Fin24 Economy

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Updated: 56 min 55 sec ago

Fin24.com | Russia suffers as sanctions bite

Monday, 23 March 2015
The Russian economy is increasingly reeling under Western sanctions and is set to contract between 3.5% and 4% in 2015, with inflation the highest in 13 years.

Fin24.com | US multinationals suffer from strong dollar

Monday, 23 March 2015
The surging value of the US dollar may be posing a threat to US corporate earnings since the financial crisis, hurting results at most US-based multinationals.

Fin24.com | How Europe and US stumbled into spat

Monday, 23 March 2015
European governments have chosen to join a nascent, Chinese-led Asian Infrastructure Investment Bank in defiance of Washington's misgivings.

Fin24.com | UK exit from EU could hit GDP by 2.2% - study

Monday, 23 March 2015
Britain leaving the European Union could result in a permanent loss of 2.2% of the country's gross domestic product by 2030, says a think-tank.

Fin24.com | Electricity and petrol price increase no April Fool's joke

Monday, 23 March 2015
It won’t be an April Fool’s day joke next month when both petrol and electricity tariffs go up, directly affecting consumers' pockets.

Fin24.com | Big guns roll into the global currency war

Sunday, 22 March 2015
If 25 countries cutting rates since the start of the year wasn't proof enough, a warning about the dollar's strength confirmed that the top central banks are fighting a currency war.

Fin24.com | Eskom board wants to dump chairperson Tsotsi - report

Sunday, 22 March 2015
Eskom's chairperson faces the wrath of his board over terms of reference into the utility's inquiry, while allegations claim that he has been interfering in operations.

Fin24.com | SA and Nigeria must strive for more equal relations

Sunday, 22 March 2015
There should be as much opening up for Nigerian businesses in South Africa as there is in Nigeria for SA like MTN, says Nigerian vice-presidential candidate Yemi Osinbajo.

Fin24.com | SA farmers don't deserve to be murdered - minister

Sunday, 22 March 2015
Farmers deserve a thank you, not a murder, Agriculture Minister Senzeni Zokwana told AfriForum during a meeting around safety of farmers and people in rural areas.

Fin24.com | What Madiba told the Eskom chief

Sunday, 22 March 2015
In the dying days of apartheid, the head of Eskom sat down with Nelson Mandela and asked him: when you take office, what are you going to do with Eskom?

Fin24.com | S&P downgrades Nigeria citing falling oil prices, instability

Sunday, 22 March 2015
S&P's credit rating agency downgraded Nigeria by a notch to B+ from BB- citing falling oil prices and political instability just a week before key general elections.

Fin24.com | Eskom to implement stage 1 load shedding

Saturday, 21 March 2015
Eskom will implement stage 1 load shedding from 09:00, which is likely to continue until 22:00.

Fin24.com | Eskom downgrade a concern - Sacci

Friday, 20 March 2015
Eskom's downgrade to junk status by Standard and Poor's is of "grave concern", the SA Chamber of Commerce and Industry says.

Fin24.com | Japan, Aus signal approval of China-based AIIB

Friday, 20 March 2015
Japan has signalled cautious approval of the China-led Asian Infrastructure Investment Bank, if conditions were met, and could join despite US's warning.

Fin24.com | UK gives Zim $72m to help rural farmers

Friday, 20 March 2015
The UK has given Zimbabwe $72m to help increase food production by rural farmers over the next four years, as the country faces the prospect of poorer harvests due to inadequate rains.

Fin24.com | Black dollars scam victim 'shocked'

Friday, 20 March 2015
One of the victims in a so-called black dollar scam was shocked to find that three lock-up safes supposedly filled with US dollars instead contained black paper, a Cape Town court has heard.

Fin24.com | UK bankers to put wallets first in election

Friday, 20 March 2015
When it comes to politics, bankers tend to let their wallets guide their voting choices and next month's British national election will likely be no exception.

Fin24.com | Swiss to return $380m of Abacha's loot to Nigeria

Friday, 20 March 2015
Geneva's public prosecutor will send $380m confiscated from the family of Nigeria's former military ruler Sani Abacha to Nigeria and close a 16-year investigation into his funds.

Fin24.com | Worst to come for Zim as nature comes into play

Friday, 20 March 2015
With drought on the way and agricultural policy a failure, things can only get worse for the embattled Zimbabwean economy, says Malcom Sharara.

Fin24.com | Ramaphosa in marathon Eskom meeting with business

Friday, 20 March 2015
Deputy President Cyril Ramaphosa says Eskom War Room members and business leaders among others plan to hold a "very thorough conversation" throughout the day.

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