Finance News

BER Report Reveals South Africa’s Economic Growth Stagnation

BER Report Reveals South Africa’s Economic Growth Stagnation

Economic Decline Over Three Decades: The article highlights the Bureau for Economic Research's (BER) assessment of South Africa's economic performance…

2024-04-26

Rand Faces Potential Depreciation to R21.40 Against Dollar

Investec's Warning: Investec, a leading financial institution, issues a cautionary forecast regarding the South African rand's potential depreciation against the…

2024-04-26

South African Salary Hikes Expected to Beat Inflation in 2024

Salary Growth Outpaces Inflation: In 2024, South African workers can expect an average salary increase of 6.9%, outstripping the projected…

2024-04-26

Reinet Investments S.C.A. Reports Strong NAV Growth for Reinet Fund S.C.A., F.I.S. as of March 31, 2024

Reinet Fund S.C.A., F.I.S., reported a notable increase in NAV to €36.11 per share as of March 31, 2024. Reinet…

2024-04-26

Sibanye-Stillwater Shines in Financial Performance and Prepares for Virtual AGM

Sibanye-Stillwater's financial performance showcases robust figures in revenue, profit, and asset management for 2023. The upcoming virtual AGM emphasizes the…

2024-04-26

Anglo American Platinum Rejects BHP Acquisition Bid

Anglo American Platinum rejects BHP's acquisition proposal, citing strategic and financial considerations. Shareholders and industry analysts monitor market response and…

2024-04-26

MC Mining Limited’s Leadership Transition and Financial Revitalization Spark Industry Attention

MC Mining Limited, previously Coal of Africa Limited, underwent a leadership change with Mr. Nhlanhla Nene's resignation as Chairman. Challenges…

2024-04-26

Capitec Bank Holdings Share Trust Acquires R47.8 Million Worth of Shares

Capitec Bank Holdings Share Trust purchased 22,000 ordinary shares on 24 April 2024, totaling R47,837,800.00. The transaction aligns with the…

2024-04-26

PSG Financial Services Directors Opt for Net-Cash Settlements in Share Options Exercises, Emphasizing Long-Term Incentives

PSG Financial Services' directors exercised share options, opting for net-cash settlements instead of receiving shares directly. The net-cash settlement approach…

2024-04-26

Clicks Group Delivers Robust Financial Performance in Challenging Market Conditions, Forecasts Growth Ahead

Clicks Group's interim results demonstrate strong financial growth and resilience in a challenging market environment. Key highlights include increased turnover,…

2024-04-25