Concerns that the Fed will have to wrestle with elevated inflation for a long time slowed this week’s rally
Given the prospect of a new governing coalition taking the reins in 2024, they should get to work on formulating a stance
The state-owned ports operator is seeks private investment to expand Durban and Ngqura port facilities
The ruling party gathering hit by litigation and a breach of security allegedly leading to the cloning of delegates’ tags
The firm is looking to reduce volatility for investors, but adds that being listed on the JSE no longer enhances access to capital
Consumer finances crumble under the pressure of rising prices and interest rates, Unisa vulnerability report shows
Group homes in on home deliveries trend and hopes to supply electricity to Eskom
GOP questions FBI’s actions after search warrant shows motive was possible Espionage Act violations
Reece James seemed to have sealed the points for the hosts with a 77th-minute goal, but the striker scored in stoppage time
Rushdie’s condition is not immediately known
When former finance minister Tito Mboweni asked last week “why we cannot even produce a waslap in SA”, lamenting the proliferation of Pakistani-made face towels in his neighbourhood, it was a familiar yet revealing cry. He assumed he did not find an SA-made waslap in store because we don’t make them here. Yet we do make face towels — in Hammarsdale for instance, not far from where more than 1,000 workers were retrenched from poultry operations in 2017.
My guess is that the towels produced there command a significantly higher price than those Mboweni found in his local store. And the mixed frozen chicken portions from Hammarsdale probably cost more in the nearby township of Mpumalanga than those found in the frozen boxes that arrive via SA’s harbours...
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