that elevated inflation and higher interest rates are placing consumers under increasing financial pressure, resulting in a rise in credit defaults.
Speaking...
