MTN, Sasol, AngloGold, banks lift S.African shares

(Reuters) - Mobile operator MTN led South African stocks higher on Friday on expectations of solid subscriber numbers, while Sasol hit a new all-time high on the back of a red-hot oil price.

The Top-40 blue chip index added 0.26 percent to 26,911.52 points, while the broader All-Share index rose 0.24 percent to 29,692.04 points.


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South African Stocks Advance, Led Higher by Impala Platinum and MTN Group

(Bloomberg) -- South African shares rose for a
fourth day, led by Impala Platinum Holdings Ltd. as the price of
the precious metal climbed the most in more than two weeks.

MTN Group Ltd., Africa's biggest publicly trade mobile phone
company, also gained.


Read more at Bloomberg Emerging Markets News

Absa plans 500 mln euros bond issue

(Reuters) - South Africa's Absa Bank, a unit of Absa Group, plans to issue up to 500 million euros in senior unsecured bonds, it said on Thursday.

The bonds will be issued under a 2 billion euros medium term note (EMTN) programme to be listed on the London Stock Exchange.


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