Investors dump SA bonds; manufacturing sentiment down; Ramaphosa to meet Buhari; Classic FM business rescue; Hong Kong protestor shot; New Boris Brexi..

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There’s still a month to go until Moody’s Investors Service reviews South Africa’s sovereign rating, but foreign investors aren’t taking chances, reports Bloomberg.

A gauge measuring sentiment in South Africa’s manufacturing industry fell to the lowest level in more than a decade in September and it will probably get worse.

South African President Cyril Ramaphosa will host Nigerian President Muhammadu Buhari for talks, weeks after xenophobic violence strained economic ties between the two nations.

African Media Entertainment has told shareholders that the company has been informed by the board of directors of Classic FM that a resolution was adopted approving the voluntary commencement of business rescue proceedings in terms of the Companies Act, 2008.

Protesters and police battled across Hong Kong in some of the most serious clashes since widespread unrest began in June, with a demonstrator shot by police for the first time.

British Prime Minister Boris Johnson will present a new plan for a Brexit deal to the European Union within days, but there are already signs it may fail.
1 Oct 2019 9AM English South Africa Investing · Business News

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