IOL pic aug4 rand vs dollar

Rand vulnerable despite recovery

South Africa’s rand recovers some lost ground against the dollar in early trade on Tuesday.

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IOL pic aug4 Japan Toyota badge on car

Toyota’s cost cuts pay off

The Japanese vehicle maker credits a weak yen and cost cuts for a jump in net profit for the three months to June.

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IOL pic aug4 branch of nedbank

Nedbank lifts profit

South Africa’s fourth-largest bank says the growth in fee income helped to offset muted growth in lending.

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