- Current Affairs
Updated: 1 day 8 hours ago
Top US corporations are cutting back on sponsorship of the Republican national convention in Cleveland, as Donald Trump promises a level of controversy rarely seen.
African governments could curtail foreign-currency bond sales because US policy tightening may make it pricier to pay back those debts, says the African Development Bank.
More than 41.4 million in the Southern African Development Community are food insecure and about half of them need urgent help after the worst regional drought in 35 years.
Leaving the EU would trigger a recession and set economic growth back by 6% by 2020, a report from the Economist Intelligence Unit has revealed.
China's bank lending rebounded strongly in May, following a sharp fall in April as borrowers continued to take advantage of loosened lending standards.
An IMF team has arrived in Mozambique to try to find a way out of a debt crisis that is crippling the economy of one of the world's poorest countries.
Federal Reserve chair Janet Yellen says next week’s Brexit referendum was a factor in the US central bank’s decision to hold interest rates steady.
Nigeria's government will loan its states a total of $453m in its latest effort to augment their monthly income and ease strain caused by plunging oil revenues.
Deputy President Cyril Ramaphosa says SA has to thank the militant labour unions, as well as big business, for the country not being downgraded to junk status.
Despite shrinking consumer spending in the past couple of months, total motor trade sales climbed by 9% year-on-year in April 2016, according to StatsSA.
Retail sales increased marginally by 1.5% in April 2016 compared to the same period last year, StatsSA’s most recent retail trade data shows.
The UK labour market has showed signs of resilience in the face of the referendum on European Union membership as unemployment unexpectedly fell.
The independence of UK multinationals could be at risk if the pound collapses after a vote for Brexit. Shares denominated in pounds would suddenly look cheap.
Wholesale trade sales increased by 5.7% in April 2016 compared with April 2015, Statistics SA has announced.
State-funded infrastructure spending offers the easiest and most realistic means for SA to achieve an inclusive economic recovery, says Overberg Asset Management.
While SA is among the top 30 countries professional migrants like to move to, it is also among the top 30 countries they are rushing from, shows a report.
Deputy President Cyril Ramaphosa has called for a rejuvenation of the labour movement within the governing alliance.
The SA Reserve Bank will likely begin raising interest rates again, owing to a growing current account deficit, declining growth and a weak currency, analysts predict.
The rand has weakened sharply against the dollar, after the first-quarter current account deficit widened to 5% from a revised 4.6% in the fourth quarter of last year.
Provisions in new laws that will see people found guilty of cartel conduct being fined up to R500 000 or imprisoned for up to 10 years have come into effect.