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Metropolitan sees inflation threat
Metropolitan Holdings warned a further deterioration in food and transport inflation could curtail new business after on Wednesday.
Metropolitan Holdings
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Metropolitan’s headline earnings up 14%
South African life insurer Metropolitan Holdings posted a 14% rise in first-half diluted headline EPS on Wednesday.
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‘Taxi pledge’ to encourage respect for commuters
The South African National Taxi Council launched a ”taxi pledge” on Monday. The spotlight has been on taxi violence recently after a 25-year-old woman was stripped and assaulted by taxi drivers at Johannesburg’s Noord Street taxi rank because she was wearing a miniskirt.
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JSE: Investors prefer sidelines, eye US
The JSE continued to move sideways at noon on Wednesday as investors preferred the sidelines prior to the United States opening. One trader said that with the possibility of an interest-rate cut in US markets next week, markets are busy consolidating. "Although the Dow was up last night, US futures are down," he said.
