CAPE TOWN – Good morning. This is all the latest business news that you need to know today.
1. Foreign direct investment in SA at decade low
The surge in investment in Morocco’s budding automotive sector has seen the country close in on South Africa as the biggest recipient of foreign direct investment (FDI) on the continent.
2. Mining stocks party on global uncertainty
Mining stocks closed yesterday's trading session deep in the black, taking advantage of the weak rand battered by Brexit uncertainty and the continuing strain in relations between the US and China.
3. Choppies boardroom row over Zim shareholding
Regional retailer Choppies is battling to contain uncertainty stemming from a boardroom fall-out over its shareholding in its Zimbabwean unit, with the Botswana retail chain refuting local majority shareholding in the company.
4. #BlackFriday: These were the top 8 items bought from TFG
The Foschini group (TGF) said in a statement that Woven ribbed towels, coffee machines and Kaizer Chiefs football jerseys were hot ticket online items for the Black Friday.
5. Here's a look at the 2019 trends for tech
The global key trends for 2018 brought about some significant changes in innovation and technology.
6. WATCH: Rand weakens to a one-month low
The rand weakened to a one-month low during yesterday’s European trading session amid a deterioration in risk sentiment according to NKC Research.
7. Egypt's annual urban consumer price inflation falls to 15.7%
Egypt’s annual urban consumer price inflation dipped to 15.7 percent in November from 17.7 percent in October, the official statistics agency CAPMAS said on Monday, exceeding analysts’ expectations.