Business News 27.3.2018 07:16 am

Sovereign credit ratings: Where to now?

Ratings agencies and markets are reacting favourably to a more economically stable South Africa.

It was difficult, on a tide of positive sentiment (“Ramaphoria”), not to anticipate – or at least hope for – a credit ratings upgrade, in view of Ramaphosa’s presidency and Gigaba’s budget.

Sovereign credit ratings: Where to now?
Sovereign credit ratings: Where to now?

Sovereign credit ratings: Where to now?

Ratings agencies and markets are reacting favourably to a more economically stable South Africa.

Bank accounts may be linked to mobile numbers
Business News

Bank accounts may be linked to mobile numbers

SA monitoring new payment systems implemented in Australia and Europe.
Randgold reports R7m loss due to ongoing litigation
Business News

Randgold reports R7m loss due to ongoing litigation

Randgold said that during the 2017 financial year, it received liquidation dividends from the insolvent deceased estate of Brett Kebble of R1.1m.
Capitec due to announce bancassurance JV with Sanlam
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Capitec due to announce bancassurance JV with Sanlam

Sanlam confirms joint venture; Capitec expected to announce details alongside financial results.
Cosatu’s failure to govern
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Cosatu’s failure to govern

How will Sdumo Dlamini spin himself out of this one?
Gordhan and Nene’s problem children
Business News

Gordhan and Nene’s problem children

Turning around SOEs is a mammoth task.
Steinhoff’s proposed extra payments to directors are obscene
Business News

Steinhoff’s proposed extra payments to directors are obscene

Most troubling is the €200 000 it wants to pay the chair of the audit committee.
American investors urged to do business with SA
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American investors urged to do business with SA

This comes after the U.S. MiDA delegation met with South African asset managers, financial institutions, and African pension fund representatives.
The huge task of ‘recapturing the state’
Business News

The huge task of ‘recapturing the state’

It’s about much more than rooting out corruption.
Naspers says intends to sell up to 190 million Tencent shares
Business News

Naspers says intends to sell up to 190 million Tencent shares

According to Naspers, the funds will be used to reinforce Naspers’ balance sheet.
SA smartphone unit sales up 21 percent in 2017
Business News

SA smartphone unit sales up 21 percent in 2017

Sales of basic mobile phones dropped 11 percent as users migrated to smartphones, albeit entry-level ones from second-tier brands.
Ten steps to being a happier landlord
Business News

Ten steps to being a happier landlord

Being a landlord can be tougher than most realise.
SA electricity advisory accuses utility Eskom of trying to pass costs from corruption to consumers
Business News

SA electricity advisory accuses utility Eskom of trying to pass costs from corruption to consumers

Nersa last December granted Eskom a 5.2 percent tariff increase for 2018-19, effective from April 1, 2018, against the 19.9 percent Eskom had applied for.
Edgars stutters, as turnaround remains elusive
Business News

Edgars stutters, as turnaround remains elusive

Credit sales slump at year-end as group tightens lending criteria….
Rolling heads at Sars may prevent further downgrades
Business News

Rolling heads at Sars may prevent further downgrades

Clear and decisive leadership is what ratings agencies are looking for.
MTN giveth – and taketh away – with new data bundles
Business News

MTN giveth – and taketh away – with new data bundles

New prepaid pricing clearly designed to drive more usage (and spend).
Dr Jabu Mabuza: SA now has a good story to tell
Business News

Dr Jabu Mabuza: SA now has a good story to tell

A report back from team SA’s meeting with rating agencies and investors in the UK and US.
Ramaphosa lifts businesses spirits, says Koseff
Business News

Ramaphosa lifts businesses spirits, says Koseff

Government must now create a business-friendly environment to boost growth.
When will value outperform again?
Business News

When will value outperform again?

It’s been a lean decade for the style.
Government should be investing in ten-man bands
Business News

Government should be investing in ten-man bands

Bigger businesses have overcome a number of challenges and a better chance of survival.
Capitec increases lead among SA banks in customer satisfaction survey
Business News

Capitec increases lead among SA banks in customer satisfaction survey

FNB and newly included African Bank ranked above the industry average at 81.0, followed by Nedbank at 76.3 points.
PIC says it will work with VBS curator
Business News

PIC says it will work with VBS curator

The Public Investment Corporation (PIC) on Monday said it would work closely with the curator of VBS Mutual Bank (VBS) to help bring the bank out of crisis.

 

 

 

 

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