South African stocks edge higher, PMI data remains in expansion territory – London Business News | Londonlovesbusiness.com

[ad_1] The South African inventory market edged barely larger on Wednesday following the discharge of a buying managers’ index (PMI) survey that remained within the enlargement territory, though it was barely under its earlier studying. The index confirmed a modest enchancment in working situations for August as price pressures eased....

South African equities retreat – London Business News | Londonlovesbusiness.com

[ad_1] South African equities slid because the JSE All Share Index dropped under the 98,000-point threshold, weighed down by broad-based weak point throughout the market. 15 of the 20 sectors have been in destructive territory, with digital know-how, shopper durables and industrial companies among the many worst performers. Solely a...

South African market indecision prevails – London Business News | Londonlovesbusiness.com

[ad_1] South African equities opened on a subdued footing Thursday, with the JSE FTSE All Share Index hovering close to the 100,000 stage however missing clear course. Whereas the benchmark stays inside attain of current highs, market breadth was slim, with 12 out of 20 sectors registering losses. Digital expertise...

Pepkor To Buy Four Brands Giving It Access To 462 African Stores

[ad_1] Pepkor Holdings Ltd. will purchase clothes and homeware manufacturers Legit, Swagga, Fashion and Boardmans from Retailability Proprietary Ltd., giving Africa’s largest attire retailer entry to 462 extra shops throughout the south of the continent.The proprietor of chains together with Pep, Ackermans and Refinery didn’t disclose the precise quantity of...

Putin moves military assets out of Syria to a rag tag African country – London Business News | Londonlovesbusiness.com

[ad_1] Vladimir Putin is transferring navy belongings out of Syria following the autumn of the Syrian dictator Bashir al-Assad. Russian navy gear shall be moved utilizing two giant touchdown ships and dry cargo vessels to Libya, North Africa. the Important Intelligence Company of the Ministry of Protection of Ukraine has...