Khuleko Siwele
Equity Reporter at Bloomberg L.P.
2x Wits Graduate 👩🎓 BA Media Studies and Psychology, BA Honors Media Studies & Journalism Markets Reporter✍️ @bloomberg || Views Are My Own
Articles
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3 weeks ago |
bloomberg.com | Khuleko Siwele |Zinhle Xaba
A Cell C Ltd. advertisement billboard in Johannesburg. (Bloomberg) -- Blue Label Telecoms Ltd. surged to the highest in almost seven years after it proposed a restructuring of its business to ultimately enable a listing of Cell C Ltd., South Africa’s fourth-largest wireless carrier.
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1 month ago |
bloomberg.com | Khuleko Siwele
(Bloomberg) -- South Africa’s benchmark stock index headed for a record close as the surging gold price boosted shares of the country’s precious-metals miners. The FTSE/JSE Africa All Share Index rose as much as 1.1% on Wednesday, on track for a fifth consecutive day of gains. It has wiped out a near-10% slide that followed US President Donald Trump’s announcement of so-called reciprocal tariffs.
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1 month ago |
news.bloomberglaw.com | Khuleko Siwele
South Africa’s benchmark stock index headed for a record close as the surging gold price boosted shares of the country’s precious-metals miners. The FTSE/JSE Africa All Share Index rose as much as 1.1% on Wednesday, on track for a fifth consecutive day of gains. It has wiped out a near-10% slide that followed US President Donald Trump’s announcement of so-called reciprocal tariffs.
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1 month ago |
news.bloombergtax.com | Khuleko Siwele
South Africa’s benchmark stock index headed for a record close as the surging gold price boosted shares of the country’s precious-metals miners. The FTSE/JSE Africa All Share Index rose as much as 1.1% on Wednesday, on track for a fifth consecutive day of gains. It has wiped out a near-10% slide that followed US President Donald Trump’s announcement of so-called reciprocal tariffs.
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2 months ago |
bloomberg.com | Khuleko Siwele |Paul Burkhardt
South African stocks plunged the most in five years as steep US tariffs on the country’s exports cloud the outlook for corporate profits and the economy. The FTSE/ JSE Africa Africa All Share Index fell as much as 4.5% in Johannesburg, its biggest drop since March 2020. Banks were the biggest drag by index points, while other South Africa Inc. sectors including telecommunications, personal care, retail and life insurance also took a hit.
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South African stocks have their noses in front of emerging-market peers, but glum news from China threatens to weigh on the key mining sector and stymie that outperformance. Read more: https://t.co/yy7dh3p6Ba