Monday, 24 June 2019

Category: Markets

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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 Bu ...

  • 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 08 ...

  • 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 March ...

  • 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, s ...

Money matters – Insight into Zimbabwe’s budget with Zororo

Money matters – Insight into Zimbabwe’s budget with Zororo

Confused about the economy? Want to understand the budget? Take six minutes and watch Point of View with Zororo Makamba explain Finance Minister Mthuli Ncube's budget, including w ...

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Africa-China trade reaches $230 billion

Africa-China trade reaches $230 billion

Over the past decade China’s trade with Africa increased from $100 billion (R1.4 trillion) in 2007 to $230 billion by the end of 2017. While much of this trade has been dominated ...

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Government VIPs get pay cuts as Zimbabwe looks for fiscal stability

Government VIPs get pay cuts as Zimbabwe looks for fiscal stability

It was meant to be finance minister Professor Mthuli Ncube’s chance to win the trust of the Zimbabwean public and business sector, as he tried to stir the country's economy in a p ...

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Pioneer Foods revenue up three percent

Pioneer Foods revenue up three percent

Packaged goods company Pioneer Foods on Monday reported a three percent increase to R20.2 billion in revenue for the year ended September 30, while volumes were up four percent, i ...

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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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