Economy

Lebanon and Japan have 40 days to agree on Ghosn's fate

Lebanon and Japan have about 40 days to decide whether ousted Nissan boss Carlos Ghosn will be extradited to Japan or stand trial in Lebanon, a judicial source and a source close to Ghosn said on Thursday, following his escape from Japan in December.

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Tunisia's designated PM makes employment, services the priority

Tunisia’s designated Prime Minister Elyes Fakhfakh wants a government based on the values of the 2011 revolution that would address unemployment and improve public services, he said on Friday.

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Blue Label shares rise on good interim results news

Blue Label Telecoms’s share price leapt 5% after it said it expected its interim results to increase by 20%, boosted by the impairment of mobile firm Cell C last year.

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ArcelorMittal warns of headline loss of $280 mln for year to end December

ArcelorMittal South Africa (Amsa) yesterday flagged that it would swing to a hefty R4 billion ($280 million) headline loss for the year ended in December from R968 million ($67.32 million) earnings it reported in 2018.

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Clicks shares take unexpected knock

Health and beauty retailer, Clicks Group’s share price declined by 4.05% yesterday, despite reporting a 9.9% increase in turnover to R12.9billion ($900 million) for the 20 weeks to January 12.

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Financier doubts add to Boeing's MAX headaches

To restore faith in the 737 MAX, Boeing needs to prove its flagship jet is not just airworthy but also a safe investment.

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South African Airways has enough cash to pay January wages

outh African Airways (SAA) has saved enough cash to pay January salaries, specialists appointed to try to turn around the struggling airline said on Friday.

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Shoprite Group fights packaging waste

Shoprite is now using the 4 000 tons of plastic returned annually to its distribution centres to produce its 100% recycled and recyclable plastic shopping bags.

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Rand flat as global markets steady

The South African Rand was flat early on Friday as global markets steadied after the World Health Organisation said a new coronavirus was an emergency for China but not an epidemic of international concern.

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Zimbabwe food crisis worsens with few signs of corn imports

Zimbabwe insists it’s prepared to deal with a deepening food crisis, but the United Nations (UN) says so far there’s little evidence enough corn is coming in to feed the drought-stricken nation’s half population, who are going hungry.

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