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
This has been more than another year marred by Covid-19. Not coincidentally, it has also been a year of much higher inflation rates across the developed world. The stimulus provided by huge injections of money and government spending has meant strong demand for all goods and higher prices have followed.
The SA economy, however, has not had the benefit of more money (bank deposits) created or bank credit supplied. Fiscal deficits in 2021 have even declined rather than increased. Our inflation rate, accordingly, has remained subdued and fallen below that of the US. And while we did little to help ourselves through the Covid-19 crisis — other than to lower interest rates — with little effect on additional spending, the stimulus provided globally and the inflation that followed, including the inflation of the prices of metals and minerals, was the saving grace of 2021...
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