Dollar supply has dried up ahead of Tuesday’s election in the east African nation
The SA workforce should look like the people who live in the country, not an enclave of a sensitive minority
KZN finance MEC Nomusa Dube-Ncube will replace Sihle Zikalala as premier, making her the first woman premier for the province
The deal, said to be valued at €600m, comes as global fertiliser prices are sky-high due to worries that the conflict between major exporters Russia and Ukraine could lead to food shortages
The ECB plans to rejig its corporate bond portfolio to favour issuers that pollute less.
Transnet, Telkom and Eskom estimate that thieves and vandals cost them a total of R7bn a year due to metal theft
Cuban officials are accepting international support in their fight to contain a massive fire at a fuel depot that has left at least 77 injured, 17 missing and sparked a mass evacuation from the area.
Every time All Black coach Ian Foster fronts the media, he presents it with denial, not truth and honest appraisal
The interior designer on timeless style and a feminine design sensibility
The rand held steady against the dollar on Monday morning, a day after President Cyril Ramaphosa tested positive for Covid-19, indicating the high transmissibility of the Omicron variant.
The accompanying rates of hospital admissions and deaths have been low, suggesting that stricter lockdown measures are unlikely in the short term.
The national coronavirus command council is expected map out the way forward this week following the surge in cases in the economic heartland of Gauteng in particular.
The rand was steady at R15.95/$ in early trade, while the JSE was poised to ride positive momentum from Asia, where Hong Kong’s Hang Seng and Japan’s Nikkei 225 rose 1% and 0.87%, respectively.
US stock futures pointed to a higher opening on Wall Street, which is hovering near record levels across the main stock market indices.
The US Federal Reserve’s policy meeting on Wednesday is the main highlight of the week. The Fed is likely to prepare the ground for the potential increases in interest rates by announcing an acceleration in the pace at which it is winding down its huge bond-buying programme.
US consumer inflation grew at an annual rate of 6.8% in November, the highest since 1982, data showed on Friday.
Brent crude was up 2.76% to $76.08 per barrel in early trade, boding well for JSE-listed Sasol and MTN, the two stocks that are sensitive the movement in oil prices.
Platinum was up 1% to 955.50/oz while palladium rose 1.27% to $1,781.50/oz.
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Published by Arena Holdings and distributed with the Financial Mail on the last Thursday of every month except December and January.