JOHANNESBURG, Oct 1- South African industrial group Famous Brands on Monday said it expected its first half earnings to be as much as 20 percent higher.
*Japan's business sentiment worsens- Tankan. SINGAPORE, Oct 1- Brent crude fell below $112 per barrel on Monday, reflecting investor concerns a shaky global economy may hurt oil demand following fresh evidence of weakness in China and Japan as well as persistent worries about the debt-saddled euro zone.
DIARY For South Africa corporate diary, click on For southern and South Africa diary, click on ECONOMIC EVENTS. COMPANIES Spur Corp Ex-dividend MMI Holdings Ex-dividend Kagiso Media Ex-dividend Kap International Ex-dividend Cipla Medpro Ex-dividend Clover Ex-dividend Mpact Ltd Ex-dividend Super Group Shareholder meeting SOUTH AFRICAN MARKETS.
Separately, the bank's brokerage unit Cheuvreux could cut 290 jobs in France as part of a possible deal with financial services group Kepler Capital Markets to buy Cheuvreux, French daily Les Echos wrote, citing sources close to the matter.
*NAIROBI- Industry regulator Tea Board of Kenya releases performance report. global growth, with data from Japan to China underscoring sluggish business. weakness in China and Japan as well as persistent worries about the.
JOHANNESBURG, Oct 1- Top global platinum producer Anglo American Platinum said on Monday it would fire all strikers who did not attend disciplinary hearings the following day as an illegal strike continued at 4 of its South African mines.
NAIROBI, Oct 1- Egypt's Citadel Capital could be an investor in Uganda's proposed $2.5 billion oil refinery project, the Egyptian private equity firm's managing director said.
UNITED NATIONS, Oct 1- Syria accused the United States, France, Qatar, Saudi Arabia and Turkey on Monday of hijacking the country's 18- month conflict between government forces and pro-democracy rebel groups by supporting "terrorism" with arms, money and foreign fighters.
*Qua Iboe valued at dated plus $2.30- $2.60. GENEVA, Oct 1- Nigeria's largest crude stream, Qua Iboe, showed signs of stalling on Monday after a flurry of deals last week that boosted differentials to six-month highs.
*India, Middle East, Africa to lead high-tech product demand. have more disposable income and a heavy appetite for technology products like cell phones, tablets and laptops, " Ken Rankin, high-tech marketing director at UPS in Atlanta, said in a Friday interview with Reuters.
Tapiwa Mashakada, Zimbabwe's Minister of Economic Planning & Investment Promotion says his country's foreign investment laws encourage local partnerships. He says the thresholds can be revised if needed.
A murky political climate, an angry, strike-prone workforce and an economy unable to generate jobs for a quarter of its adults. A recipe for a Greek-style financial tragedy? Not in South Africa.
Will the last Portuguese out please turn off the light? Falling salaries and record unemployment are prompting many to emigrate. Oil-rich Angola is a major destination.
Will the last Portuguese out please turn off the light? Falling salaries and record unemployment are prompting many to emigrate. Oil-rich Angola is a major destination, the Global Post reports.
Weak growth hits the yen and some African nations want to oust the buck — it's time for your FX Fix.
U.S. Secretary of State Hillary Clinton is in the midst of an 11-day trip across sub-Saharan Africa. Speaking on 1 August on the topic “Remarks on Building Sustainable Partnerships in Africa,” Clinton at the University of Cheikh Anta Diop in Dakar, Senegal, Clinton told her audience, “The Obama Administration’s comprehensive strategy on Sub-Saharan Africa is based on four pillars: first, to promote opportunity and development; second, to spur economic growth, trade, and investment; third, to advance peace and security; and fourth, to strengthen democratic institutions.”
The US wants China and Arab states to help foot the $3bn bill for a deal designed to unlock oil production and set Sudan and South Sudan back on the path to peace, the FT reports.
Which locations have Wall Street companies chosen for their mid-level operations? Read ahead to find out.
Companies looking to ride a new wave of growth in the emerging markets should shift their focus from countries to cities, says a recent report from McKinsey Global Institute.
With anemic growth in the U.S. and Europe, retailers are increasingly turning to less developed and smaller markets for their expansion, according to an A.T. Kearney report.