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PIC seeks to boost sluggish growth, lift returns
The Public Investment Corporation (PIC) planned to improve returns by investing to reinvigorate the flagging economy, chief investment officer Dan Matjila said on Wednesday.
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SA appoints arrangers of sizeable debut sukuk sale
The government had appointed BNP Paribas, KFH Investment and Standard Bank to arrange a debut sukuk sale of at least $500 million (R5.3 billion), the National Treasury said yesterday.
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Upmarket resilence buoys Woolies
Despite a slowdown in the economy, consumers in the higher end of the market have shown a resilience that helped Woolworths post a strong revenue increase for the 52 weeks to June 29.
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MMI Holdings: Diluted earnings to rise by 20% to 30%
MMI Holdings expected diluted earnings a share and diluted headline earnings a share for the year to June to be between 20 percent and 30 percent higher than in the comparative period last year, while diluted core headline earnings were expected to be up by between 10 percent and 15 percent, the listed insurance-based financial services group said yesterday.
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Proteas to bat first
Zimbabwe won the toss and elected to bowl in a triangular series match against South Africa at Harare Sports Club.
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IRB supports gay World Cup
The seventh version of the gay World Cup got underway with the International Rugby Board endorsing the tournament.
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Di Maria won’t transform United
Louis van Gaal admits not even his record-breaking swoop for Angel Di Maria will be enough to revive Manchester United immediately.
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McIlroy can’t wait for Ryder Cup
World number one Rory McIlroy has doused any fears of burnout ahead of the Ryder Cup, declaring to European captain Paul McGinley “put me in every Gleneagles match”.
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Canada gives Russians a geography lesson
Twitter exploded in a war of words - and maps - after Canada’s tongue-in-cheek travel tips for Russian soldiers.
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Ferguson police accused of brutality
A lawsuit filed this week alleges that Ferguson police used excessive force while trying to quell protests over Michael Brown’s death.
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Westbury accused to apply for bail
The man who allegedly fatally shot three-year-old Luke Tibbetts was expected to make a formal bail application.
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12 held in Tembisa protest
Twelve people have been arrested for public violence in Sophiatown informal settlement in Tembisa, Ekurhuleni metro police said.
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