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Apple forecasts strong sales growth as iPhone demand in Asia rebounds

Apple on Thursday forecast higher-than-expected revenue growth of up to 16% for the March quarter, powered by strong demand for its iPhones and a sharp rebound in China and accelerating demand in India

SAFTU slams British American Tobacco’s planned closure of factory

The trade union federation has criticised plans by British American Tobacco to shut down its local manufacturing plant.

Interest rate cut possible if Rand continues to strengthen and oil prices drop: SARB

The bank says inflation has reached its peak for the year and is expected to remain under control.

Canal+ shares leap on big cost savings expected from MultiChoice deal

Canal+ shares jumped around 14% to a ‌record high on Thursday, after the pay-TV group said it expects over $479 million in annual cost savings following its acquisition of MultiChoice last year.

SA energy regulator approves power cost relief for ferrochrome makers

The National Energy Regulator of South Africa (SA) (NERSA) on Thursday approved an application by Eskom to reduce electricity tariffs by 35% for two distressed ferrochrome operations battling high power costs.

Gold nears $5 600 as safe-haven rush intensifies, silver blazes past $120

Gold advanced to a new record high near the $5 600-an-ounce level on Thursday, as investors sought refuge from escalating geopolitical tensions and weakening economic signals in the United States (US).

The Journal

FINANCE

FINANCE

Apple forecasts strong sales growth as iPhone demand in Asia rebounds

SAFTU slams British American Tobacco’s planned closure of factory

Interest rate cut possible if Rand continues to strengthen and oil prices drop: SARB

Canal+ shares leap on big cost savings expected from MultiChoice deal

SA energy regulator approves power cost relief for ferrochrome makers

Gold nears $5 600 as safe-haven rush intensifies, silver blazes past $120

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