HARARE – The local bourse’s mainstream Industrial Index moved up by 14.01 points to close at 462.84 as giant insurer Old Mutual traded $1, 5660 solid at $11, 7231 and cement producer PPC gained $0, 3225 to close at $1, 9425.
By Steven Friedman — Something is surely wrong when many influential people endorse or reject a document none of them have read. The document is South Africa’s National Development Plan, which was adopted by Parliament five years ago and is the product of a National...
The rand was little changed on Monday morning and the trading pattern was unlikely to change drastically because of a partial public holiday in the US. The rand changed hands to the dollar at R13.75, after logging its fifth consecutive weekly loss to the greenback last week.
Qatar is considering raising at least $9 billion from international bond markets as the gas-rich nation boycotted by its neighbors seeks to replenish state coffers, people familiar with the matter said.