LONDON/JOHANNESBURG Shares in South African investment firm Brait plunged more than 20 percent on Monday after its British fashion chain New Look announced a deal with creditors to cut 1 billion pounds off its debts, in its latest turnaround attempt.
* Parent firm Brait's shares fall more than 20 pct
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* GRAPHIC: https://tmsnrt.rs/2DbEu6z
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* Shoprite says to oppose the charge
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* Nedbank completes transaction with minority shareholders
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JOHANNESBURG, Dec 14 Shoddy and incomplete
accounting at South Africa's troubled state-run arms firm Denel
left the country's Auditor General unable to make a judgement on
the soundness of its most recent financial statements, according
to the firm's annual report.
JOHANNESBURG, Dec 13 Workers will return to Gold
Fields' sole South African mine on Thursday after a
six-week strike was called off by the country's National Union
of Mineworkers (NUM), with production likely to resume in
earnest next year.
Workers from the largest union operating at the South Deep
mine downed tools in November after the bullion producer
announced plans to cut 1,100 jobs at the mine - near a third of
JOHANNESBURG A probe into accounting irregularities at Steinhoff International and the release of the retailer's restated results have been delayed, it said on Thursday, sending its shares down as much as 21 percent.
* Steinhoff delays publication of 2017, 2018 financial
* Changes to cut premiums written by a third in 2019
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