Walt Disney Co’s (DIS.N) shares jumped, to put it among the biggest boosts to the S&P 500 and Dow. The stock notched its biggest daily percentage gain since March 24 as revenue declines for Disney parks and media networks were not as bad as feared.
Moody’s will cut South Africa’s sovereign credit rating later on Friday as a recession deepened by the impact of coronavirus frustrates economic reform efforts aimed at reducing government debt, a Reuters poll of economists found.
MTN Nigeria announced plans to float its stock in Lagos on Thursday in a deal valued at $6 billion.
If you invested in Apple 10 years ago, that decision would have paid off.
U.S.-China trade talks are not really about trade — "it's about a new world order," Investec's Hendrik du Toit said.
As we are still at the early days of the New Year, many are reviewing their portfolios and investments towards becoming wealthier. After a tough 2018 in stock markets this year seems to be more promising with some Asset Managers saying three shares are worth buying in 2019. Dr Adrian Saville, Chief Executive, Cannon Asset Managers joins CNBC Africa to unpack those buying opportunities.
JOHANNESBURG (Reuters) - South Africa's rand steadied early on Monday after selling in the previous session as rising interest rates in the United States weakened demand for emerging market currencies. At 0637 GMT,...
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