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South African arms company Denel winds up Aerostructures

11/10 South Africa's Denel is winding up its struggling Aerostructures aircraft parts business after receiving government approval, the state arms company said on Friday.. . .  Full story

South Africa's Eskom challenges latest power tariff decision in court

11/10 South Africa's struggling power utility Eskom said on Friday it was challenging in court the regulator's latest tariff decision, a move it said was necessary to avert financial disaster.. . .  Full story

South African rand stronger as dollar dips, stocks up

10/10 South Africa's rand firmed on Thursday, as the dollar retreated on global markets, with safe-haven demand for the U.S. currency waning as investors grew optimistic about a trade deal between the. . .  Full story

Hopes around U.S.-China trade talks bolster South African rand

11/10 South Africa's rand was firmer in early trade on Friday as hopes of progress in U.S.-China trade talks held down the dollar and boosted emerging market currencies.. . .  Full story

Indonesia plans tax overhaul to make tech firms pay VAT-finmin

04/09 Indonesia is preparing a bill that will make tech firms such as Alphabet Inc's Google and Amazon pay value added tax (VAT), Finance Minister Sri Mulyani Indrawati said.. . .  Full story

Metro to sell majority stake in Chinese business to Wumart

11/10 German wholesaler Metro has agreed to sell a majority stake in its Chinese operations to local retailer Wumart, continuing a drive to simplify its business and focus on its core customers in the hospitality industry.. . .  Full story

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S.Africa's debt-ridden Cell C worthless, biggest shareholders say

20/09 Payments company Net1 UEPS Technologies said on Thursday it had written down to zero the value of its stake in South Africa's third-largest mobile network, Cell C, alongside the carrier's largest. . .  Full story

S.African retailer Mr Price warns of possible loss

19/09 Mr Price Group Ltd faces a potential hit of up to 20 million rand ($1.37 million), the South African clothing retailer said on Thursday, following an internal investigation into allegations of non-compliance with its own. . .  Full story

South Africa's Tongaat mulls sale of assets, rights issue

07/10 South African sugar producer Tongaat Hulett said on Monday it is considering the possible sale of assets, a possible equity capital raise or a combination thereof in order to reduce the. . .  Full story

Italy out as World Cup games called off for first time due to typhoon

10/10 Rugby World Cup organisers were forced to call off matches for the first time in the tournament's 32-year history on Thursday - eliminating Italy as a result - saying the risk. . .  Full story

S.Africa's Woolworths buoyed by fashion turnaround, shares rise

27/09 South African retailer Woolworths Holdings Ltd reported a 2.1% drop in annual earnings on Thursday but cheered investors with a turnaround in its Fashion, Beauty and Home business that had weighed. . .  Full story

South Africa's Blue Label Telecoms under threat of listing suspension

01/10 South Africa's Blue Label Telecoms has failed to comply with Johannesburg Stock Exchange (JSE) requirements and is under threat of suspension and possible removal, the exchange said on Tuesday.. . .  Full story

Judgement deferred in contempt of court case between Old Mutual, fired CEO

23/09 A South African court on Monday deferred judgement in a contempt of court case between the country's No.2 insurer, Old Mutual and the CEO it sacked, Peter Moyo, with the judge. . .  Full story

Top 20 vehicles sold in U.S. through September

02/10 The following are the 20 top-selling vehicles in the United States, as reported by the automakers and ranked by total units. Top 20 selling vehicles in the United States through September:. . .  Full story

South Africa's rand, stocks fall as risk sentiment wanes

08/10 South Africa's rand and stocks weakened on Tuesday as concerns over the upcoming U.S.-China trade talks and escalating tensions between London and Brussels sparked a flight to safety, denting appetite for. . .  Full story

S.Africa's Grand Parade posts FY profit on Dunkin' closure

20/09 Grand Parade Investments (GPI) on Friday posted a full-year profit as closure of its loss-making Dunkin' Donuts unit lifted the South African investment company's earnings.. . .  Full story

Rwanda launches first 'Made in Africa' smartphones

08/10 Rwanda's Mara Group launched two smartphones on Monday, describing them as the first "Made in Africa" models and giving a boost to the country's ambitions to become a regional technology hub.. . .  Full story

South African union files case against Samancor Chrome over alleged fraud

02/10 South Africa's Association of Mineworkers and Construction Union (AMCU) said it had filed a court case on Wednesday against manganese and chrome producer Samancor Chrome relating to alleged fraud.. . .  Full story

South Africa's Capitec profit jumps 20%, meets expectations

26/09 South African lender Capitec Bank on Thursday reported profit for the first half of the year grew 20%, in line with expectations, thanks to strong customer growth and a smaller impairment. . .  Full story

Brexit deal hysteria sparks dramatic gains for UK stocks

11/10 London-listed companies with exposure to the domestic economy soared on Friday for their best day in nearly a decade as hopes that Britain can seal a Brexit deal triggered explosive gains and a major. . .  Full story

South Africa's Mr Price suspends two senior managers

12/09 South African clothing retailer Mr Price Group Ltd said on Thursday two members of the senior management had been suspended as a precaution following allegations of non-compliance with the firm's code of conduct.. . .  Full story

South African arms company Denel winds up Aerostructures

11/10 South Africa's Denel is winding up its struggling Aerostructures aircraft parts business after receiving government approval, the state arms company said on Friday.. . .  Full story

Trump considers delisting Chinese firms from U.S. markets -sources

28/09 President Donald Trump's administration is considering delisting Chinese companies from U.S. stock exchanges, three sources briefed on the matter said on Friday, in what would be a radical escalation of U.S.-China trade tensions.. . .  Full story

South Africa debt-to-GDP could reach 95% by 2024, IIF says

03/10 South Africa's public debt could rise as high as 95% of gross domestic product by 2024 if the government doesn't restructure the state-run utility Eskom and implement a workable growth plan, the Institute of International. . .  Full story

Lucara finds blue diamond in Botswana mine

26/09 Canadian miner Lucara Diamond Corp said on Thursday it recovered a 9.74 carat blue gem diamond from its Karowe mine in Botswana, the latest in a series of high-value finds.. . .  Full story

South African cement group PPC's CFO Ramano to step down

10/10 South African cement company PPC Ltd said on Thursday Chief Financial Officer Tryphosa Ramano, who was also an executive director, is to step down on Oct. 31.. . .  Full story

South Africa's deputy mines minister dies in car accident

14/09 South Africa's Deputy Minister of Mineral Resources and Energy Bavelile Hlongwa has died in a car accident, President Cyril Ramaphosa said on Saturday.. . .  Full story

Canadian miner Banro declares force majeure on some Congo operations

27/09 Canadian gold miner Banro Corporation declared force majeure on several of its operations in Democratic Republic of Congo earlier this month, its chief executive said in a letter addressed to Congolese. . .  Full story

South Africa's September business confidence recovers from 34-year low - SACCI

09/10 South African business confidence improved in September, recovering from a 34-year low in the previous month as exports and vehicle sales increased while economic activity picked-up, a survey showed on Wednesday.. . .  Full story

Why the UK's Brexit proposal falls short for the EU

03/10 Britain's latest proposal for an agreement on the terms of its divorce from the European Union has been widely rebuffed in Brussels because it does not meet the objectives of the so-called Irish border. . .  Full story

Britain's James Dyson scraps electric car project

10/10 James Dyson, the inventor of the bagless vacuum cleaner, has cancelled his ambitious plan to build an electric car because the project was not commercially viable.. . .  Full story