Monday, 19 February 2018

Category: Markets

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SA Reserve bank will not place Capitec under curatorship

SA Reserve bank will not place Capitec under curatorship

The South African Reserve Bank (SARB) refused Viceroy Research's invitation to place Capitec under curatorship saying the bank “meets all prudential requirements.” Earlier in the ...

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Rand breaks R12 to the dollar for first time since 2015

Rand breaks R12 to the dollar for first time since 2015

South Africa’s rand transacted below 12 per dollar on Wednesday for the first time since May 2015, extending a rally sparked by an improving domestic political environment and sup ...

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Zimbabwe to strengthen currency relaunch with reserves

Zimbabwe to strengthen currency relaunch with reserves

Zimbabwe’s new president, Emmerson Mnangagwa, said his government is considering building reserves of gold and diamonds to back the eventual relaunch of the country’s own currency ...

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Five African countries part of $5 billion commitment

Five African countries part of $5 billion commitment

The International Solar Alliance (ISA) revealed at The World Future Energy Summit (WFES), in Dubai at the beginning of 2018, that it has signed letters of intent which will see th ...

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Zimbabwe’s economic revival, new leader, new democracy – An exciting read

Zimbabwe’s economic revival, new leader, new democracy – An exciting read

Zimbabwe’s new president, Emmerson Mnangagwa, has a plan to revive one of the world’s worst-performing economies and end its isolation: pay compensation to white farmers whose lan ...

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AfDB makes a fascinating case for Africa’s economic growth

AfDB makes a fascinating case for Africa’s economic growth

The President of the African Development Bank, Akinwumi Adesina, has made a convincing case for fast-tracking Africa’s industrialization in order to create jobs, reduce poverty an ...

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What is Bitcoin?

What is Bitcoin?

Bitcoin has hit the mainstream over the last few months as the decentralised digital currency continues to hit outlandish heights. It pushed past the $10,000 mark for the first ti ...

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Fuel prices to fall again in February in South Africa

Fuel prices to fall again in February in South Africa

South Africa’s hard-pressed motorists can look forward to a bit more light relief on the first Wednesday in February, with fuel prices set to drop again, says the Automobile Assoc ...

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Political influence on South Africa’s economy

Political influence on South Africa’s economy

SA's economic insecurity arising from what might or might not happen in political point view will have a key influence in South Africa's property market in 2018, says Paul Stevens ...

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Lesotho mine discovers massive 100 carat diamonds

Lesotho mine discovers massive 100 carat diamonds

London-listed Gem Diamonds said yesterday it had recovered two large diamonds. The company said it had recovered high quality 117 and 110carat, D colour Type IIa diamonds from the ...

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