Noncore asset chop? – Financial Mail

BHP Billiton’s aluminium and manganese operations in SA are likely to be next on the block as the group’s new CEO streamlines the portfolio. view article

Jordaan's exit seen as well managed – Business Report

Analysts dismissed speculation yesterday that FNB chief executive Michael Jordaan’s departure from the bank he has led for 10 years had anything to do with the controversial advertising campaign flighted earlier this year, pointing out that his contribution to the group had been far too substantial to warrant him being put under any pressure. view […]

Unsecured share selloff – Citizen

The dramatic selloff of African Bank shares yesterday suggests that skittish investors panicked at the company’s warning that earnings for the six months to March could decline by as much as 28%. view article

PMI up but manufacturing still under pressure – Citizen

South Africa’s seasonally adjusted Purchasing Managers’ Index edged back into expansion territory at 50.5 in April although the manufacturing sector is still struggling, a survey showed yesterday. view article

Pressure on all sides – Financial Mail

A handful of stout-hearted mining executives bought their companies’ shares when last week’s gold rout knocked gold and platinum share prices down to bargain levels. view article

Some sanity at last on the rand – Business Day Investors Monthly

After their incessant bleating about how all they need to be world-class competitors is a slightly weaker rand, manufacturers are at last facing reality. Releasing its latest purchasing managers’ index (PMI), Kagiso Asset Management head of research Abdul Davids said the sustained weakness of the rand in February put significant upward pressure on predominantly dollar-based […]

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