0.42%

Trading and distribution company Bidvest’s gain by MTN Nigeria, resulting in MTN being more reliant on cash flows outside its key markets. Moody’s affirmed multinational media group Naspers and Steinhoff ratings at Baa3 with a stable outlook. It also affirmed AngloGold Ashanti senior unsecured ratings.

“The affirmation of AngloGold Ashanti’s Baa3 rating is based upon the company’s diversification of gold production outside of South Africa, which only represents around 17 percent of group interest, taxes, depreciation and