Daily Archives: July 3, 2013
What’s behind the Telkom rally? And Moody’s outlook on Abil now negative.
How compelling is the offer? Why the market failed to get excited.
Used car inflation at six-year low.
After talks to mediate wage negotiations stalled.
Wants set of pre-conditions met before signing agreement.
Global equity markets slide on signs of slowing growth in China as deepening turmoil in Portugal puts pressure on euro, threatens to reignite eurozone crisis
Labour problems in mining industry as well as political interference has investors selling South African gold stocks in favour of Australian counterparts
Volatile markets reflects investors’ uncertainty, hampering fixed investment as corporate decision makers defer commitments, reducing growth and job creation
Gold rises more than 1% as dollar and equity markets remain under pressure after mixed US data, while investors look for further clues over stimulus tapering
Data from the American Petroleum Institute showed a 9.4-million barrel decline while Egypt’s President Mohamed Mursi rejected an army ultimatum to step down
Old Mutual has announced that it is set to buy a controlling stake in the country’s second largest deposit taking micro-finance (DTM), Faulu Kenya.
Dangote Cement Plc. has assured that it would continue to stabilise the price of cement without compromising on quality to create value for stakeholders in the building industry, especially block moulders.
Aggreko, the world leader in the provision of temporary power and temperature control services, has announced the expansion of its power project in Ivory Coast with the addition of 100 MW of generating capacity that brings the total combined output from the project to 200 MW. The extension of the power plant was officially inaugurated by the Prime Minister of Ivory Coast, His Excellency, Daniel Kablan Duncan, during a ceremony held on the 1st of July at the project site in the capital Abidjan.