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South Africa Stocks Extend Record as Stimulus Hopes Boost Miners John Viljoen, Bloomberg News The Johannesburg Stock Exchange. , Photographer: Waldo Swiegers/Bloomberg (Bloomberg) -- The main South African stock index extended its advance to a fourth day, adding to Wednesday’s record close and tracking moves in most Asian markets amid expectations that U.S. President-elect Joe Biden has a clearer path to boosting fiscal stimulus after key elections. The FTSE/JSE Africa All Shares Index rose 0.4% as of 9:46 a.m. in Johannesburg. An index...

Asia Sentinel China: Manufacturing Consent in South Africa Analysis of China’s image in selected South African media during the early months of the Covid-19 pandemic Jan 6 By: Anton M. Pillay A few months ago, China temporarily withdrew its ambassador to Pretoria after waiting for more than a year for South Africa to appoint an emissary to Beijing. It appears that the Chinese would only accept Siyabonga Cwele, a former South African intelligence minister, minister of state security and minister of telecommunications and postal services. South African authorities are believed to have refuse...

South Africa Stocks Set to Finish Year With Gain of More Than 4% Bloomberg 12/31/2020 Lukas Strobl © Bloomberg 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. (Bloomberg) -- South Africa’s main stocks benc...

JSE's building in Sandton. Photo: Elvira Wood South Africa’s main stocks benchmark was broadly neutral on Thursday, poised to finish the year with a gain of more than 4%, recovering from a drop of as much as 33% during the pandemic-fueled sell-off in March. The FTSE/JSE Africa All-Share Index was down 0.4% as of 9:54 a.m. in Johannesburg, with 16 of 41 sector sub-indexes lower. Large-cap miners BHP Group Plc and Anglo American Plc weighed on the gauge the most, falling 1% and 0.7% respectively as iron ore futures head toward a back-to-back weekly loss. Nevertheless, min...

South African Stocks Rise Amid Naspers Rebound, New Vaccine Lukas Strobl, Bloomberg News A logo stands on the wall in the reception area of the Johannesburg Stock Exchange (JSE) in the Sandton district of Johannesburg, South Africa, on Monday, Sept. 3, 2018. The emerging-market sell-off may have already battered South Africa's rand, but it could get worse as traders fret about a push for land reform that may have far-reaching economic consequences and is catching the attention of world leaders. Photographer: Waldo Swiegers/Bloomberg , Bloomb...