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Rand stretches its recovery

REUTERSPicture: Siphiwe Sibeko Johannesburg – South Africa’s rand extended its recovery early on Wednesday along with fellow emerging markets after Chinese authorities...

Coal row: Eskom takes hard line

BLOOMBERGPicture: Dean Hutton Johannesburg – South Africa’s Eskom said on Wednesday it wants compensation from Glencore’s mining subsidiary Optimum if it is...

GDP figures raise risk of recession

REUTERSInvestors look at stock information on an electronic board at a brokerage house in Hangzhou, Zhejiang province. While China stocks slumped yesterday,...

Shares and oil extend gains

FREE IMAGESFile picture: Willie Cloete. London – Shares, oil and core bond yields extended gains in midsession European trade on Tuesday as...

Job pact to be inked

HARMONYHarmony Gold’s Kusasalethu mine. Johannesburg – South Africa’s mining industry, unions and the minerals department will sign a declaration next Monday outlining...

BHP Billiton earnings plunge

REUTERSFile photo: Reuters Johannesburg – BHP Billiton, the world’s largest diversified miner, announced on Tuesday that attributable profit for the year to...

SA’s economic woes worsen

INDEPENDENT MEDIA Johannesburg – South Africa’s economy contracted in the second quarter, worsening the outlook for a nation grappling with a plunging...

Did you hear the markets crash?

.Picture: Renjith Krishnan London – Crash. Bang. Wallop. The crash? That was the Dow Jones Industrial Average, which opened the week 1,000...

SA’s economy contracts

REUTERSPicture: Siphiwe Sibeko Pretoria – South Africa’s economy contracted by 1.3 percent in the second quarter of 2015 after rising by 1.3...