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Barclays sells more shares in Africa Barclays on Thursday increased the number of shares it will sell in Barclays Africa Group from £1.5 billion to £2.2 billion, or approximately R37.7 billion, due to strong investor demand. Full story |
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Net1 to use surplus cash in buying 15% Cell C stake Net1 UEPS Technologies reiterated on Thursday that it will continue to pursue its acquisition of a 15 percent stake of Cell C for a cash consideration of R2 billion, but now through surplus cash and debt. Full story |
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Magwanishe represents SA at economic forum in Russia South Africa's Deputy Minister of Trade and Industry, Gratitude Bulelani Magwanishe arrived in Russia on Wednesday to attend the St Petersburg International Economic Forum (SPIEF). Full story |
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European stocks give up gains Gains in European stocks were short-lived as bank shares slumped and miners and energy producers tracked losses in crude prices. Full story |
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