Concerns that the Fed will have to wrestle with elevated inflation for a long time slowed this week’s rally
In energy matters, the government appears enslaved by ‘first world’ norms and standards
The accused were arrested as part of a Hawks operation to nab alleged instigators who incited public violence during looting and destruction in 2021
Nedbank failed to comply with certain provisions the Financial Intelligence Centre Act
Mudiwa Gavaza is joined by Larry Masson, a financial adviser and franchise principal at Consult by Momentum.
Parent company London-listed Pearson Plc said the disposal was part of a strategic review.
US attorney-general Merrick Garland has asked a judge to unseal the search warrant for Trump’s home
Top swimmers have a rivalry that could develop into one of SA sport’s greatestt
Rushdie’s condition is not immediately known
The rand headed towards R15/$ for the first time in three weeks on Monday as pressure mounted on finance minister Nhlanhla Nene to quit after admitting to meeting the controversial Gupta family.
Nene was giving testimony at the commission of inquiry into state capture last week.
Business Day reported on Monday that Nene had asked President Cyril Ramaphosa to relieve him of his duties following the public outcry after his Zondo commission testimony.
“With medium-term budget speech just around the corner, the timing is not ideal. We need stability in order to sort out the ailing fiscus,” said Wichard Cilliers, head of dealing and director at TreasuryOne.
“The ANC is very much still reeling from the maladministration caused by our previous president. The ANC has still got plenty of work ahead of them.”
The rand and local bonds also bore the brunt of a strong dollar, which stood tall against virtually every other currency.
Upbeat US economic data is fuelling the expectation that the US ...
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