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Mugabe's woes wipe out $5bn from Zimbabwe's skewed stocks

35 minutes ago

Investors have dumped Zimbabwean stocks every day since the military seized power on optimism that 93-year-old President Robert Mugabe will be forced to step down.

International Markets

Asian markets rally after Wall St lead

Nov 21 2017 09:08

Tokyo's Nikkei has led a rally across Asian markets, boosted by a weaker yen while traders took heart from a healthy run on Wall Street.

International Markets

US stocks begin holiday-shortened week on positive note

Nov 21 2017 08:59

Wall Street stocks have finished higher in a positive start to the holiday-shortened Thanksgiving week, historically a strong period for US equities.


JSE up as Naspers touches R4 000 a share

Nov 20 2017 18:38

The JSE opened the week firmer on Monday, lifted mostly by index heavyweight Naspers and rand hedge stocks.


Naspers surge lifts JSE to new record high

Nov 20 2017 13:09

The JSE has been back at record levels, with its record-breaking run again almost entirely due to Naspers powering ahead on the back of a similar surge in the Tencent share price.


Rand braces for punch as SA downgrade no longer 'if' but 'when'

Nov 20 2017 11:42

A local currency downgrade on Friday would push the dollar/rand exchange rate up by between 30c and 50c in a rapid spike, according to a currency economist.


Euro sinks in Asia as Germany is gripped by uncertainty

Nov 20 2017 09:41

The euro has faced fresh pressure in Asian trade after German Chancellor Angela Merkel failed to form a government at the weekend.

International Markets

Asian markets kick week off with losses as euro sinks

Nov 20 2017 07:20

Asian markets have turned lower as the correction that has hit global equities moved into another week, while the euro faced fresh pressure after German Chancellor failed to form a government at the weekend.


Oil holds gain above $56 after surge on Saudi cut extension plea

Nov 20 2017 09:22

Oil has held gains above $56 a barrel after surging the most in almost two weeks as Saudi Arabia’s energy minister said Opec should announce an extension to supply cuts when it meets at the end of the month.

International Markets

Hong Kong stocks end morning with losses

Nov 20 2017 09:13

Hong Kong shares have finished the morning session in negative territory following three days of gains, as traders tracked a sell-off on Wall Street last week.

International Markets

European and US stocks slide

Nov 19 2017 10:12

Wall Street stocks joined European equity markets in retreating, along with the dollar, as Washington braced for a bruising political battle in the US Senate over tax cuts.

International Markets

US stocks retreat as tax debate enters 'hard part'

Nov 19 2017 10:15

Wall Street stocks pulled back amid skepticism over the prospects for a US tax cut, as Apple dipped after delaying the release of its anticipated HomePod speaker programme.


Alternative-exchange listings are booming

Nov 19 2017 06:07

The three alternative stock exchanges could see their total listings double from the current 10 to almost 20 by the close of 2018.

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We're talking about: MINI BUDGET

Finance Minister Malusi Gigaba has laid bare South Africa's economic woes. Visit our Mini Budget Special for all the action.