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LATEST Africa  

Kenya to double debt ceiling to almost match economy’s size

The increased debt-ceiling could derail Kenya’s planned fiscal consolidation, the Parliamentary Budget Office says.

Zimbabwe starts further power cuts due to Eskom outages

Eskom’s power cuts affect electricity exports to Zimbabwe.

Nestle to return $20bn to investors

Revenue up 3.7% on an organic basis in the 9 months through September.

Mediclinic interims set to confirm healthy growth

Across all divisions, with Swiss operations achieving a significant increase in revenue.

LATEST Economy  

Only two provinces have above-average living conditions – report

New index finds they are the usual culprits: Gauteng and the Western Cape.

What to watch to see if world economy is heading into recession

IMF prefers term 'synchronised slowdown'.

LATEST Industry  

Mining, Engineering, Industry, Factory production

South Africans are paying more to drink

Retailer revenue growth is soaring, while sales volumes remain steady.

Chocolate makers face sustainability dilemma over farmers’ pay

Cocoa farmers are growing increasingly frustrated with the slow uptake of a plan adopted to help improve their pay.

LATEST International  

Junk bond sales soar before Brexit clock strikes midnight

Corporates are capitalising on bonds ahead of Brexit.

Brexit deal inches nearer as key Boris Johnson ally threatens hold-out

Ireland is still posing a problem.

LATEST Markets  

Wall Street slips as weak economic data offsets earnings strength

Retail sales fall in September for first time in 7 months.

Wall Street advances as earnings season hits the road running

Brexit hopes boost sentiment.

LATEST South Africa  

SA cabinet approves power plan

The plan must still be publicly gazetted, cabinet says.

Mid-term budget may come a day early – finance minister  

Minister changes the date to accommodate President Cyril Ramaphosa's travel plans.


Huawei woos No. 2 wireless market as India sits on 5G fence

India has been an investment focus for Huawei even though the government is still to decide on auctioning 5G spectrum to carriers.

Walmart subsidising some vendors in price war with Amazon

Walmart introduces a program to temporarily lower the price of some items on its marketplace site.



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