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Li, who chairs auto giant Geely Automobile Holdings, bought a 9.69-percent stake in the carmaker, worth around 7.2 billion euros (R102.78 billion), according to the filing.
National Treasury said all three major global ratings agencies had given positive feedback on this week’s budget.
Economists cited greater political certainty, lower inflation and a stronger rand for the possible move down.
The rand should remain range-bound until any political news was announced due to the absence of major data releases.
South Africa is battling a R50-billion revenue shortfall largely blamed on poor administration of state-owned enterprises, corruption and poor tax collection.
Snap Inc.'s shares fell by over six percent in Thursday trading, a loss of about $1.3 billion in market capitalization.
Greece has received three international bailouts since 2010, and its debt currently stands at 177 percent of economic output.
A case study asks students to decide whether to partner with Trillian to win a contract with Eskom.
The Dow Jones Industrial Average led the major indices, jumping 0.7 percent to close at 24,962.48.
The global rating agency praises aspects of the 2018 budget.
The gas company declares a final dividend of 54c a share‚ marginally down from a year ago.
Journalist and political commentator Justice Malala will moderate a panel of Investec's top commentators on Thursday, 22 February, the day after #BudgetSpeech2018
In his budget speech tabled on Wednesday, Finance Minister Malusi Gigaba announced a raft of tax reforms as part of raising an additional R36-billion in revenue.
The impact of previous administrative wastage, combined with promises to fund higher education, left the Treasury with little room to maneouvre.
Finance Minister Malusi Gigaba's announcement of a VAT increase has been criticised by civil society organisations.
Sanlam said Finance Minister Malusi Gigaba’s budget speech delivered on Wednesday may inspire confidence with rating agencies and attract investments into the economy.
The backing came as Westfield posted a 13.5 percent lift in annual profit to US$1.55 billion, shrugging off tough retail conditions and competition from online platforms.
The Dow Jones Industrial Average lost 0.7 percent to close at 24,797.78.
Food and drug retailers rose 3.53 percent and banks 2.39 percent, but gold-mining companies lost 0.48 percent.
The minister of finance joined eNCA Moneyline's Siki Mgabadeli after addressing Parliament.
Finance Minister Malusi Gigaba announced that the deficit would be reduced to 3.5 percent by the 2020-21 financial year.
This tool will help you determine how much time each day, you spend working for the government in the form of tax, rather than for yourself.
Poor communities will feel the cuts in spending on school buildings, roads and electrification.
Finance minister says fiscal proposals in his budget will cause economic discomfort but are necessary to protect public finances. would like to send you push notifications.
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