2 826 stories from 13 South African publishers, refreshed through the day. Every story is the publisher’s own — read it on their site, talk about it here.
Indonesia’s stock market is no longer worthy of “emerging market” status, MSCI said on Friday, laying out a plan to remove it from a suite of indexes tracked by funds, a shock move that sparked the steepest one-day drop in Jakarta shares since 1998.
The AfCRA has potential to support the development of domestic capital markets, where limited information and weak market coverage can increase borrowing costs and constrain investor participation. But the establishment of a new ratings agency is unlikely, by itself, to reduce sovereign borrowing…
Tencent is set to raise $5.7 billion (R94 billion) from the sale of bonds in yuan and dollars to support its growing investments in artificial intelligence.
Equites, the JSE’s only focused logistics property group, plans to accelerate its SA investment after largely exiting the constrained UK market, as demand for local space grows from fast-moving consumer goods groups and retailers including Shein.
A market selloff is forcing companies driving the global AI boom to delay fundraising plans or pay more for capital as investors demand proof they can absorb rising interest rates and computing-power costs.
Bank of America missed third-quarter profit estimates on Wednesday due to weakness in its capital markets business and disclosed a $1.2 billion charge tied to a regulatory penalty over failures to detect potential money-laundering activity.
Botswana got selected as the host venue for the southern African portion of the initial public offering of the continent’s largest oil refinery, giving the relatively small market a key role in the region’s biggest listing to date.
The US president can still move energy markets with his words, but that power has weakened as geopolitical conflicts have grown more complex. Reuters columnist Ron Bousso says energy investors, traders and producers need trust in Washington’s willingness and ability to find a durable solution.
The National Consumer Commission has announced more than 50 vehicle recalls so far this year. The names that don’t feature in those recall notices are the Chinese brands rapidly capturing the SA market. Why? Wendy Knowler investigated – and the answer was not reassuring.
If you want to create an account to block direct marketing calls, you will need to give your ID number to the National Consumer Commission. It believes this is an important verification mechanism, but that remains a live question.