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South African Stocks Climb to 2018 High With Index Above 60,000 Dec 17 2020, 3:34 PM December 17 2020, 1:35 PM December 17 2020, 3:34 PM (Bloomberg) -- (Bloomberg) -- South Africa’s main equities index rallied beyond the 60,000 points level for the first time since August 2018, benefiting from positive sentiment toward riskier assets as investors mulled speculation Washington lawmakers are edging closer to a U.S. stimulus deal. The benchmark FTSE/JSE Africa All Share Index gained 1.5% to 60,353 at 10 a.m. in Johannesburg, with miners, banks and retailers prominent among gainers. South ...

Bank Dividend Talk Still a Non-Starter for South Africa Watchdog Roxanne Henderson, Bloomberg News Skyscraper office buildings in the Sandton area stand on the skyline beyond residential housing in the Alexandra township in Johannesburg, South Africa, on Thursday, June 11, 2020. The near-decade of mismanagement and corruption under former President Jacob Zuma combined with the coronavirus outbreak and loss of South Africa’s investment-grade rating have left the economy in its worst state in the democratic era. Photographer: Waldo Swiegers/Bloomberg ...

South Africa Consumer Mood Subdued Despite Partial Recovery Prinesha Naidoo, Bloomberg News A sign advising shoppers to wear protective face masks stands on display inside a Pick n Pay Stores Ltd. supermarket in Johannesburg, South Africa, on Monday, May 11, 2020. South Africa’s government expects the coronavirus to pose a threat to public health for at least a year and is intensifying measures to slow its spread as experts warn of a second wave of infections with public life resuming, President Cyril Ramaphosa said. , Bloomberg (Bloomb...