Author

 
Lucia Mutikani

Lucia Mutikani

    US job purge probably halted, jobless rate seen up
    US job purge probably halted, jobless rate seen up
    A US government report on Friday is expected to show the economy stopped shedding jobs last month for the first time since it fell into recession...
    US small businesses dig in heels as recession bites
    US small businesses dig in heels as recession bites
    Vanessa Baug knows as well as anyone how the recession has ushered in a new era of frugality for Americans. Sales at her once-thriving jewellery...
    Africa to recover slowly from global crisis
    Africa to recover slowly from global crisis
    The global crisis has hit African countries harder than initially anticipated and the continent will lag the rest of the world in recovery, the...
    US jobless rate at 16-year high
    US jobless rate at 16-year high
    The United States unemployment rate surged to its highest level in nearly 16 years in December as a deepening economic slump forced companies to...
    Bush mortgage plan cheers stocks, bonds ease
    Bush mortgage plan cheers stocks, bonds ease
    United States stocks rose on Friday amid optimism a White House-proposed mortgage assistance package could ease liquidity conditions, while...
    Manuel suggests inflation target review
    Manuel suggests inflation target review
    South African Finance Minister Trevor Manuel said on Thursday he was concerned about the use of higher interest rates as the only tool to fight...
    Reserve Bank seen raising rates again this week
    Reserve Bank seen raising rates again this week
    South Africa's central bank is expected to raise its repo rate next week, probably for the last time this year, as it battles to curb rising...
    Mboweni says he's committed to low inflation
    Mboweni says he's committed to low inflation
    South African Reserve Bank head Tito Mboweni said on Wednesday it would not struggle against inflation at all costs in what analysts saw as a sign...