Flash Briefing: Sibanye shares tank; JSE wants Ayo audited; Bibi wins in Israel; Mr Price, Banks; Platinums.
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South African gold and platinum producer Sibanye has announced that it had raised R1.8bn ($130m) in cash through selling the equivalent of 5% of its equity at R16.50 a share.
The Johannesburg Stock Exchange has urgently requested that the external auditors of Ayo Technology Solutions investigate the company’s reported financials for the six months to end February 2018 and February 2019 .
On the day when Israel is set to celebrate becoming only the fourth country to land a spacecraft on the moon, the nation also digests its collective decision to elect a political leader facing corruption charges.
A South African currency strengthening to better than R14 to the US dollar sparked another big day for retailing shares on the JSE, led by a 7.4% surge for discounter Mr Price whose stock has risen 17% in a fortnight.
The Johannesburg Stock Exchange has urgently requested that the external auditors of Ayo Technology Solutions investigate the company’s reported financials for the six months to end February 2018 and February 2019 .
On the day when Israel is set to celebrate becoming only the fourth country to land a spacecraft on the moon, the nation also digests its collective decision to elect a political leader facing corruption charges.
A South African currency strengthening to better than R14 to the US dollar sparked another big day for retailing shares on the JSE, led by a 7.4% surge for discounter Mr Price whose stock has risen 17% in a fortnight.
