A selloff in Absa Group Ltd. shares may have further to run as the South African lender’s disappointing earnings guidance causes once-bullish analysts to turn cautious on the stock.
A selloff in Absa Group Ltd. shares may have further to run as the South African lender’s disappointing earnings guidance causes once-bullish analysts to turn cautious on the stock.
The precious-metals miners that propelled South African stocks to a record have become a millstone, dragging the benchmark index toward its worst quarterly slump in almost three years.
The precious-metals miners that propelled South African stocks to a record have become a millstone, dragging the benchmark index toward its worst quarterly slump in almost three years.
South Africa’s leader announced a crackdown on undocumented migrants in the country following a spate of protests and xenophobic attacks, while reiterating that citizens shouldn’t take the law into their own hands.
South Africa’s leader announced a crackdown on undocumented migrants in the country following a spate of protests and xenophobic attacks, while reiterating that citizens shouldn’t take the law into their own hands.
Demonstrators during an anti-immigrant protest to call on the government to deport irregular immigrants in the Benoni area east of Johannesburg, South Africa on June 5, 2026.
South Africa’s leader said the government will crack down on illegal migration, amid growing protests against foreign nationals in the country.
Cyril Ramphosa, South Africa's president, at a ceremony to bestow National Orders on deserving recipients at the Sefako M. Makgatho Presidential Guest House in Pretoria, South Africa, on Tuesday, May 19, 2026. Ramaphosa is preparing to mount a two-pronged legal challenge to block an impeachment hearing into an alleged cover-up of a burglary at his game farm.
South African President Cyril Ramaphosa will address the nation on Sunday on the government’s management of illegal migration and the recent surge in protests against foreign nationals, the presidency said.
South African President Cyril Ramaphosa will address the nation on Sunday on the government’s management of illegal migration and the recent surge in protests against foreign nationals, the presidency said.
Members of "March and March" are confronted by members of the South African Police Service (SAPS) as they try to clashing with foreign nationals who say they have no safe place to return to and are appealing for help from the South African government and that are being directed to busses to be transported from the Diakonia Centre to the Home Affairs offices in Durban on May 21, 2026. The crowd, made up largely of refugees and foreign nationals had been sheltering at the station for up to two days, seeking police protection amid threats and intimidation. Their presence came against the backdrop of sporadic anti-illegal immigration protests that have unsettled parts of South Africa in recent weeks. (Photo by RAJESH JANTILAL / AFP via Getty Images)
Ninety One Plc remains constructive on South African equities, saying the war in Iran has created opportunities to buy stocks at prices that are lower than justified by their earnings outlook.
Ninety One Plc remains constructive on South African equities, saying the war in Iran has created opportunities to buy stocks at prices that are lower than justified by their earnings outlook.
South Africa’s rand soared the most in nine years, government bond yields tumbled and stocks surged as investors piled back into emerging-market assets that were worst-hit by the Middle East conflict.
South Africa’s rand soared the most in nine years, government bond yields tumbled and stocks surged as investors piled back into emerging-market assets that were worst-hit by the Middle East conflict.
Johannesburg’s benchmark stock index is heading for its worst month in almost two decades, reeling from a double hit as the Iran war saps demand for emerging-market assets while plunging precious-metal prices weigh on the country’s miners.
Johannesburg’s benchmark stock index is heading for its worst month in almost two decades, reeling from a double hit as the Iran war saps demand for emerging-market assets while plunging precious-metal prices weigh on the country’s miners.
The Johannesburg Stock Exchange (JSE) in Johannesburg, South Africa.
South Africa’s stock benchmark has fallen 10% since peak in late February as investors pull away from overheated markets while conflict in the Middle East drags on.
South Africa’s stock benchmark has fallen 10% since peak in late February as investors pull away from overheated markets while conflict in the Middle East drags on.
The Johannesburg Stock Exchange (JSE) in Johannesburg. Photographer: Waldo Swiegers/Bloomberg
South African stocks’ record 12-month winning streak has further to go thanks to booming metals prices and the firmer rand, according to Bank of America Corp.
South African stocks’ record 12-month winning streak has further to go thanks to booming metals prices and the firmer rand, according to Bank of America Corp.
Surging metal prices and a strengthening rand helped propel South Africa’s benchmark stock index to a record high on Monday, with investors expecting the rally to run further.
Surging metal prices and a strengthening rand helped propel South Africa’s benchmark stock index to a record high on Monday, with investors expecting the rally to run further.
European mining stocks are on the verge of capping the best year since 2016. For bulls, another year of gains comes down to copper prices reaching new heights.
European mining stocks are on the verge of capping the best year since 2016. For bulls, another year of gains comes down to copper prices reaching new heights.
An index of South African banking stocks climbed to a record high on Thursday after JPMorgan Chase & Co upgraded the country’s financial sector to overweight, citing an improving macro backdrop, attractive valuations and a positive earnings outlook.
An index of South African banking stocks climbed to a record high on Thursday after JPMorgan Chase & Co upgraded the country’s financial sector to overweight, citing an improving macro backdrop, attractive valuations and a positive earnings outlook.
The FTSE/JSE Banks index is on track for an all-time-high close.
Mr Price Group Ltd. slumped amid market concerns that the South African clothing chain is overpaying for the retail business of NKD Group to expand in central and eastern Europe.
Mr Price Group Ltd. slumped amid market concerns that the South African clothing chain is overpaying for the retail business of NKD Group to expand in central and eastern Europe.
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