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Africa
African nations join majority in opposing US blockage at WTO
26 June 2019 / Tom Miles, Reuters
Back to 2008 in Zimbabwe as currency that wrecked lives returns
26 June 2019 / Antony Sguazzin, Brian Latham and Godfrey Marawanyika, Bloomberg
Botswana stock market to list, state to cede control
Antony Sguazzin and Mbongeni Mguni, Bloomberg
/ 26 June 2019
The Gaborone-based exchange is currently about 80% owned by the state, with four brokers holding the rest.
Zimbabwe hikes overnight lending rate to 50%
Nelson Banya, Reuters
/ 25 June 2019
After ending dollarisation.
LATEST
Companies and Deals
PPC picks ex-Lafarge veteran van Wiljnen as CEO
26 June 2019 / Naledi Mashishi, Reuters
Steinhoff seeks R850m from ex-CEO after accounting crisis
26 June 2019 / Janice Kew, Bloomberg
Nigerian tax case between MTN, attorney general adjourned
Libby George and Alexis Akwagyiram, Reuters
/ 26 June 2019
The case over the $2bn tax dispute has been adjourned to October 29.
Tigon-accused Porritt in new bid for freedom
Moneyweb
/ 26 June 2019
'I was not malingering.'
LATEST
Economy
Record-low inflation expectations point to rate cut
20 June 2019 / Ana Monteiro, Bloomberg
Fed sees case building for interest rate cuts this year
20 June 2019 / Howard Schneider and Jason Lange, Reuters
At the mercy of fuel prices rather than interest rates
Adriaan Kruger
/ 18 June 2019
High cost of petrol and diesel wipes out any benefit of an expected cut in the repo rate.
The Goldilocks era may soon be over for Europe’s star economy
Dorota Bartyzel, Bloomberg
/ 14 June 2019
The shift, driven by resurgent consumer prices, marks the end of an era for Poland.
LATEST
Industry
Mining, Engineering, Industry, Factory production
Cautionary tale of tax incentives for cigarette makers from Zambia
25 June 2019 / Ronald Labonte, Fastone Goma, Jeffrey Drope and Raphael Lencucha
SA to raise 2019 maize output forecast marginally - poll
24 June 2019 / Tanisha Heiberg and Naledi Mashishi, Reuters
Oil climbs to a three-week high as US-Iran tensions simmer
Saket Sundria and Grant Smith, Bloomberg
/ 24 June 2019
President Donald Trump announces plans for further sanctions against Iran.
The fossil fuel industry is quietly undermining global climate talks
Luke McGrath, Bloomberg
/ 24 June 2019
Some fossil fuel companies are undermining scientific consensus and slowing policy progress at climate talks, report finds.
LATEST
International
In 'climate apartheid', rich will save themselves while poor suffer - UN report
25 June 2019 / Tom Miles, Reuters
Democracy falls short for people around the world - survey
25 June 2019 / Daphne Psaledakis, Reuters
Summer driving in the US gets pricier start as refinery burns
David Marino and Barbara Powell, Bloomberg
/ 24 June 2019
Pump prices are likely to rise as the surge in futures filters down to retail stations.
Global population could peak sooner than we think
Bloomberg
/ 23 June 2019
Two billion people will be added to the current world population of 7.7bn by 2050 - UN.
LATEST
Markets
Bitcoin reaches 18-month high as Facebook's libra spurs interest
26 June 2019 / Olga Cotaga, Reuters
Rand trades in a narrow range as global risk demand slows
26 June 2019 / Mfuneko Toyana, Reuters
Bitcoin tops $12 000 level for first time since January 2018
Joanna Ossinger, Bloomberg
/ 26 June 2019
Cryptocurrency continues a strong run in recent weeks.
Wall St sinks as hopes fade for rate cuts, trade progress
Stephen Culp, Reuters
/ 26 June 2019
Tech leads all three major US indexes lower.
LATEST
South Africa
Auditors of SA municipalities say they are intimidated and threatened
26 June 2019 / Prinesha Naidoo and Paul Vecchiatto, Bloomberg
SA opposition parties at odds over mayoral post
26 June 2019 / Tshegofatso Mokgabodi, Bloomberg
SA pensions seen at risk if state forces investments
Roxanne Henderson and Londell Phumi Ramalepe, Bloomberg
/ 26 June 2019
ANC is looking into introducing prescribed assets to foster inclusive economic growth.
Five things making headlines in South Africa today
Moneyweb
/ 26 June 2019
Denel gets loan to pay salaries, PPC and Sephaku results, DoE looks to a bill to protect local industry and more.
LATEST
Tech
Central bankers weigh up Facebook's libra plan
25 June 2019 / Brenna Hughes Neghaiwi, Reuters
Early Spotify investor raises $300m for young startups
24 June 2019 / Natalia Drozdiak, Bloomberg
Facebook must face lawsuit over 29m-user data breach
Kartikay Mehrotra and Aoife White, Bloomberg
/ 24 June 2019
The user data violation, which was disclosed in September, was tagged as Facebook's worst security breach ever.
Why Naspers is backing Facebook’s cryptocurrency project
Duncan McLeod
/ 24 June 2019
Naspers subsidiary, PayU has joined the Libra Association, which will have a say in how the cryptocurrency is managed.
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SA's jobs market gets tight
Larry Claasen / 25 June 2019
It's becoming harder to stay employed in South Africa.
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