S&P Global has raised South Africa’s foreign-currency long-term sovereign rating citing stronger growth prospects and an improving fiscal outlook.
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The rand and South African shares and bonds extended their rally on Thursday as investors cheered signs of fiscal discipline.
Cell C is heading to the public market with a proposed JSE listing that pegs the offer price between R29.50 and R35.50/share.
The Competition Commission has alleged that the JSE’s conduct has hampered the ability of rival exchange A2X to compete.
The world should watch out bubbles in financial markets, the head of the World Economic Forum has warned.
LLH Capital targets high-growth, founder-led businesses with a focus on financial services and telecommunications.
JSE-listed technology group Altron has lifted its interim dividend by 20% even as it warns of a “tough trading environment” in IT services.
Optasia will list on the JSE at a valuation of R23.5-billion following the closing of its bookbuilding exercise.
Datatec has more than doubled its interim dividend after reporting a 110% year-on-year jump in headline earnings per share.
OpenAI is laying the groundwork for an initial public offering that could value the company at up to $1-trillion.