The SA Reserve Bank and Steinhoff’s successor company, Ibex, have reached a deal to unblock R9 billion in funds that the central bank froze earlier this year.
Global stocks kicked off the week on a the back foot on Monday, after strong gains last week, while increasing bets on Donald Trump winning the looming US presidential election.
About 300 people on Sunday invaded a pit at Gemfields Group’s ruby mine in Mozambique, which accounts for about half the world’s supply of the stones, Executive Officer Sean Gilbertson said. Two people were shot and injured by police, he said.