South Africa Antitrust Probe Into Rand-Fixing Collapses, BD Says

[ad_1] South Africa’s Competition Appeal Court dismissed the cases against most of the 28 banks accused of colluding to fix the rand in the New York foreign exchange market almost…

South Africa Business Mood Slips as Car Dealer Sentiment Sours

[ad_1] South African business sentiment unexpectedly fell in the fourth quarter as subdued demand sent new-vehicle dealers’ confidence to the lowest level since the coronavirus pandemic. A quarterly business confidence…

Economists See South Africa Averting Second-Quarter Contraction

[ad_1] South Africa’s economy probably avoided a contraction in the second quarter, despite record power cuts, logistical constraints and sagging consumer confidence. In the view of analysts polled by Bloomberg…

South African Business Confidence Edges Up After GDP Surprise

[ad_1] South African business sentiment recovered in the third quarter from an almost three-year low, though power outages, high interest rates and outbreaks of social unrest continue to weigh on…

African Bank Plans Pre-IPO for Shareholders, Eyes 2025 Listing

[ad_1] African Bank Holdings Ltd., the lender rescued by the South African government almost a decade ago, plans a pre-sale by March as it gears up for a full initial…