rand strengthens slightly after dropping to its weakest level in 8 months - Rand strengthens slightly after dropping to its weakest level in 8-months
Business News

Rand strengthens slightly after dropping to its weakest level in 8-months

Rand notes and coins

The rand continues to trade at its slightly stronger level against a basket of major currencies in mid-morning JSE trade, after having weakened to its weakest level in eight months to above R15 to the dollar just a week ago.

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us accuses north korea of breaching un fuel cap - US accuses North Korea of breaching UN fuel cap
Business News

US accuses North Korea of breaching UN fuel cap

Kim Jong Un and President Donald Trump

The United States is accusing North Korea of breaching a UN-imposed ceiling on fuel imports by carrying out dozens of ship-to-ship transfers this year, according to a report obtained by AFP on Wednesday.

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facebook says ceo did not ignore personal data issues - Facebook says CEO did not ignore personal data issues
Business News

Facebook says CEO did not ignore personal data issues

Facebook logo

Facebook CEO Mark Zuckerberg did not knowingly violate an agreement with the regulator supervising the company’s management of users’ personal data, the social media giant said on Wednesday.

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leaders in clothing textile discuss ways to boost ailing sector - Leaders in clothing, textile discuss ways to boost ailing sector
Business News

Leaders in clothing, textile discuss ways to boost ailing sector

Leaders in the Clothing and Textile industry are gathering in Cape Town for a four-day conference.
It’s aimed at finding ways to boost the ailing sector that has shed thousands of jobs due to cheap imports that have crippled it.

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mbalula hints at possible scrapping of e tolls - Mbalula hints at possible scrapping of e-tolls
Business News

Mbalula hints at possible scrapping of e-tolls

Transport Minister Fikile Mbalula has hinted at the possibility of e-tolls being scrapped, saying various stakeholders will soon discuss the impact of the controversial saga.

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ethiopias economy expected to grow at 9 in 2019 2020 financial year - Ethiopia’s economy expected to grow at 9% in 2019/2020 financial year
Business News

Ethiopia’s economy expected to grow at 9% in 2019/2020 financial year

Finance Minister Ahmed Shide

Ethiopia’s economy is expected to grow at 9% in 2019/2020 financial year according to Finance Minister Ahmed Shide, more than 1.5% higher than the International Monetary Fund’s growth projection of 7.7%.

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weak retail sales numbers expected - Weak retail sales numbers expected
Business News

Weak retail sales numbers expected

Shoppers

Analysts expect to see a weak retail sales numbers as Statistics South Africa prepares to release the April retail trade sales figures on Wednesday.

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south africas manufacturing up 4 6 - South Africa’s manufacturing up 4.6%
Business News

South Africa’s manufacturing up 4.6%

Woman working

 South Africa’s manufacturing output hit its highest in two years, rising 4.6% year-on-year in April after increasing by a revised 1.3% in March, the statistics agency said on Tuesday.

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deloitte auditor to testify about transnet at the state capture inquiry - Deloitte auditor to testify about Transnet at the State Capture Inquiry
Business News

Deloitte auditor to testify about Transnet at the State Capture Inquiry

State Capture Inquiry chairs

An auditor of auditing firm Deloitte will take the stand at the Commission of Inquiry into State Capture on Tuesday to testify about Transnet.

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