Brothers Dan and Mark Saltzman, sons of Dis-Chem founders Ivan and Lynette Saltzman, have recently inherited shares worth about R6.8 billion in the company. This development was made public through …
JOHANNESBURG STOCK EXCHANGE
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BusinessEconomyGOVERNMENTMarketsSouth Africa
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Foreign Investors Pull $3.7bn from South African Stocks Amid Policy Uncertainty and Weak Growth
Foreign investors have withdrawn a staggering $3.7 billion from South African equities since October 2024, marking the longest streak of outflows from the continent’s largest equity market in five years, …
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BusinessEconomyINVESTMENTPoliciesSouth AfricaTrade and Commerce
South African Business Confidence Improves Slightly in May Amid Strong Rand and Commodity Rally
Business confidence in South Africa picked up modestly in May, rebounding from a sharp decline in April, according to data released by the South African Chamber of Commerce and Industry …
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The South African rand strengthened against the U.S. dollar on Wednesday, as market uncertainty shook the greenback due to concerns about U.S. tariffs and the political situation in South Africa. …
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Arts & CultureBusinessEconomyFinance & ServicesGOVERNMENTPolitics
South African rand slides as budget vote puts coalition on shaky ground
The South African rand fell sharply on Wednesday following disagreements over the country’s budget vote, raising concerns about the strength of the coalition government. By 16:40 GMT, the rand was …
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AfricaAFRICA NEWSBusinessNewsSouth AfricaSouthern Africa
Johannesburg Stock Exchange Clearinghouse becomes independent
The Johannesburg Stock Exchange’s (JSE’s) clearinghouse, JSE Clear, has been granted a licence approved by the Financial Sector Conduct Authority (FSCA), in agreement with the Prudential Authority (PA) and the …