On paper, Anglogold's had the worst year among listed gold companies, but a ruthless handle on costs and a mine-by-mine review should start to pay off
Chinese companies are the big winners in brand values ranking
It’s ‘highly unusual’ for such farms to have $4m cash on hand
An FM survey shows that even the prices of basic foods has rocketed more than 20% in a year, putting SA’s already-tenuous social stability at risk. But hiking grants, while a temporary relief, won’t ...
A new book asks why certain cities became the epicentre of the world at a specific point — and speculates which ones might lead in the future
If the radical economic transformation (RET) faction of the ANC ever needed a real-time lesson in what happens when you play politics with monetary policy, this week’s collapse in the Turkish lira is a handy how-not-to guide. Its new central banker, Sahap Kavcioglu, is an ideological match made in heaven for President Recep Tayyip Erdogan who believes, against convention, that high interest rates are the cause of inflation, and not the remedy for it.
It is why Erdogan sacked his former bank chief, the well-regarded Naci Agbal, who had hiked rates to 19% to rein in Turkey’s rampant inflation, now at 16%. The Turkish lira, predictably, slumped 14% on Monday, while Turkey’s stock exchange lost a tenth of its value...
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