Today's Rand Exchange Rates

UK Pound£1=R21.77
US Dollar$1=R14.46
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Weather in South Africa

Cape TownLight Cloud-2ºC/5ºC
JohannesburgSunny Intervals12ºC/24ºC
DurbanSunny Intervals19ºC/23ºC
Port ElizabethSunny15ºC/22ºC
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Friday, 15th December 2017

South Africa News Headlines | PSG CEO puts Steinhoff ripple effect into perspective
PSG Group does no co-investment business with Steinhoff, nor does it have any joint ventures with Steinhoff, reiterates PSG CEO Piet Mouton. | Dalai Lama turns to iPhone to spread app-iness
He already has millions of Twitter followers and has spoken of the wonders of new technology. Now the Dalai Lama has launched a new iPhone app so devotees can keep track of his travels and teachings. | Guardiola backs flying City to keep improving
Manchester City manager Pep Guardiola warned the rest of the Premier League that his runaway leaders still have room to get even better. | Komphela: Strong Big 3 good for Bafana
Steve Komphela believes that if the big three clubs of Mamelodi Sundowns, Orlando Pirates, and Kaizer Chiefs are strong, it will benefit Bafana Bafana. | Eskom hopes to announce Kokos fate before end December
Eskom Chairperson Zethemba Khoza says the board hopes to announce the outcome of suspended acting CEO Matshela Kokos disciplinary hearing before the end of December. | Why the JSE won't suspend trade of Steinhoff shares - yet
Suspending trade of Steinhoff shares will be prejudicial to shareholders and not the company, says JSE CEO Nicky Newton-King. | Top5 on Fin24: Wiese quits Steinhoff board, Eskom announces tariff hike, and learn what Markus Jooste earned this year
ICYMI: A roundup of Friday's must-read financial and economic news. | Morata should not be compared to Drogba - Conte
Spanish striker Alvaro Morata cannot be compared to Chelsea icon Didier Drogba, the Premier League champions' coach Antonio Conte said. | Steinhoff sells 20.6 million PSG shares for R4.7bn
Steinhoff International has sold 20.6 million shares in PSG - or about 9.5% of its total share capital - raising approximately R4.7bn. | #GuptaLeaks: Confidence game or how professionals missed massive fraud at Oakbay listing
The #GuptaLeaks prove what many have long suspected: the November 2014 JSE listing of the Guptas Oakbay Resources & Energy sponsored by Sasfin Capital, audited by KPMG and banked by Absa was rooted in fraud.