Business

Business

Fitch downgrades SA further into junk in another blow for local markets

Rand crashes through R19/$ and is down more than 18% in the past month

Business

Rand reaches R19/$ in longest weekly losing streak in 14 years

The local currency was down 6.85% for the week, making this its longest losing streak since 2006

Business

Reserve Bank weighs up ways to help SA banks

It is also considering lowering the specified minimum requirement of capital and reserve funds to be maintained by banks

Business

Famous Brands eyes online sales as virus hits ...

Group says it is focusing on online offerings and improving hygiene as restaurants reel from panemic restrictions
Business

Standard Bank offers relief to small and medium ...

Standard Bank has offered its small and medium business customers a three-month debt holiday during the uncertain times caused by Covid-19.
Business

What the 100bps interest rate cut means for you

If you have a home or car loan, the interest rate cut may put extra rands in your pocket, but experts say paying your ...

Business

Knysna ward councillor and wife in self-quarantine after testing positive for Covid-19

A Knysna ward councillor and his wife have tested positive for the coronavirus after an overseas trip

Business

Panicked rand breaches R17/$ as investors await Reserve Bank decision

On closing basis the currency is set for a record low against the US currency, which is benefiting from flight to safety

Business

Businesses on edge over coronavirus threat

The World Health Organisation declared COVID-19 a pandemic earlier this week, and while a group of small and medium ...

Business

Act now or face a bloodbath, Wall Street urges governments as virus hits markets

Analysts call for central banks to cut rates and offer to buy risky assets

Business

Capitec’s profit growth undented by competition and recession

Bank expects earnings to increase at least 18%, while some its rivals have suffered setbacks

Business

Downgrade in March more likely after Moody’s cuts SA growth forecast

Decision to lower growth projection to just 0.4% is negative for the ratings outlook, said PwC economist Christie ...

Business

EU urges banks to lend to businesses in face of coronavirus

SMEs expected to struggle to stay afloat as they experience cash-flow problems

Business

Coronavirus gives hospitality industry the jitters

Travel and big events look set to slow down as virus takes its toll

Business

How to empower women entrepreneurs to grow Africa

On International Women’s Day, let's commit to boosting the growth of women business leaders

Business

Investments bonanza on cards for Kouga

Kouga mayor Horatio Hendricks has announced that billions of rand worth of investments will be pouring into the ...

Business

Nigeria’s economy is tied to China’s health; enter the coronavirus

China accounts for about a quarter of Nigerian imports, but Nigeria’s first coronavirus case wiped some 300-billion ...

Business

World economy watches and waits for China’s great reboot

Wait-and-see approach is being fed by government statistics indicating that the epidemic itself is being brought under ...

Business

Exports may be affected if US changes SA’s status

US president Donald Trump’s goal of trimming the list of developing and least developed countries with preferential ...

Business

Nothing new in Mboweni's budget — BKCOB

Finance minister Tito Mboweni opened his budget address with a quote from ancient Greece philosopher Pliny the Elder: ...

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