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
Parent company London-listed Pearson Plc said the disposal was part of a strategic review.
Mudiwa Gavaza is joined by Larry Masson, a financial adviser and franchise principal at Consult by Momentum.
Rushdie’s condition is not immediately known
Top swimmers have a rivalry that could develop into one of SA sport’s greatestt
A perfect storm occurs when everything goes wrong at once with the weather. Similarly, SA’s current economic malaise arises from an unusual collision of international and domestic policy uncertainties and economic trends. Effective responses have to deal with this complex situation. It won’t help to fall back on the more usual approach of blaming everything on domestic policy shortfalls, frequently with a view to justifying longstanding conventional policy demands.
In the first quarter of 2019, SA’s GDP fell 0.8%; investment 1.1%; and exports 2%. Employment dropped 1.4%, or 240,000 jobs. In contrast, from 2008-2018 the seasonal job loss in the first quarter averaged only 0.1%. Meanwhile, in the fourth quarter of 2018 — the most recent data available — SA lost R35bn in net portfolio outflows, marking only the second net outflow since the 2008 global financial crisis...
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