- Current Affairs
Updated: 1 day 7 hours ago
The South African Reserve Bank says it will tolerate temporary breaches of its 3% to 6% inflation target to smooth out short-term fluctuations in economic growth.
The deeper the slump, economists used to say, the stronger the recovery. They don’t say that anymore.
Denel has fired its suspended CEO Riaz Saloojee without being found guilty of any misconduct, Netwerk24/Rapport has revealed.
Eskom says it will not increase the price it pays for Gupta-owned Optimum's coal in order to promote black economic empowerment.
The SA Reserve Bank remains entangled in a very different policy dilemma of stagflation, according to an asset management review.
World finance ministers have pledged to boost growth at IMF and World Bank Spring Meetings tainted by lingering worries about the dragging global economy crisis.
The world's leading economies have embraced a new crackdown on tax havens and the use of shell companies to hide money.
A persistent breach of Sarb’s inflation target will require a policy response even as SA’s economic growth outlook weakens, says deputy governor Daniel Mminele.
French minister repeats government's commitment to plans by state-owned company EDF to build a controversial next-generation nuclear plant in Britain.
Cuban President Raul Castro has rejected rapid privatisation and vowed never to pursue "shock therapy", setting the tone for a Communist Party congress.
The new multilateral lender set up by the Brics nations has approved its first set of loans valued at $811m for renewable energy projects.
Oil producers have gathered in Qatar to negotiate an output freeze, but a lingering dispute between Saudi Arabia and Iran threatens to overshadow talks.
The International Monetary Fund has reached a staff-level agreement to assist Tunisia with a four-year loan programme worth about $2.8bn.
Zimbabwe has recorded a trade surplus against South Africa for the first time in many years after the beleaguered nation imported less that it exported.
Headline inflation of 6.5% is forecast for March - down from 7% in February, says emerging markets economist Peter Attard Montalto of Nomura.
Maize farmers are confident they will increase investment despite the worst drought in 100 years and state policies that created uncertainty over their land.
Cocoa exporters and grinders in Ivory Coast are withholding financing from suppliers amid a dispute over the pricing of mid-crop beans, threatening farmers' incomes.
Falling commodity prices have pushed several African countries back into the embrace of the International Monetary Fund.
Major oil producers are meeting this weekend to try to negotiate an output freeze to drain crude oversupply and boost prices, but doubts remain on Iran's buy in.
One of Tuscany's most famous villas is up for sale with its owners hoping to be smiling all the way to the bank thanks to its links to the Mona Lisa.