10th February 2022
In
Blog Article
Stocks rose too.
The South African rand firmed in afternoon trade on Tuesday as power utility Eskom suspended its latest power cuts, with market focus also fixed on U.S. inflation data due later in the week that could unleash bets on faster interest rate hikes there.
At
28th January 2022
In
News
The work is now the second most expensive piece by the Italian painter ever to be sold.
On Thursday morning in New York, during an old masters auction, Sotheby’s sold Sandro Botticelli’s Man of Sorrows (ca. 1500) for $45.5 million, making it the second most expensive
21st January 2022
In
Blog Article
Consumer prices rose 5.9% in December, taking the average inflation rate for 2021 to 4.5%, according to the statistics office.
South African consumers are in for another difficult year, with energy and fuel prices likely to surge and the central bank and government set to remove
Curfew lifted with immediate effect.
South Africa eased restrictions meant to stop the spread of coronavirus even as the percentage of people testing positive for the disease exceeded 20% for the 19th straight day.
The government lifted a curfew that was in place from midnight to 4
17th December 2021
In
Economy, Finance
Providing some respite as the nation grapples with the economic damage wrought by a fourth wave of coronavirus infections.
Fitch Ratings unexpectedly upgraded its outlook on South Africa’s credit rating, providing some respite as the nation grapples with the economic damage wrought by a fourth wave
10th December 2021
In
Economy, Finance
After more than 90 nations imposed travel bans on the country right before its summer holiday season because of the discovery of the coronavirus omicron variant.
South Africa’s economic growth forecast of 5.1% for 2021 is at risk after more than 90 nations imposed travel bans
5th December 2021
In
Economy, Finance
There are ‘polarising views’ on gold’s future.
Gold rebounded from a three-week low as traders weighed the spread of the omicron coronavirus variant against comments by Federal Reserve Chair Jerome Powell on the need to curb inflation.
Researchers worldwide are racing to understand the full impact of