Strong dollar, weak UK consumer sentiment and German producer prices, which saw their highest ever increases in July, weigh on European stocks
The UK’s monetary policy committee is hardly on top of the situation when inflation is running at more than five times its 2% target
The finance minister says the allegations are ‘fashioned to achieve narrow and selfish political ends’
The US has the highest number of monkeypox cases globally, accounting for almost a third of the world’s infections
Spending allocations to increase to R812bn for the next three years, says finance minister
Food Safety Agency tells retailers and food producers it will seize vegan products with names that it says are for meat
EVs charge their own batteries when renewable energy is ripe — typically midday — and then discharge some of that electricity when power demand is high and renewable generation is low
England captain leads fight back but Jansen and Maharaj put on 72 for seventh wicket to put SA in control
William Ruto wins Kenya’s election, the Marikana massacre commemorated, India celebrates 75 years of independence, protests in Cape Town, and more
As SA remains saddled with stage 4 and stage 6 load-shedding, high-level interventions are under way to ensure workers who have started to return after having embarked on an illegal and violent strike at Eskom will be satisfied with a revised wage offer expected to be tabled on Friday.
Business Day can confirm President Cyril Ramaphosa intervened on Tuesday to resolve the impasse in wage talks. This was after Eskom announced that sabotage and intimidation by striking workers resulted in a 90% stayaway at many power plants, which forced it to implement stage 6 load-shedding for the first time since 2019...
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