Showing posts with label 2016 at 11:07PM. Show all posts
Showing posts with label 2016 at 11:07PM. Show all posts

Saturday, 1 October 2016

Chinese factory activity expands in September

A pick-up in domestic and export orders contributed to the slight increase in PMI, but manufacturers continued to shed jobs


Lewis to appeal consumer tribunal’s ruling on credit probe

The furniture retailer, facing a possible investigation of every credit agreement it has entered since 2007, is lodging an appeal in the High Court in Pretoria


Congos central bank more than triples its benchmark interest rate

The bank has moved to contain inflation that is expected to quadruple this year, and also plans to intervene in the foreign exchange market

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Rands sharp about-turn continues taking it back through R14/$

Risk aversion arising from concern about Deutsche Bank is partly responsible, while local trade data will be closely watched later in the day

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Coal of Africas cash balance at $19.5m

Company has generated no revenue this financial year as all its operations are on care and maintenance, auditors express doubt that it can continue as a going concern

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SAA needs a cash injection the airlines directors say

State guarantees mean it can continue as a going concern for another year but its balance sheet still needs to be strengthened

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Eurozone inflation at almost two-year high

Small increase in consumer prices in the 19-country currency bloc offer hope that European Central Bank’s disputed stimulus programme may be delivering


Poll on returning to class a victory for Wits vice-chancellor Adam Habib

An overwhelming majority of students voting by SMS support the resumption of academic activities if campuses can be secured


Trade balance swings into deficit as imports rise and exports fall

Exports of precious metals and stones plunged another 30%, after a 22% fall before, and vehicle and transport exports dropped