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South Africa's Edcon appoints new CEO

South Africa's retailer Edcon has named Bernard Brookes as its new CEO.

Pan-African banking group Ecobank H1 pretax profit up

Ecobank posted a 47.4 percent jump in half year pretax profit to 61.41 billion naira ($309 million) versus the same period a year ago.

South Africa's rand weakens against the dollar

South Africa's rand weakened against the dollar on Thursday ahead of U.S. GDP data.
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