CAPE TOWN – Good morning. This is all the latest business news that you need to know today.
Shares in NEPI Rockcastle slumped by 14.07 percent on the JSE yesterday to close at R9914, dragging down the share prices of most other companies in the listed property sector, after the release of a damning report by Viceroy Research, which was behind exposing the Steinhoff debacle.
Consumer morale plummeted to the lowest levels in one year with harsh economic developments putting pressure on spending.
A brand-new Isuzu truck service and parts centre recently opened its doors in Durban South.
Gold Fields on Wednesday sweetened the retrenchment packages of 1 500 employees in a last-ditch attempt to end the three-week strike by the National Union of Mineworkers (NUM) at its troubled South Deep mine in Carletonville.
LG has created the G Series smartphones that are not only at the cutting edge of technological advancement, but that can also stand the test of time.
On Wednesday night, outgoing chairman Dr Iqbal Survé launched a book which delves into the work of the Brics Business Council since its formation in 2013.
The rand traded on the back foot during yesterday’s European trading session but stabilised in late trade according to NKC Research.
BUSINESS REPORT ONLINE