UK inflation data and New Zealand rate hike remind investors that global economy still faces many challenges
Firm offers from Rain and Toto, should they arrive at all, are probably little more than distractions and lacking in transparency
Agriculture department warns use of meat-related terms breach regulations
The governing party is discussing whether those criminally convicted of a serious crime should still have a home in the ANC
German traffic police are investigating the cause of the incident, which police say involved an autonomous vehicle
This is the steepest fall in retail activity since January 2021, showing the effects of higher inflation and interest rates
A reader asks which is better: the government’s low-cost retail bonds, or a listed bond ETF?
New Zealand Rugby sticks with him and appoints strategist Joe Schmidt to support him
It seems a bit rude to deliver bad news while many of you are still merrily finishing off your leftover Christmas pudding. But it has to be done. It is possible that our country will be more prosperous and stable in 2020 than it was in 2019. It’s possible, but it’s unlikely. What is most likely to happen is that 2020 will be worse than the past year. It will mark the rock bottom of the age of decline that started in 2008.
That’s saying something, because 2019 is a very low bar to measure ourselves against. The momentum of our country’s downward spiral was still going strong in 2019. Few things worked. The economy faltered. Unemployment got worse. Our state-owned enterprises (SOEs) fell like ninepins. State spending remained huge as ministers bought themselves fancy cars or invented new tricks — such as claiming fictional car breakdowns — to milk taxpayers. Municipalities teetered on the brink of collapse. Disgraced politicians were rewarded with parliamentary committee chairs....
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