Latest articles on Penny Macrae

‘Hitler’ clothing store stirs anger in India

The owner of an Indian clothing store has said that he would only change its name from "Hitler" if he was compensated for re-branding costs.

India’s economic growth slows to lowest levels in two years

India's economic growth has slumped to a two-year low of 6.9% as it was hit by a string of rate hikes and the stumbling global economy.

India surprises with rise in June industrial output

India's industrial output grew 8.8% in June from a year earlier, displaying unexpected resilience in the face of a string of interest rate hikes.

‘Shame Games’ mar India’s reputation

The shambolic run-up to the Commonwealth Games has dashed India's hopes of showcasing itself as a dynamic emerging superpower.

India meeting on BlackBerry ends without decision

Talks in India to discuss possible suspension of BlackBerry services over national security concerns ended "inconclusively", an official said.

Indian telecoms tycoon spooks investors with Africa move

Indian telecoms tycoon Sunil Bharti Mittal may be known for his Midas touch, but investors are questioning his bid to gain a foothold in Africa.

Bharti hopes to be third time lucky with Zain bid

Indian telecom tycoon Sunil Bharti Mittal is hoping to make it third time lucky as he seeks to gain a presence in Africa.

Ministers meet to put 2010 Doha deal in sight

Trade ministers meet in New Delhi for talks that the WTO says could lay the groundwork for a push to reach a new global free-trade pact next year.

Deadline looms for MTN-Bharti merger talks

The countdown is on in merger talks between India's top mobile firm Bharti Airtel and MTN to create an emerging market powerhouse.

Ambani brothers slug it out in telecoms row

The Ambani brothers are battling again -- this time over a deal being negotiated by the younger sibling Anil to create a telecoms behemoth.

India’s Tata acquires Jaguar, Land Rover for $2,3bn

India's Tata Motors said on Wednesday it had bought British luxury icons Jaguar and Land Rover from struggling United States carmaker Ford for $2,3-billion as it expands its global reach. The all-cash deal is part of Tata's efforts to grow outside Asia, but analysts have questioned how the Indian firm will absorb the two high-end marques into its operations.

Scuffles on second day of Indian airport strikes

Striking Indian airport workers broke windows and scuffled with security staff as they stayed off the job for a second day on Thursday to protest privatisation plans, officials said. Most flights took off, although passengers were greeted by the smell of garbage and clogged toilets at main airports across the nation.

Indian Kashmir casts net to lure fishermen

Fisheries inspector Muntasir Rah beams proudly as he struggles to hold steady a net full of thrashing trout at a hatchery in insurgency-racked Indian Kashmir. And when peace finally returns to the revolt-hit Himalayan region, he hopes anglers from around the world will take the bait and come back to fish for what he calls his "brown beauties".

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Female cops sent for rape counselling

Brigadier Sifiso Cele denies the rape allegations, saying that they are part of a smear campaign and that criminal charges should have been opened if the accusations were true

‘Lost’ PPE: Morar a ‘player and ref’

Roshan Morar, the auditor who supplied the KZN education department with sanitisers has also been tasked with investigating the “disappearance” of millions of rands worth of PPE

Signing a path to freedom for the deaf

If South African Sign Language is recognised as one of the country’s official languages, it will considerably ease many of the deaf community’s problems of access, education and equality.

Press Releases

The financial decisions made during your life journey, and their impact on your retirement outcome

The longer you save towards retirement the larger your retirement savings are expected to be due to the effect of compounding interest

In conversation with SA Reserve Bank Governer, Lesetja Kganyago

'Make interest rates zero and inflation goes up and then people save less – we need savings to fund investment in this country'

Secure your business from cyber threats

Many business-grade security systems now have built-in learning systems and AI to help businesses stay up to date with protection

Mental Health

During the pandemic there's been a dramatic increase in depression, anxiety and suicides, according to some of the surveys done

Expert financial advice still recommended – especially in uncertain times

A financial advisor is an expert who will help you to protect your wealth and make a realistic plan when unexpected events threaten your wellbeing

What is a virtual card, and how does it work?

A virtual card lets you pay online without ever having to take your card from your wallet or exposing your actual account information

Expert grant writer vacancy

The role of the grant writer is to work collaboratively with the HST bid team to conceptualise and write proposals for upcoming grant calls

Investment outlook beyond Covid-19

Opportunities for local business growth needed to be identified and strategically capitalised on, and we have to be really deliberate about that

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