Latest Southern Africa Stock Markets News
- European Union regulators commence probe into BHP Billiton bid for Rio Tinto - Update 6 Jul 2008 06:33 GMT
... takeover also needs agreement from Australia and South Africa. Asian and European steel makers have opposed ... of 3.82 million shares. On the London Stock Exchange, BLT.L closed Friday's regular trading session at ...
- Revealed: how amid talk of sanctions the UK invests £10m in Harare 5 Jul 2008 22:31 GMT
... is ‘close to completion’ EMBASSY in the Zimbabwean capital is at an advanced stage, Brian ... stage, Brian Bruce, the chief executive of South Africa's leading construction group Murray & Roberts, said ...
- Will unbundling help Richemont re-rate? 5 Jul 2008 18:14 GMT
... which is currently occupying the minds of a host of tax lawyers both in South Africa and Europe. For investors, and also the JSE however, the prospects of a new, extremely ...
- Is India's largest cell company Bharti Airtel gearing up for a MTN bid? 5 Jul 2008 17:51 GMT
... bid for MTN but for the South African company, defence rather than just attack now ... more competitive than many African markets, including South Africa. However, on the pumped Bombay stock exchange, Bharti is highly rated (like MTN) and ...
- Nigerian Dangote buys into SA cement firm 5 Jul 2008 17:50 GMT
... has acquired a 45 percent stake in South Africa's Sephaku Cement for 3 billion rand ($378 ... Congo, Equatorial Guinea, Ethiopia, Tanzania, Senegal and Zambia. Sinoma and Dangote also signed another contract ...
- Saving culture needs boosting from financial agents 5 Jul 2008 07:17 GMT
... rated as one of the lowest in Africa, can be positively be reformed through moral suasion initiatives from ... in nine African countries, including South Africa, Botswana, Zambia, Uganda, Tanzania, Malawi, Lesotho, Kenya and ... Operations will soon be expanded to Rwanda, Angola, Cameroon and Swaziland. ...
- Zimbabwe: ZSE Shares Fall Against U.S. Dollar 5 Jul 2008 04:31 GMT
... economic conditions. The staggering performance of the Zimbabwe Stock Exchange-listed companies in United States dollar ... six months shedding close to US$6. The South Africa-based cement manufacturing company opened the year at ...
- ADAG seeks probe 4 Jul 2008 22:36 GMT
... proposed swap deal between Mr Anil Ambani’s ADAG and South African based telecom giant MTN. RIL wants to prevent ... second letter from RIL to R-ADAG. Initially RIL wrote to South Africa's MTN that it had the first right of ... cap is more than Rs 89,888 crore. The stock markets today ignored the further rise in inflation ...
- Local & international markets: What is going on? Michael Power ' Strategist, Investec Asset Management 4 Jul 2008 22:35 GMT
... GEOFF CANDY: What does that mean for South Africa, which is so reliant on resources, which ... Eastern beat - not in terms of stock markets, but in terms of growth, and we ...
- In defence of Mugabe 4 Jul 2008 20:56 GMT
... all the intense international media focus on Zimbabwe last week, once again we must ask: ... story of a country that was once Africa’s breadbasket and one of the most prosperous ... performance of the Zimbabwe Stock Exchange: “The stock market doubled to fresh records yesterday in the ...
- --> Homeland Energy Group Relocates London, UK Executive Offices 4 Jul 2008 17:57 GMT
... 3 Corner Nelson Mandela Avenue;Paul Sauer Witbank, South Africa PO Box 20586 Tel: 011 27 013 ... focused on energy exploration and development in Southern Africa. Homeland owns two producing operations - ...
- Homeland Energy Group Relocates London, UK Executive Offices 4 Jul 2008 17:55 GMT
... 3 Corner Nelson Mandela Avenue;Paul Sauer Witbank, South Africa PO Box 20586 Tel: 011 27 013 ... focused on energy exploration and development in Southern Africa. Homeland owns two producing operations - ...
- Ernst & Young 2007 a phenomenal year for mergers and acquisitions 4 Jul 2008 17:18 GMT
... was a "phenomenal" year for M&A in South Africa, with total deal values up by 81% ... was 14, compared to the average Johannesburg Stock Exchange p/e of 13. For a number of ...
