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LATEST Africa  

Millions of African children rely on TV education during pandemic

20 Sep 2020 /  Nazanine Moshiri, Reuters  
For many online is not an option.

Africa may need $200bn a year for climate by 2070

16 Sep 2020 /  Prinesha Naidoo   4
The continent most vulnerable to environmental shifts will require the annual funding for early-warning systems and climate-resilient infrastructure

African central banks may say they’ve done what they can for now

16 Sep 2020 /  Prinesha Naidoo, Bloomberg  
Only SA and Kenya's MPC may consider lowering key rates.

Zimbabwe CPI slows to 761.02% year-on-year in August

15 Sep 2020 /  MacDonald Dzirutwe, Reuters   2
On a monthly basis, prices increased by 8.44% compared to 35.53% in July.

Corporate report card: Dismal and commendable efforts

21 Sep 2020 /  Ann Crotty  
The CEO who got almost everything wrong (other than his own deal), the team that’s filling some big shoes, and the company that pulled a rabbit out of the hat, but not in time to keep a major investor from unloading a third of its holding – the week that was.

Hanratty’s gift from Sanlam

21 Sep 2020 /  Ann Crotty  
New CEO to get R161m worth of Sanlam shares.

Discovery Bank’s operating loss last year?

21 Sep 2020 /  Hilton Tarrant  
A cool R1.2 billion.

Richard Branson joins blank-check frenzy

19 Sep 2020 /  Crystal Tse, Bloomberg  
With $400m deal.

LATEST Economy  

How South African companies are battling the pandemic and recession

18 Sep 2020 /  Roxanne Henderson, Janice Kew, Felix Njini and Loni Prinsloo, Bloomberg    1
How companies in key industries have coped with the unprecedented crisis.

JPMorgan Asset says climate risks loom for Brazil, South Africa growth

18 Sep 2020 /  Joanna Ossinger, Bloomberg    2
Emerging markets face a difficult shift to a low-carbon economy.

Dubai may be as indebted as South Africa if S&P proves right

18 Sep 2020 /  Netty Ismail, Abeer Abu Omar and Zainab Fattah   5
Country's debt is on the rise as the government taps the bond market.

Reserve Bank holds repo rate at 3.5%

UPDATE
17 Sep 2020 /  Suren Naidoo   12
Pauses cutting cycle with SA's economy opening up further to alert Level 1 soon.

LATEST Industry  

Mining, Engineering, Industry, Factory production

Ford invests around R138m in a new Silverton plant facility

14 Sep 2020 /  Roy Cokayne   3
Motor giant aims to double production to 200 000 units a year over the next three to four years.

Construction activity rebound expected in third quarter

11 Sep 2020 /  Roy Cokayne   4
After dropping to a record low.

Construction firm Stefanutti Stocks hit by cyberattack

2 Sep 2020 /  TechCentral  
It discovered the attack on its IT systems in the early hours of Monday morning.

Rainbow Junction development to create 84 000 jobs in Gauteng

2 Sep 2020 /  Roy Cokayne   20
Project is 'shovel-ready' – CEO Rosella Dingle.

LATEST International  

The pandemic should be WeWork’s moment

20 Sep 2020 /  Conor Sen, Bloomberg   1
As future-of-work discussions shift from theoretical to practical

How to be happy during a pandemic

20 Sep 2020 /  Tyler Cowen, Bloomberg   1
Humans are often creatures of habit, slow to adjust to new circumstances, so which changes should we make?

Brazil is running out of space to store its coffee

20 Sep 2020 /  Fabiana Batista, Manisha Jha and Marvin G Perez, Bloomberg  
'We are very close to our maximum capacity.'

Around the world, the 2020 wine harvest may be most troubled ever

19 Sep 2020 /  Elin McCoy, Bloomberg   3
How is this trouble-plagued harvest going to turn out?

LATEST Markets  

Stocks retreat in longest losing streak since June

18 Sep 2020 /  Adelaide Changole, Bloomberg   1
Foreigners were net sellers of South African stocks Thursday, disposing R814 million worth of shares.

Oil set for best week since June

18 Sep 2020 /  Sharon Cho and James Thornhill, Bloomberg  
With Saudis defending recovery.

Stocks slump before rates decision

17 Sep 2020 /  Adelaide Changole, Bloomberg  
Foreign investors were net buyers of South African stocks Wednesday, purchasing R641 million worth of shares.

Oil drops below $40

17 Sep 2020 /  Sharon Cho and James Thornhill, Bloomberg  
With strong dollar after surge on stockpiles.

LATEST South Africa  

Eskom COO Jan Oberholzer cleared and vindicated

21 Sep 2020 /  Chris Yelland  
By Eskom report as well as court judgment, while so-called whistleblower eyeing millions is 'taking legal advice on this matter'.

Gordhan’s budget commitment for SAA questioned

21 Sep 2020 /  Moneyweb  
Civil servant pensions targeted for short-term loans.

We asked university students to tell their own stories in photos

20 Sep 2020 /  Mikateko Mathebula   6
Here's why.

UIF Ters payments resume from Monday

19 Sep 2020 /  Melitta Ngalonkulu   1
The Fund says it will not process claims with incomplete infomation.

LATEST Tech  

Lockdown leads to data boom

16 Sep 2020 /  Larry Claasen    1
Covid-19 drives the digitisation of the economy.

Apple’s first major product launch event of 2020: what to watch

14 Sep 2020 /  Mark Gurman, Bloomberg  
Apple will kick off a broad slate of new products at a virtual event on Tuesday.

Electric-car startup lucid to follow Tesla into energy storage

13 Sep 2020 /  Ed Ludlow, Bloomberg  
The timing of Lucid’s move into energy storage is odd because the company has yet to start production on its EV.

Berkshire adds tech IPO to ways it will deploy mountain of cash

9 Sep 2020 /  Michael J Moore, Bloomberg  
In the latest expansion of Warren Buffett’s playbook.
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