[ad_1] JOHANNESBURG, Nov 29 (Reuters) – South African commercial property group Vukile Property Fund (VKEJ.J) said on Wednesday its half-year distribution per share or funds from operations rose 5.2%. Its…
Tag: SAFR
ArcelorMittal South Africa shares tumble on plan to close long steel ops
[ad_1] Shares at lowest level since January 2021 Longs unit closure to impact 3,500 jobs Steelmaker blames S.Africa’s weak growth, infrastructure crisis Nov 28 (Reuters) – ArcelorMittal South Africa (ACLJ.J)…
South Africans seek out Black Friday essentials as crunch continues
[ad_1] [1/3]Black Friday signage is displayed at Game store in Johannesburg, South Africa, November 24, 2023. REUTERS/Sumaya Hisham Acquire Licensing Rights JOHANNESBURG, Nov 24 (Reuters) – Johannesburg’s Mall of Africa…
South African central bank opts for another ‘hawkish hold’
[ad_1] The logo of South Africa’s central reserve bank is seen during the delivery of a keynote address by South Africa’s central bank governor, Lesetja Kganyago, at the University of…
Power cuts hit South Africa’s Mr Price half-year profit
[ad_1] A shopper pushes a trolley outside a branch of South African clothing and homeware retailer Mr Price, at the Trade Route Mall, in Lenasia outside Johannesburg, South Africa, February…
South African rand slips after mixed economic data
[ad_1] South African Rand coins are seen in this illustration picture taken October 28, 2020. REUTERS/Mike Hutchings/Illustration Acquire Licensing Rights JOHANNESBURG, Nov 21 (Reuters) – South Africa’s rand slipped on…
South African petrochemical company Sasol names new CEO
[ad_1] JOHANNESBURG, Nov 17 (Reuters) – South African petrochemical company Sasol (SOLJ.J) on Friday said Simon Baloyi will take on the role of President and CEO from April 1, 2024.…
G20-led summit for Africa highlights renewed interest in fast-growing continent
[ad_1] Berlin summit to foster economic reforms, investment in Africa Major powers jostling for influence, opportunities on continent African leaders to meet Scholz, Macron BERLIN, Nov 18 (Reuters) – Leaders…
South African Reserve Bank to hold repo rate at 8.25% on Nov. 23
[ad_1] JOHANNESBURG, Nov 17 (Reuters) – The South African Reserve Bank (SARB) will keep its repo rate unchanged on Nov. 23 and wait until May 2024 before cutting it, a…
Vodacom profit hit by Ethiopia losses but Egypt lifts revenue
[ad_1] A shopper walks past a Vodacom shop in Johannesburg February 4, 2015. REUTERS/Siphiwe Sibeko/File Photo Acquire Licensing Rights Half year HEPS down 4.2% Ethiopia business to breakeven in 2026…