Underwhelming Chinese activity data knock sentiment
Support for legislation enabling unexplained wealth to be probed is to be welcomed
The social development department was allocated a R44bn budget that can only accommodate 10.5-million SRD beneficiaries until end-March 2023
Provincial chair elect indicates he will support Ramaphosa’s re-election as ANC president
The company says current CFO Diarmuid Kelly will take 12 months’ paternity leave from September 22
Consumer finances crumble under the pressure of rising prices and interest rates, Unisa vulnerability report shows
Some in the industry believe a ban on the export of scrap will mean a more competitive steel industry, with lower prices passed on to consumers
‘If now the world does not show strength and decisiveness to defend one nuclear power station, it will mean that the world has lost,’ Volodymyr Zelensky says
Veteran seamer believes he still has plenty to offer despite turning 40
Wind-cheating design packs 525kW and 753Nm from a twin-turbo V12 engine
While a downgrade to junk for SA’s sovereign debt rating in 2020 is already priced into markets, knock-on effects such as higher inflation and lower local returns from a stagnant economy will erode investor wealth. As a result, capital will continue to flow offshore.
"While SA will present opportunities when the economy settles and some funds flow back into the country, at the moment offshore markets offer better risk-adjusted returns," says Stonewood Capital director Eldon Beinart...
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