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Africa
A $1.6bn horror as Ghana investors can’t get their savings
19 August 2019 / Moses Mozart Dzawu, Bloomberg
UK $9bn court ruling impacted Nigeria's monetary policy - central bank
19 August 2019 / Felix Onuah, Reuters
Zimbabwe: Heading backwards again and fast
Cathy Buckle
/ 19 August 2019
For the past 54 weeks, citizens have been living in a state of deterioration marked by fear and economic hardship.
IMF warns Zimbabwe against pay boost as living standards crash
Antony Sguazzin and Godfrey Marawanyika, Bloomberg
/ 19 August 2019
Finance minister in favour of boosting wages in both the public and private sectors to restore living standards and create consumer demand.
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Companies and Deals
WBHO flags lower earnings
20 August 2019 / Roy Cokayne
Sasol met with fund managers as Lake Charles costs climbed
19 August 2019 / Antony Sguazzin
Blue Label delays financial results on Cell C revaluation
Duncan McLeod
/ 19 August 2019
Cell C's ongoing transactions may impact results.
Choppies in chaos
Larry Claasen
/ 19 August 2019
Two investigations find serious governance contraventions at the retailer.
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Economy
Trump 'not ready' for China trade deal, dismisses recession fears
19 August 2019 / Howard Schneider, Reuters
Getting to grips with the trade war
19 August 2019 / Patrick Cairns
Argentina Treasury minister resigns, says ‘significant renewal’ needed amid economic crisis
Eliana Raszewski, Reuters
/ 18 August 2019
Country suffers currency rout and double debt downgrade in one week.
Nobody likes these curves as global economy’s out of shape
Michelle Jamrisko, Bloomberg
/ 16 August 2019
World recession warnings are piling up.
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Industry
Mining, Engineering, Industry, Factory production
Green flops: Why some promising cleantech ideas didn’t work out
18 August 2019 / Will Wade, Bloomberg
Volkswagen, Nissan to get 10-year tax breaks for Ghana plants
15 August 2019 / Yinka Ibukun, Bloomberg
Auto sector wage negotiations at a critical point
Roy Cokayne
/ 14 August 2019
Last-ditch attempt to find one another, says Numsa.
Asset managers farm out trading as costs and complexity climb
Thyagaraju Adinarayan and Helen Reid, Reuters
/ 6 August 2019
Face heavier regulation burden, rapid tech advances.
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International
Fitch, S&P downgrade Argentina debt as default risk grows
17 August 2019 / Gabriel Stargardter, Reuters
Going negative? As trade war rages, central banks ponder radical steps
17 August 2019 / Leika Kihara and Charlotte Greenfield, Reuters
Hong Kong hotels in crisis as protests deter Chinese tourists
Eric Lam, Bloomberg
/ 15 August 2019
Revenue from room sales could plunge as much as 50% this month, following weeks of social unrest.
HK readies for more protests as Trump and others seek peaceful resolution
Farah Master, Reuters
/ 15 August 2019
China reiterates that protests are approaching 'terrorism'.
LATEST
Markets
Rand bounces back after steep sell-off
19 August 2019 / Onke Ngcuka and Alexander Winning, Reuters
The price tag for global trade-war uncertainty is $585bn
19 August 2019 / Eddie Spence, Bloomberg
Stimulus hopes support global stocks, ease pressure on bonds
Tom Wilson, Reuters
/ 19 August 2019
Germany is well-positioned to take on the global economic crisis, finance minister says.
Rand flat as investors weigh local, global risks
Mfuneko Toyana, Reuters
/ 19 August 2019
Bonds slightly weaker.
LATEST
South Africa
Tobacco wars turn deadly
20 August 2019 / Ciaran Ryan
City of Joburg and unions 'do away' with wildcat strikes
20 August 2019 / Tebogo Tshwane
Rising Cape Town dam levels to buoy agriculture and tourism
Suren Naidoo
/ 20 August 2019
Government and the tourism sector now need to get the message out.
Little-known tax incentives boost business case for renewable energy
Chris Yelland and Mariam Isa
/ 19 August 2019
Businesses that have installed solar PV in the tax year, or are about to do so, stand to benefit.
LATEST
Tech
Disney streaming service to launch in Canada, Netherlands in November
19 August 2019 / Reuters
Crypto behemoth Binance is planning a rival to Facebook’s libra
19 August 2019 / Alastair Marsh, Bloomberg
Fearing data privacy issues, Google cuts some Android phone data for wireless carriers
Angela Moon and Paresh Dave, Reuters
/ 19 August 2019
Data sharing regulation is becoming a hotly contested issue.
Vodacom to invest more than R9bn on SA network this year
Nqobile Dludla, Reuters
/ 16 August 2019
Network enhancements will focus on rural areas.
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