Monday, 19 November 2018

Category: Markets

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AfDB to evade Africa’s finance gap amid investment drives

AfDB to evade Africa’s finance gap amid investment drives

The African Development Bank (AfDB) said on Monday that it wanted to facilitate investment drives to plug the urgent need to bridge the gap between Africa's available capital and ...

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Black Friday – what you need to know

Black Friday – what you need to know

Although traditionally a US phenomenon, Black Friday has become increasingly popular in other countries over the past six years. The earliest evidence of the phrase Black Friday a ...

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Richard Branson steps down as chairman of Virgin Hyperloop

Richard Branson steps down as chairman of Virgin Hyperloop

Richard Branson is quitting as chairman of Virgin Hyperloop One, saying the company, that plans to build a supersonic transport system in the United Arab Emirates and other countr ...

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Currency traders are a security threat – Zimbabwe

Currency traders are a security threat – Zimbabwe

Zimbabwean President, Emerson Mnangagwa, has described parallel market currency dealers as a national security threat. He warned that his administration will take drastic measures ...

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Commercial bank of Ethiopia woos diaspora with mortgage loans

Commercial bank of Ethiopia woos diaspora with mortgage loans

The Commercial Bank of Ethiopia, CBE, has announced plans to woo nationals in the diaspora with mortgage loans. The bank in a statement issued on Friday said, the persons targeted ...

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Germany sees biggest wine harvest since 1999

Germany sees biggest wine harvest since 1999

An industry group says German winemakers are on track for their biggest grape harvest in nearly 20 years after a long, hot summer that shriveled many other farmers' crops. The Ger ...

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Rand hits almost R15 amid Nhlanhla Nene resigning request

Rand hits almost R15 amid Nhlanhla Nene resigning request

The rand was trading at R14. 96 to the dollar at 09:00 as news broke that Minister Nene asked President Ramaphosa to be let go as Finance Minister. The rand was trading at R14.80 ...

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Reserve Bank of Zimbabwe to address prices, forex shortages 

Reserve Bank of Zimbabwe to address prices, forex shortages 

The monetary policy to be announced by Reserve Bank of Zimbabwe (RBZ) Governor Dr John Mangudya today is expected to give solutions to prices that have been going up and announce ...

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South African recession is temporary – Ramaphosa

South African recession is temporary – Ramaphosa

South Africa’s slide into recession is a “transitional issue” from which the economy will soon recover, President Cyril Ramaphosa said in comments published on Thursday, repeating ...

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Sea Harvest anticipates lower earnings

Sea Harvest anticipates lower earnings

JSE-listed and vertically integrated fishing company Sea Harvest expects its interim basic earnings a share to decline by at least 31 percent as it absorbs the costs related to ac ...

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