Most say Finance Minister's new growth plan could help to pull the country?s struggling economy from stagnation.
The National Treasury has issued the first real indication of its plans to unbundle Eskom.
Listing will reduce the group?s index weighting on the JSE and create a new platform to attract broader demand
StatsSA said that its data showed retail purchases lifted 2. 4?percent year-on-year in June, following a 2. 3?percent rise the previous month.
The Chinese industrial output reached its weakest level in 17 years while the US Treasury bond yield curve inverted for the first time in 12 years.
Absa CIB agriculture head says lender wanted to grow its footprint in both its domestic market and the rest of the continent due to strong demand.
Liberty Two Degrees said yesterday that it was in a drive to reduce its exposure to Edcon.
Sector shows a strong rebound in April, pushing output to a three-year high and calming fears of a possible recession in the second quarter.
Regaining leadership in the retail and business banking space in SA is a group priority
Banking stocks also tumbled, wiping billions of rand in value as StatsSA said its data showed that the economy shrank 3. 2% quarter on quarter.
Portfolio manager at PPS Investments Luigi Marinus said although inflation remained contained a rate cut was unlikely.
A further $1?billion (R14. 4bn) will be needed for the completion of its ambitious Lake Charles Chemicals Project.
A spectacular comeback that is set to shake the low-cost airline industry
* R1. 7bn placed to fund renewable energy projects * Issuance three times oversubscribed by R3. 8bn
South African households suffered the biggest financial losses last year, with nearly half-a-trillion rand lost in net worth.
The World Bank warned that low business confidence that is partly driven by the slow pace of structural reforms would hold up investment growth in SA.
The Competition Commission this month said it intended to release its provisional report into its inquiry into data prices by the end of this month.
The unfolding horror at Eskom demands that the power utility must at some point face its Brexit moment.
SA's fourth quarter formal business turnover brings total spending to R2. 57?trillion
However, it warned that Eskom would remain the main source of contingent liability risk for the fiscus.
The PMI fell to 45?points last month from 46. 2?points in February, the reading pointed to the third consecutive contraction in manufacturing activity.
The all-share index closed the trading session up 1. 15?percent at 57?109. 64, with the banking sector doing the heavy lifting.
Sars said its preliminary revenue forecast showed that it managed to collect R1. 287?trillion against the revised target of R1. 302trln in February.
The race for lending to small and medium-sized enterprises (SMEs) heated up yesterday as the country?s first fully digital bank, TymeBank, went live.
Discovery yesterday posted a 16?percent fall in its interim profit on the outlay in new business initiatives, particularly its banking offering.