- Remgro / Richemont considering options other than unbundling? 4 Jul 2008 17:18 GMT
... after Anglo American, at current levels. The stock market in general would most likely be delighted ... taxation agreement does exist between Luxembourg and South Africa, the option would be less attractive than ...
- --> Drill Program at Tanzanian Royalty's Kigosi Project Yields New Discovery With High Grade Gold Values 4 Jul 2008 16:30 GMT
... the current drilling companies operating in East Africa. This drilling will hopefully be achieved during ... submitted to ALS Chemix lab in Johannesburg, South Africa as an umpire check. This test is currently ... contact Investor Relations at 1-800-811-3855 The Toronto Stock Exchange and American Stock Exchange have not reviewed ...
- Drill Program at Tanzanian Royalty's Kigosi Project Yields New Discovery With High Grade Gold Values 4 Jul 2008 16:00 GMT
... the current drilling companies operating in East Africa. This drilling will hopefully be achieved during ... submitted to ALS Chemix lab in Johannesburg, South Africa as an umpire check. This test is currently ... contact Investor Relations at 1-800-811-3855 The Toronto Stock Exchange and American Stock Exchange have not reviewed ...
- Private equity in tizzy over Treasury investigation 4 Jul 2008 15:11 GMT
... Edcon which provides statement to the Irish Stock Exchange where its debt is registered following the ... the treasury on behalf of the South African Venture Capital Association (SAVCA). The vast majority ... the situation is not strictly comparable with South Africa. The British treasury specifically introduced a reduced ...
- Black people the property losers - again 4 Jul 2008 14:57 GMT
... story. At the upper echelons of corporate South Africa, where big money is made in commercial ... made in commercial real estate deals and stock market transactions, individuals who are reaping the benefits ...
- ZSE Shares Fall Against U.S. Dollar 4 Jul 2008 14:27 GMT
... economic conditions. The staggering performance of the Zimbabwe Stock Exchange-listed companies in United States dollar ... six months shedding close to US$6. The South Africa-based cement manufacturing company opened the year at ...
- Spurt of failed deals hit the markets 4 Jul 2008 11:32 GMT
... tighter credit and volatile markets The South African corporate finance market is currently reeling from ... blowouts is by no means confined to South Africa with transaction flow substantially down internationally after ... credit markets are faring better and the stock market is mostly holding up. The cancelled deals ...
- Mutual & Federal to cut 20% of staff 4 Jul 2008 10:00 GMT
... of repairing vehicles has risen as South Africans bought imported cars with more luxury features ... boosting spare parts prices. A drop in stock markets has also cut investments on policyholders' funds. ... been an increase, not only here in South Africa, but globally in claims." Mutual & Federal ...
- Vodafone acquires 70% stake in Ghana Telecom 4 Jul 2008 07:58 GMT
... 70 percent stake in Ghana Telecom, the African country's third largest mobile phone operator. The ... float Ghana Telecom shares on the Ghana Stock Exchange. Vodafone said mobile penetration was low at ... in other African countries, including Kenya, Tanzania, Mozambique and the Democratic Republic of Congo. Shares in ...
- Indian shares rise 1.5 pct, Reliance Ind leads 4 Jul 2008 06:55 GMT
... 3.3 percent to 402.50 rupees on expectation South Africa's MTN (MTNJ.J: ) may extend talks beyond ... 91 22 6636 9068; Reuters Messaging ASIA-PACIFIC STOCK MARKETS: Pan-Asia........[STXNEWS/AS] Japan.......[.T] S.Korea...[.KS] S.E. Asia.......[.SO] Hong Kong...[.HK] ...
- Stock Exchanges, investors support Africa's first IPO summit 4 Jul 2008 05:31 GMT
... Exchanges around the world would gather in South Africa to discuss issue relating to Initial Public Offering in ... and Mr António Joaquim Cruz Lima, President, Angolan Capital Markets Authority, amongst others. The Africa ...
- IPD index highlights full extent of global property slowdown 4 Jul 2008 04:31 GMT
... of the leading companies listed on the Stock Exchange – seen by some as the best ... to post a negative return. At 27.7%, South Africa provided the strongest return, while South Korea and ...
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