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SATURDAY, 24 MARCH 2018, 19:52


South Africa dodges junk status

Today at 00:07 AM, via BusinessTech

Ratings agency Moody’s has upheld South Africa’s baa3 credit rating – one notch above junk – and has adjusted the country’s outlook from negative to stable.

Moody’s leaves SA’s credit rating unchanged

Today at 00:07 AM, via IOL

Moody’s has left South Africa’s credit rating unchanged at Baa3, citing the appointment of Nhlannhla Nene’s appointment as one of the reasons for its decision.

Naspers CEO explains Tencent move

Yesterday at 19:36 PM, via Fin24

Naspers may have sold 190 million shares in Tencent for $9.8bn, but it remains bullish about the Chinese firm as well as growing its other businesses to scale, CEO Bob van Dijk tells Fin24.

For Tesla, cars+cash+credit+convertibles = crunch time: Gadfly

Yesterday at 18:44 PM, via Fin24

Opinions differ on the exact nature of Tesla, ranging from struggling car manufacturer to tech pioneer to something akin to the second coming. Regardless, it is undoubtedly one thing: a money machine, writes Liam Denning.

Teleology acquires Nigeria’s 9mobile

Yesterday at 18:30 PM, via IOL

Teleology Holdings has agreed to buy 9mobile, Nigeria’s fourth largest telecoms provider, the investment firm said yesterday.

JSE slides ahead of ratings decision

Yesterday at 18:03 PM, via Fin24

The JSE traded softer on Friday ahead of the ratings decision from Moody’s which was expected well after the market close.

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