Saturday, 20 July 2019

Category: Markets

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Impact of Zimbabwe’s shift in monetary policy emerge – Confusion, scepticism and hope

Impact of Zimbabwe’s shift in monetary policy emerge – Confusion, scepticism and hope

Zimbabwean Finance Minister Mthuli Ncube this week gazetted the banning of the South African rand, US dollar and other foreign currencies for local transactions. The real impact o ...

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Zimbabwe introduces own currency, bans foreign currencies

Zimbabwe introduces own currency, bans foreign currencies

Zimbabwe President Emmerson Mnangagwa has defended the latest economic move in the country with the ban on use of foreign currencies as announced by the finance minister on Monday ...

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What SMEs should consider when applying for funding – SA

What SMEs should consider when applying for funding – SA

SMEs who are not adequately prepared when applying for credit often develop an incorrect assumption that banks are not open to lending. Valentine Jingura, Head of Pricing at FNB B ...

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South African rand falls to its lowest in 2019

South African rand falls to its lowest in 2019

South Africa’s rand fell early on Thursday to its lowest this year. This comes as a dispute within the ruling African National Congress over the central bank weakened demand. At 0 ...

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Mr Price shares rocket as sales exceed R20 billion

Mr Price shares rocket as sales exceed R20 billion

Mr Price's share price gained as much as 11.91 percent on Friday after the retailer announced that its sales exceeded R20 billion for the first time in the year to the end of Marc ...

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SA retail sales up by 1.1%

SA retail sales up by 1.1%

South African retail sales rose 1.1 percent year on year in February after rising by 1.2 percent in January, Statistics South Africa said on Wednesday. On a month-on-month basis, ...

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South Africa announces load shedding until August

South Africa announces load shedding until August

Gordhan, Eskom CEO Phakamani Hadebe and board chairman Jabu Mabuza briefed the media on Wednesday on the progress of the power grids stability. Gordhan said the challenges facing ...

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South Africa hit by more blackouts

South Africa hit by more blackouts

South African state utility Eskom stepped up blackouts on Saturday as it lost 900 megawatts of electricity imports from neighbouring Mozambique, which was hit this week by a cyclo ...

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Massmart 2018 earnings down nearly 32%

Massmart 2018 earnings down nearly 32%

Massmart, which owns local brands such as Game, Makro, Builder’s Warehouse and CBW, said the combination of low sales growth and higher expense growth caused group trading profit ...

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5 rewards of using digital advertising as a start-up

5 rewards of using digital advertising as a start-up

Digital advertising is growing and the revenue of digital ads is expanding every year hugely as mobile has recently taken over with more number of people surfing from mobile itsel ...

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