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IOL Newsletter
Wed Feb 22 2017
 
JSE Index   Rand/Dollar
     
 
 
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TOP STORIES  
 

BHP back in the black

BHP Billiton returned to profitability in the six months to end December, benefiting from higher commodity prices and cost cutting measures.

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No power tariff deal for Zim chrome miners

The Zimbabwean power utility, Zesa, has refused to lower tariffs for chrome miners.

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De Beers sparkles with results

Diamond mining company De Beers has said it is optimistic about its growth prospects after it reported a 30 percent increase in revenue to R79.74 billion.

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Edcon has lost 400 000 patrons

Ailing retailer Edcon shed nearly 400 000 customers during the three months to December as its aggressive discount strategy failed to lift its profit margins.

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BREAKING BUSINESS NEWS  
   
 

Abu Dhabi challenges hit Mediclinic shares

Shares in Mediclinic traded 4.6 percent weaker on the JSE on Tuesday after the group released a trading update.

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NEWS  

#Budget2017: Give us hope Pravin

The word from economists, captains of industry and entrepreneurs is clear: we are looking forward to a message of hope from the budget speech.

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COMPANY NEWS  

Abu Dhabi challenges hit Mediclinic shares

Shares in Mediclinic traded 4.6 percent weaker on the JSE on Tuesday after the group released a trading update.

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INTERNATIONAL  

Facebook mimics Snapchat

Now there's another Facebook app making features that mimic Snapchat.

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MARKETS  

Mugabe wants rand as currency

President Robert Mugabe hints he would prefer the adoption of the rand in Zimbabwe despite a reluctance to adopt the currency from his government.

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OPINION/ANALYSIS  

The #Budget2017 dilemma

This year’s Budget Speech will attract a great deal of attention write Dave Mohr and Izak Odendaal.

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