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...Additional reporting by Rob Rose in Cape Town...
...As Rob Rose reports, the company is targeting Africa in a strategy that presents strategic challenges for the US and other western nations....
South Africa’s regulator had inflicted Jooste with record $25mn fine for role in country’s biggest corporate scandal
Electricity tsar says issue that has plagued the country for more than a decade would be largely over by year end
Markus Jooste issued with $25mn penalty by financial watchdog for his role in accounting scandal
John Lamola reasserts goal of becoming a ‘global brand’ as state-owned carrier turns profit for first time since 2011
...(Rob Rose) Job Moves Anglo-French oil and gas company Perenco SA has appointed Armel Simondin as chief executive, effective March 15....
Defeated presidential candidate says his Citizens Coalition for Change party has been ‘contaminated’ by ruling Zanu-PF
Move comes ahead of a general election as the ruling ANC seeks to quell unease at its handling of the economy
Governing party, which faces tough elections this year, says new movement is pursuing ‘counter-revolutionary’ agenda
...Thanks, Rob. Rob ArmstrongThank you....
Row over young cricket captain exposes social rift as Pretoria pursues landmark International Court of Justice lawsuit
...Friday interview: Rob Arnott Rob Arnott, whose quant-focused shop Research Affiliates runs $130bn, is perhaps best known as the doyen of “smart beta”, low-cost strategies that try to beat the market a little...
Imminent arrest of Markus Jooste for fraud was part of efforts to show country is intent on tackling white collar crime
...The S&P Global UK manufacturing purchasing managers’ index rose to a 20-month high of 50.3, up from 47.5 in February and above the earlier estimate of 49.9....
...Rob Dobson, director at S&P Global, said UK manufacturing was recovering “from its recent doldrums”, with production and new orders returning to growth “following year-long downturns”....
...Public sector spending in the full fiscal year rose by £58.4bn compared with the same period last year as increased spending on public services and benefits outstripped large reductions in interest payments...
...Additional reporting by Mehul Srivastava, Felicia Schwartz, Rob Rose and Mai Khaled...
...Consumer prices rose at an annual rate of 3.2 per cent in March, down from 3.4 per cent in February, the Office for National Statistics said on Wednesday....
...Meanwhile, mortgage approvals rose in February to a 17-month high, according to separate figures released by the Bank of England this week....
...I was indicating that I’m not certain about my answer by the fact that my tone rose at the end of the answer, in case you guys didn’t catch that....
...The probability of the first 0.25 percentage point cut being delivered by June rose from about 50 per cent to 60 per cent, with traders moving to price in three cuts by the end of the year....
...The benchmark FTSE 100 index rose 1.4 per cent after the news, putting it on track to close at a record high....
...Rob Murphy, managing director of Edison Group, said Lloyds’ outlook “remains positive” and that “the shares look undervalued relative to global peers”....
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