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Barclays warns of credit pain in return to 1970s inflation regime

17 Aug 2022 /  Olivia Raimonde, Bloomberg
The current inflation and growth environment is most akin to the 1973 to 1975 and 1978 to 1980 time periods.

Amazon accuses FTC of harassing Bezos in ‘burdensome’ probe

17 Aug 2022 /  Emily Birnbaum, Bloomberg
Amazon said the FTC’s requests are 'unworkable for Amazon to discern the information staff demands and to respond in the timeframe allowed.' 

SA firms make slow progress hiring female executives

17 Aug 2022 /  Rene Vollgraaff, Bloomberg
As at June this year, only seven of the top-100 companies on Johannesburg’s stock exchange had female chief executive officers.
3

Lottery boss resigns

17 Aug 2022 /  Raymond Joseph, GroundUp
The National Lotteries Commission has been overwhelmed with corruption over the past few years.
UPDATE
1

Huge delays in tariff decisions have ‘chilling effect on investments’

17 Aug 2022 /  Amanda Visser
Turnaround time on applications is an average of two years, with many simply needing to be signed off by the relevant minister.
4

Farmers meet to strategise against Land Bank liquidations

17 Aug 2022 /  Moneyweb
We first try to help, says bank – but others believe its conduct could bring agriculture to its knees and affect food security.
UPDATE
2

Fears government will hijack expected fuel price cuts to fund GFIP

17 Aug 2022 /  Roy Cokayne
Seizing what it sees as an opportunity to solve the e-toll debacle, Outa warns.
1

Explosion rocks depot in Russian-occupied Crimea

16 Aug 2022 /  Bloomberg News
President Vladimir Putin’s defense chief said Russia had no plans to use tactical nuclear or chemical weapons in Ukraine.

Zimbabwe offers target-beating incentive for biggest gold miners

16 Aug 2022 /  Godfrey Marawanyika, Bloomberg
Gold output in Zimbabwe climbed 47% in the first seven months of this year.
1

SA suspends all cattle movement

16 Aug 2022 /  Bhargav Acharya, Reuters
To control foot and mouth disease.
1

Stage 2 load shedding starts at 4pm

16 Aug 2022 /  Moneyweb
Eskom warns that power cuts may continue during the evening peak times on Wednesday and Thursday.
2

JHB seeks power supply from private firms

16 Aug 2022 /  S'thembile Cele, Bloomberg 
A request for proposals is awaiting approval from the National Treasury and should be issued within weeks, says mayor.
UPDATE

Petrol and diesel could fall by over R2 a litre in September

16 Aug 2022 /  Akhona Matshoba
Bringing welcome relief to motorists, as long as the rand and oil prices remain steady.
1

August always has a story to tell 

16 Aug 2022 /  Cathy Buckle
A look back at some tragic events that happened in Zimbabwe this month, over the years.

Growth risks weigh on stocks, oil as bonds climb: markets wrap

16 Aug 2022 /  Andreea Papuc and Tassia Sipahutar, Bloomberg
Gold was at $1 780.99 an ounce.

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