Faced with the biggest challenge of any post-apartheid South African leader, President Cyril Ramaphosa has also been given a rare opportunity to push through the painful reforms the economy needs.
Browsing: David Shapiro
After months of speculation and delays, South Africa named André de Ruyter as CEO of its debt-crippled state power utility, surprising investors with an unexpected choice and angering a key union.
Google has launched its free public Wi-Fi hotspot programme, known as Google Station, in South Africa, the US-headquartered Internet company said at an event in Johannesburg on Thursday.
MultiChoice Group made its market debut in Johannesburg on Wednesday morning as a JSE Top40 company with a market capitalisation of about R44-billion shortly after 9am.
Three of South Africa’s biggest banks are considering bidding to distribute government welfare payments to more than 17m people as a contract with a unit of Net1 UEPS Technologies comes to an end after years of legal battles. The existing contract
With SABMiller out of the JSE Top 40, Naspers now accounts for roughly a fifth of the index – a risk for anyone tethering their savings to the index. Naspers trades on a price-earnings multiple of about 100, which is perilously close to
The JSE has played down an error that incorrectly represented foreign sellers of equities as net buyers of R98,1bn of local stocks. The JSE said that instead of foreigners investing a net R98,1bn in
The Johannesburg Stock Exchange (JSE) was forced to “pause” market trading on Tuesday between 10.39am and roughly midday on account of problems with international links between it and its London-based trading engine. Similar problems affected the JSE on a number of occasions
The decision by Phuthuma Nhleko to step down as MTN CEO is “bad news” for the JSE-listed cellphone group, says…
The share price of JSE-listed cellphone group MTN has been knocked lower in recent weeks because of fears of a…