Latest articles on Andrey Kryuchenkov
Oil prices struck a record high of $109,72 per barrel on Tuesday after the dollar hit a fresh all-time low against the euro and amid persistent energy-supply concerns, traders said. New York's main oil contract, light sweet crude for delivery in April, soared to the historic level, beating the previous peak of $108,21, which was set on Monday.
The price of New York crude oil hit an all-time high point of $103,05 per barrel on Friday owing to record weakness of the dollar, but then fell back, traders said. And the price of gold reached an historic peak of $976,32 per ounce. "This was part of a broad-based commodities run based on the continued weakness of the dollar," said Petromatrix analyst Olivier Jakob.
World oil prices eased further from the historic $100-a-barrel level on Monday after weak US employment data fanned worries about recession and demand in the world's biggest energy consumer, dealers said. In afternoon trade, New York's main contract, light sweet crude for delivery in February, was 71 cents lower at $97,20 a barrel.
The mayor, her relatives and their friends keep landing lucrative tenders and using state resources. Yet Lindiwe Makhalema has failed to declare the list of her relationships with people and companies benefiting from the municipality
Municipalities are in complete disarray, with many of them flagged by the auditor-general for deliberate lack of accountability and tolerance for transgressions by political and administrative leadership while billions are squandered.
SAICA calls for a review of the mandatory minimum skills and qualifications required for all key financial management positions within the public sector
Organisations must adopt a risk-based approach to compliance and rely on technology to mitigate that risk and on people and process controls as well
MTN South Africa has launched its widely accessible 5G network – the first of MTN’s 21 operations across Africa and the Middle East
'For the finance function to go beyond the numbers we need to be professional and we cannot leave out the financial control experts'