Moody's places Eskom on review for downgrade

Ratings firm Moody's said it was placing Eskom's credit rating on review for a downgrade citing the risk of the country's institutional, economic and fiscal strength deteriorating.

• ’Let’s go to work’ – Gigaba
• #PeoplesMarch: Companies encouraged to let employees attend
• Supplying snacks for Africa
• Bourse higher, lifted by bullion shares

’Let’s go to work’ – Gigaba

Malusi Gigaba is committed to inclusive growth and radical economic transformation to the benefit of all South Africans.

• Senior Treasury official asks to leave
• Nothing personal, but I'm not resigning, says Gigaba
• No need for despondency over downgrade: Gigaba
• Fiscal policy won't change - Zuma

Astral expects a 60% drop in earnings

Astral Foods expects headline earnings per share for the six months ended March 31 to fall by up to 60 percent.

• Philips Africa seeks growth
• Harmong strike declared illegal
• Ecsponent buys 10% stake in MyBucks
• Basil Read's order book has grown by R2.3bn

BMW pips Mercedes in US auto sales race

BMW topped its rival in the US luxury auto market for the first time this year, eking out a monthly sales increase on Daimler AG’s Mercedes-Benz.

• RBS is reduced to a shadow
• Improving global growth boosts EU
• Google changes YouTube ad rules
• Shell to double Indian gas capacity

Bourse higher, lifted by bullion shares

Stocks gained yesterday, led by bullion shares.

• BevSA sugar tax changes
• Rand slides on S&P credit rating cut
• Gold producers lead the bourse higher
• Firm dollar puts dent into rise of gold

Can we live with a rand at R20 to dollar?

SA Council of Churches' Malusi Mpumlwana ponders the state of SA's economy in light of Ahmed Kathrada's death.

• The soul of statistics
• Nicola’s Notes: #Junkstatus, Now what?
• Fracking surprise
• Cyber crime bill crucial but also vexed