Jul
02

South Africa Politics and News Monitor – IFA Hotels & Resorts, Imperial: South Africa Equity Preview (Bloomberg)

IFA Hotels & Resorts, Imperial: South Africa Equity Preview (Bloomberg)
July 2 (Bloomberg) — The following is a list of companies whose shares may have unusual price changes in South Africa. Stock symbols are in parentheses after company names and prices are from the last close.

Philip Morris International to buy South Africa snuff maker (Richmond Times-Dispatch)
Philip Morris International Inc., maker of Marlboro and other cigarettes for sale overseas, has agreed to buy a Swedish company’s South African snuff and pipe tobacco operations for 1.75 billion South African rand, or roughly $222 million. Philip Morris International estimated that Swedish Match South Africa Ltd.‘s pipe tobacco and snuff products account for about 31 percent of total tobacco …

South Africa Picks Muller to Replace Banned Botha in Lions Test (Bloomberg)
July 2 (Bloomberg) — South Africa picked Johann Muller to replace suspended lock forward Bakkies Botha for the third and final rugby union Test against the British and Irish Lions in Johannesburg in two days.

South Africa and Lions coaches fail final Test (Belfast Telegraph)
If you needed proof that this tour is dead in the water, the respective Test selections for the Lions and South Africa provided it yesterday. Related Stories Munster’s future will centre on De Villiers Teams for Third Test to be Announced Today No apology from Burger who claims: ‘I’m no rugby thug’ Face of rugby that we don’t need Eyes now on O’Gara

Botha out of South Africa Test (Daily Telegraph)
SOUTH Africa will be without Bakkies Botha for the third Test against the British and Irish Lions after his appeal against a two-week ban was rejected.

South Africa’s IDC May Sell Bonds to Boost Loan Funds (Update1) (Bloomberg)
July 2 (Bloomberg) — Industrial Development Corp. , South Africa’s state-owned lender, said it may sell bonds for the first time in “several years” to help finance a surge in loan requests from companies in financial difficulties.

South Africa and Lions coaches fail final Test (Belfast Telegraph)
If you needed proof that this tour is dead in the water, the respective Test selections for the Lions and South Africa provided it yesterday. Related Stories So far, so good for Ulster boss McLaughlin Munster’s future will centre on De Villiers Teams for Third Test to be Announced Today No apology from Burger who claims: ‘I’m no rugby thug’ Face of rugby that we don’t need

Philip Morris to buy South Africa snuff maker (San Francisco Chronicle)
Philip Morris International, maker of Marlboro and other cigarettes for sale overseas, has agreed to buy a Swedish company’s South African snuff and pipe tobacco operations for 1.75 billion South African rand, or roughly $222 million. Philip Morris… Sponsored Topics: South Africa – South African rand – Africa – Government – Society and Culture

South Africa ANC Unaware of Mine Nationalization Call (Update2) (Bloomberg)
July 2 (Bloomberg) — South Africa ’s ruling party, the African National Congress , said it’s unaware of an alleged call by the party’s youth league for the government to nationalize the country’s mining and manufacturing industries.

Philip Morris to buy Swedish Match South Africa (Richmond Times-Dispatch)
NEW YORK—Philip Morris International Inc. said today it has agreed to buy Swedish Match AB’s South African operations for 1.75 billion South African rand, or roughly $222 million. Swedish Match South Africa Ltd. reported sales of 687 million South African rand last year. Its brands include Boxer, Best Blend and Taxi. Philip Morris estimated that Swedish Match South Africa’s pipe tobacco and …