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Simon's weekly wrap - Moneyweb

This week MoneywebNOW looked at the ins and outs of structured products and Section 18A of the tax code. ....

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Glencore ready to spin-off coal unit after sealing Teck's buy

Glencore (LON:GLEN) is moving ahead with plans to spin-off its profitable but polluting thermal coal business after clinching on Tuesday a $8.9 billion-deal for the coal […] ....

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Things are bad in SA, but fund managers are still choosing local

The outlook for the South African economy may be dire, but the same is not true for its financial markets, asset managers say. ....

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Lekoil announces strategic investment and restructuring

AIM-listed LEKOIL, the oil and gas exploration and production company with a focus on Nigeria and West Africa has announced that Savannah Energy Investments, has entered into a convertible facility agreement (the CFA ) and option agreement with the Company in order to support the Company s restructuring. ....

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Implats in talks to become a platinum metals giant

Impala Platinum is in talks to buy its smaller rival Royal Bafokeng Platinum. ....

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