International

4 days 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 ...

2 weeks 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 ...

2 weeks 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 weeks 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 weeks 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 ...

3 weeks ago | June 15, 2020

U.S. Fed keeps interest rates near zero, sees no rate change ...

WASHINGTON — The U.S. Federal Reserve on Wednesday kept its benchmark interest rate unchanged at the record-low ...

4 weeks ago | June 12, 2020

South Africa in precarious position

There is a lot of talk about the role and the mandate of the SA Reserve Bank and emotions seem to rise when the economy ...

Pandemic has everyone ditching coal, except Asia

While coronavirus is accelerating the death of coal in developed nations, the dirtiest fossil fuel is alive and kicking ...

1 month ago | May 29, 2020

China-US rivalry threatens ‘second globalisation’

We do not know. But one result is evident: a marked further deterioration in relations between the two superpowers. This ...

2 months ago | April 23, 2020

World Economic Forum Africa holds inaugural virtual meeting

The World Economic Forum's Regional Action Group for Africa, yesterday held its inaugural (virtual) meeting for 2020 to ...

3 months ago | April 17, 2020

Stocks slide as economic realities bite

SINGAPORE. — Asia’s stock markets retreated from their highest levels for a month and the dollar extended gains on ...

3 months ago | April 14, 2020

Asia shares hit one-month high on Chinese trade data, easing ...

SYDNEY/SINGAPORE – Asian equities extended gains on Tuesday after China’s trade data came in better than expected ...

China in the driver’s seat amid calls for Africa debt relief

JOHANNESBURG/BEIJING/WASHINGTON – Support is growing for debt relief to help the world’s poorest, indebted nations ...

3 months ago | April 8, 2020

Dollar firms as virus worries return

SINGAPORE - The dollar found a footing on Wednesday as investors returned to safe-havens, reversing some risk currency ...