Rand slumps to new low this year after central bank’s dovish hike
An interest-rate increase by South Africa’s central bank provided little support for the rand, which fell ...
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Tag: africa news
SA Govt pension fund freezes R70 billion mandate with PIC
The Government Employees Pension Fund, Africa’s biggest pension fund, said it may take as long as ...
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Zimbabwe’s wealthy family plans Tongaat Hulett takeover
Zimbabwe’s Rudland family could take over one of Southern Africa’s biggest sugar producers, Tongaat Hulett, by ...
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SARB hikes the repo rate to 3.75%
The SA Reserve Bank has raised the repo rate by 25 basis points, to 3.75%. This ...
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Distell to disappear from the JSE
It’s sad that Distell Group will disappear from the JSE within the next few months following ...
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Sasria claims from SA July unrest hit R32 billion
The insurance claims by over 14 000 businesses affected by the July lootings stand at R32 ...
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Deloitte Africa appoints first female CEO
Deloitte Africa CEO Lwazi Bam will step down after ten years in May 2022. The accounting giant ...
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Can we expect an interest rate hike in November?
Interest rates in South Africa are poised for lift-off, but the South African Reserve Bank (Sarb) ...
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Tanzania imposes 10-year tenure limit on bank CEOs
Tanzania's central bank has placed a 10-year limit on the tenure of chief executives officers of ...
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SA wants to sell Eskom’s coal-fired power plants, Godongwana says
Key South African government ministers have reached a broad agreement to sell some of the state ...
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