International

4 weeks ago | August 27, 2020

Rand holds firm after breaking R17/$ barrier

The rand firmed against the dollar on Monday in anticipation of economic intervention by the US Federal Reserve on ...

15 EU countries set to receive 81.4 bln euros for saving jobs ...

The European Commission on Monday presented proposals to the Council of the European Union (EU) to grant 81.4 billion ...

Dis-Chem’s mall-based stores struggle from Covid-19 as ...

Dis-Chem has reported a 344 percent surge in online sales between March and mid-August.

2 months ago | July 24, 2020

A great quarter for Wall Street comes at an awkward time

A bunch of Wall Street executives got together for dinner a decade ago while the US economy was in tatters. Their ...

Nigeria’s Tiffany Amber swaps couture for PPE

These days, things look a little different when Folake Akindele Coker gets to her office. “I arrive at 9am, all geared ...

SA hotel occupancies collapse to almost zero

It comes as no surprise that Statistics SA’s survey of tourism accommodation covering April and May found that the ...

Tesla pushes for more nickel mining

BEIJING. — Tesla Inc boss Elon Musk urged miners to produce more nickel, a key ingredient in the batteries that power ...

Without tourists, Asia’s vendors turn to Facebook

Bangkok’s sprawling open-air Chatuchak market is a shadow of its former self. Coronavirus has emptied its thousands of ...

Alibaba’s Ant could top Wall Street banks

Ant Group, an affiliate of Alibaba, announced plans for its long-awaited dual listing in Shanghai and Hong Kong on ...

3 months ago | July 3, 2020

Ex-Prasa CEO Montana’s property-buying spree scrutinised

The state capture commission of inquiry on Wednesday sought to understand the relationship between former Prasa CEO ...

Low Internet access drives inequality

Covid-19 and the Great Lockdown triggered a mass migration from analogue to digital and highlighted that access to the ...

Gold heads for biggest advance since 2016

Bullion has been rising due to a resurgence in virus infections, with new hot spots emerging and the World Health ...

Boeing keeps FAA in dark on changes to 737 MAX

WASHINGTON.  —   Boeing fell short of disclosing changes to a key flight control system, which faulted in two fatal ...

3 months ago | June 26, 2020

South African debts continue to rise

JOHANNESBURG. —  With South Africa’s debt levels continuing to rise, the supplementary budget Finance Minister Tito ...

IMF revises global economy forecast

The International Monetary Fund (IMF) on Wednesday revised down its forecast for the global economy amid mounting ...

Brexit still haunts UK stocks

UK equities have underperformed every year since the 2016 referendum, and have been a consensus underweight among money ...

Covid-19: A crisis like no other, an uncertain recovery

Global growth is projected at —4,9 percent in 2020, 1,9 percentage points below the April 2020 World Economic Outlook ...

3 months ago | June 23, 2020

Billions missing as payments provider Wirecard collapses in ...

In what could be one of the biggest financial frauds of recent years, German payments provider Wirecard on Monday ...

3 months ago | June 18, 2020

Brexit talks to enter ‘hot phase’ from September – German ...

Negotiations on the future relationship between Britain and the European Union will enter a hot phase from September, a ...

3 months ago | June 17, 2020

Africa Debt-Swap Plan Gains Momentum With G-20 Bank Interest

Bloomberg Three central banks from the Group of 20 developed nations have expressed interest in underwriting a ...