dollar set for best weekly gain in two months on galvanising forces - Dollar set for best weekly gain in two months on `galvanising’ forces
Business News

Dollar set for best weekly gain in two months on `galvanising’ forces

The US dollar rose on Friday and is on track for its biggest weekly gain in two weeks as dissipating geopolitical tension prompted investors to buy riskier currencies, while the Japanese yen and the Swiss franc gave up all their recent gains.

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leaders should speak with one voice when dealing with the eskom crisis sexwale - Leaders should speak with one voice when dealing with the Eskom crisis – Sexwale
Business News

Leaders should speak with one voice when dealing with the Eskom crisis – Sexwale

Businessman Tokyo Sexwale says it is important for leaders to speak with one voice when dealing with issues such as the crisis at Eskom.

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world banks new forecast for sas economic growth is sad tragic and regrettable - ‘World Bank’s new forecast for SA’s economic growth is sad, tragic and regrettable’
Business News

‘World Bank’s new forecast for SA’s economic growth is sad, tragic and regrettable’

Hundred notes

Former Business Leadership of South Africa chief executive officer Bonang Mohale has described the World Bank’s new forecast for South Africa’s economic growth as sad, tragic and regrettable. This after the World Bank’s decision to cut South Africa’s economic outlook to below 1% for 2020 due to electricity concerns. The bank now forecasts the growth at […]

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economists warns that world banks forecast for sa economy might be too optimistic 840x480 - Economists warns that World Bank’s forecast for SA Economy might be too optimistic
Business News

Economists warns that World Bank’s forecast for SA Economy might be too optimistic

World Bank

Some economists have warned that the World Bank’s new forecast for South Africa’s economic growth might be too optimistic for the country to realise.

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chinas bid to challenge boeing and airbus falters - China’s bid to challenge Boeing and Airbus falters
Business News

China’s bid to challenge Boeing and Airbus falters

Development of China’s C919 single-aisle plane, already at least five years behind schedule, is going slower than expected, a dozen people familiar with the programme told Reuters, as the state-owned Commercial Aircraft Corporation (COMAC) struggles with a range of technical issues that have severely restricted test flights.

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unforeseen circumstances resulted in renewed power cuts presidency - Unforeseen circumstances resulted in renewed power cuts: Presidency
Business News

Unforeseen circumstances resulted in renewed power cuts: Presidency

President Cyril Ramaphosa has refused to apportion blame after the return of load shedding – saying unforeseen circumstances resulted in renewed power cuts, despite his assurance that there would be no load shedding before January 13.

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world bank revises sas growth to 0 9 - World Bank revises SA’s growth to 0.9%
Business News

World Bank revises SA’s growth to 0.9%

The World Bank has cut economic growth for South Africa to below 1% for 2020 due to electricity supply concerns, among other things. The bank now forecasts the country’s growth at 0.9%.

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