Africa Finance Corporation’s Total Assets Grow by 20% to US$7.36 Billion...
LAGOS, Nigeria--(BUSINESS WIRE/AETOSWire)-- Africa Finance Corporation, one of Africa’s biggest investors in infrastructure development, has delivered a 20% growth in total assets during the...
National pension reform: Protecting the funds from state capture
When the Department of Social Development proposed a national contributory pension fund, the outcry was immediate: the state cannot be trusted with our money.
But...
The importance of tourism and investment: Why you should be an...
The vast natural beauty, year-round warm climate and enticing facilities of the KZN South Coast combine to create a region that is poised for...
Tourism sector shows signs of recovery
Cabinet has commended recent statistics which show that the tourism sector is slowly but surely recovering from the devastating effects of the COVID-19 pandemic.
According...
Is the UK Labour Market Cool Enough for the BoE?
The UK labour market is cooling, showing an increase in claims from claimants. In addition, wage growth is slowing. The data provided further evidence...
America is stockpiling oil, but prices are stuck
America continues to build up its oil reserves, albeit at a relatively slow pace and from a low base. Last week, commercial oil inventories...
Economic indicators for 10 May 2017 (07:00)
Below are the economic indicators for 10 May 2017 as at 07:00
(Values in parentheses indicates previous closing values.)
Rand / US Dollar R13.60 (R13.64)
Rand /...
Government notes Moody’s credit rating
Government says it has noted Moody’s decision to downgrade South Africa’ long-term foreign and local currency debt ratings to ‘Baa3’ from ‘Baa2’.
The rating agency...
Reserve Bank cuts repo rate
In a rather unexpected move, the Reserve Bank cut the lending rate of money by 25 basis points to 6.75%.
This is the first adjustment...
Economic indicators for 13 September 2017 (07:00)
Below are the economic indicators for 13 September 2017 as at 07:00
(Values in parentheses indicates previous closing values.)
Rand / US Dollar R12.98 (R12.97)
Rand /...
Petrol price to rise in October
The petrol price will rise by between 25 and 29 cents this week, the Energy Department announced on Monday.
A litre of 93 (ULP and...
Economic indicators for 18 October 2017 (07:00)
Below are the economic indicators for 18 October 2017 as at 07:00
(Values in parentheses indicates previous closing values.)
Rand / US dollar R13.39 (R13.33)
Rand /...
