Author Archives: Bulls n Bears

RTG buys back $16,7m debentures

Hospitality firm, Rainbow Tourism Group Limited (RTG), has announced plans to buy back $16,68 million worth of debentures issued in 2018. The debenture redemption has been necessitated by depreciation of… Read more »

Edcon extends deadline

Edcon’s administrators extended a deadline for offers for the three main divisions of South Africa’s second-largest clothes retailer, whose sales suffered from pandemic restrictions. Binding offers are now expected in… Read more »

JSE fines Tongaat Hulett

The Johannesburg Stock Exchange (JSE) has fined sugar producer Tongaat Hulett R7,5 million and publicly censured it for publishing financial statements that contained errors. “Tongaat Hulett notes and accepts both… Read more »

Fuel price unchanged

Energy sector regulator, the Zimbabwe Energy Regulatory Authority (Zera) said yesterday fuel prices remain unchanged this week despite the local currency depreciating by 11 percent against the United States dollar…. Read more »