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latest news & developmentsSpekboom restoration at centre of $120m World Bank climate bond
The World Bank has priced a $120m spekboom restoration bond in South Africa’s Eastern Cape, linking investor returns to ecosystem recovery
Competition Competition has no evidence of rand manipulation, banks say
The commission says the case highlights the difficulty of prosecuting global and domestic cartels that exploit legal loopholes to delay proceedings
David Masondo bullish on capital flight
The deputy finance minister also says liberalising the energy sector is key to growing the economy
Rapid inoculation will decrease SA’s jobless rate
Research by retail bank BNP Paribas estimates that unemployment will linger for longer in emerging markets
Tax, wage bill, debt, pandemic: Mboweni’s tightrope budget policy statement
The finance minister has to close the jaws of the hippo and he’s likely to do this by tightening the country’s belt, again.
Breath of fresh air for dying sector
Solar and wind farms on shuttered coal mines in Mpumalanga would liberate us from Eskom
Conscious Companies Award winners announced
Leaders of companies who instil purpose and compassion are lauded
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Life-changing impacts that benefit the poorest
International case may set precedent in rand-rigging battle
Standard Chartered pleaded guilty to currency manipulation (which included the rand) between 2007 and 2013
Turkish lira hammered again
With investors already on edge over the China-US trade war, the lira’s collapse sparked a sell-off in Europe and New York at the end of last week
Competition Commission to prosecute more than 12 banks for alleged collusion
Several banks allegedly agreed from at least 2007 to collude on prices for bids in relation to currency trading involving the dollar and rand pairing.
Inflation exceeds target again
Consumer Price Inflation exceeded the Reserve Bank’s target band of 3% to 6% for the third time in .
Inflation accelerates to a near five-year high
Inflation in Africa’s second biggest economy has bust out of the Reserve Bank’s target band again in May.
Unemployment rate drops as government hires workers
The unemployment rate fell to 24.1% or 50 000 according to Statistics South Africa data released on Tuesday.
Greece sharpens austerity as IMF warns on banks
Greece has adopted more austerity measures to secure a bailout instalment, and the IMF warned Europe’s debt crisis is putting banks’ capital at risk.