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Buffett buys Berkshire shares; Huawei booms in China; Multichoice competitor folds.

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Warren Buffett’s Berkshire Hathaway disclosed over the weekend that it bought back $440m worth of its own shares in the three months to end June.
The world’s number two smartphone maker Huawei Technologies is reaping an unexpected benefit from continued attacks by US president Donald Trump and his allies.
In a related story, after brief and unproductive talks last week, the US/China trade war ratcheted higher on Sunday when US president Donald Trump over-ruled his advisors by deciding to ramp up tariffs.
Zimbabwe’s economic crisis has reached a new level with Finance Minister Mthuli Ncube announcing he is to black out inflation statistics for the next six months.  Learn more about your ad choices. Visit megaphone.fm/adchoices
4 Aug 2019 12PM English South Africa Investing · Business News

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