JOHANNESBURG, Sept 19 (Reuters) - South Africa's consumer inflation ticked up to 5.0 percent year-on-year in August, in line with market expectations, from 4.9 percent in July, Statistics South Africa said on Wednesday. On a month-on-month basis, inflation eased to 0.2 percent compared with 0.3 percent in July and against economists' expectations that it would remain … [Read more...] about South Africa’s August inflation quickens to 5 pct y/y
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S.Africa police tear gas mine protesters
JOHANNESBURG, Sept 19 (Reuters) - South African police fired tear gas on Wednesday at a crowd of protesters in a township near a mine owned by Anglo American Platinum near Rustenburg, the company said. "I can confirm that the SAPS (South African Police Service) used teargas to disperse an illegal gathering at Sondela informal settlement," spokeswoman Mpumi Sithole said in … [Read more...] about S.Africa police tear gas mine protesters
TEXT-Fitch: No rating impact on Pacific & Orient Insurance from Sanlam’s buy plan
(The following statement was released by the rating agency) Sept 19 - Fitch Ratings says there is no impact on Pacific Orient Insurance Co. Berhad's (POI) Insurer Financial Strength 'BBB' Rating (Stable) from Sanlam Limited's (Sanlam; 'AA-(zaf)'/Stable) proposed acquisition of a 49% stake in the Malaysian insurer. Pacific Orient Berhad (POB), POI's immediate … [Read more...] about TEXT-Fitch: No rating impact on Pacific & Orient Insurance from Sanlam’s buy plan
S.Africa to sell 2023, 2026 and 2048 bonds next week
JOHANNESBURG, Sept 19 (Reuters) - South Africa's Treasury will auction 2.1 billion rand ($256 million) in total of its 2023, 2026 and 2048 government bonds next Tuesday. Details of the invitation are on page ($1 = 8.1950 South African rand) (Reporting by Stella Mapenzauswa) © Thomson Reuters 2012 All rights reserved … [Read more...] about S.Africa to sell 2023, 2026 and 2048 bonds next week
EMERGING MARKETS-Stocks rise on Japan QE; mood cautious
LONDON, Sept 19 (Reuters) - Emerging shares rose 0.4 percent on Wednesday thanks to gains in Asia after Japan's aggressive easing of monetary policy but global growth uncertainty and the possibility of central bank action kept the mood on currency markets more subdued. Japan expanded its asset buying and loan programme by 10 trillion yen ($127 billion) to 80 trillion … [Read more...] about EMERGING MARKETS-Stocks rise on Japan QE; mood cautious