Sept. 20 (Bloomberg) -- Statistics South Africa releases second-quarter non-farm jobs data at 11:30 a.m. in Pretoria. South Africa has the highest unemployment rate of 61 countries tracked by Bloomberg.
WHAT TO WATCH: * The central bank releases its leading indicator for July at 9 a.m. local time. * Rural Development and Land Reform Minister Gugile Nkwinti briefs lawmakers at 9 a.m. in Cape Town. * Officials from the Department of Home Affairs address lawmakers on the processing of documents for Zimbabweans. * The South African Reserve Bank releases results of a weekly government bond auction at about 11:30 a.m. in Johannesburg. * South African Grain Information Services releases weekly imports and exports of corn and wheat on its website at 12 p.m. Johannesburg time. MARKETS: * The rand weakened 2.9 percent to 7.7089 per dollar by 6 p.m. in Johannesburg. * The yield on the 13.5 percent government bond due September 2015, known to traders as the R157, surged 19 basis points to 6.97 percent. * The FTSE/JSE Africa All-Share Index fell 0.3 percent to 30,959.59 yesterday. EQUITY MOVERS: * Allied Electronics Corp. Ltd. (ATN SJ): The investment company with interests in communications equipment and power cables, said earnings per share for the six months through Aug. 31 fell as much as 24 percent from the year earlier period. * Beige Holdings Ltd. (BEG SJ): The pharmaceutical and cosmetic manufacturer bought a 50 percent shareholding in Botswana-based Kgalagadi Soap Industries Ltd. for an undisclosed amount. * Cashbuild Ltd. (CSB SJ): The building materials distributor reports earnings for the 12 months through June. Normalized earnings per share will be as much as 30 percent higher than the previous year, the company said in a trading update on Sept. 14. * DigiCore Holdings Ltd. (DGC SJ): The company that makes vehicle-tracking devices reports earnings for the year to June 30. * Remgro Ltd. (REM SJ): The investment-holding company releases earnings for the 15 months through June. Earnings per share excluding extraordinary items rose as much as 60 percent compared with the year through March 2010, the company said in a trading update on Sept. 7. * Silverbridge Holdings Ltd. (SVB SJ): The computer software company reported a per-share loss of 71.47 cents for the 16 months to June 30, from earnings per share of 39.78 cents in the 12 months through Feb. 2010.
To contact the reporter on this story: Vernon Wessels in Johannesburg at firstname.lastname@example.org
To contact the editor responsible for this story: Riad Hamade at email@example.com