The World Bank has priced a $120m spekboom restoration bond in South Africa’s Eastern Cape, linking investor returns to ecosystem recovery
The commission says the case highlights the difficulty of prosecuting global and domestic cartels that exploit legal loopholes to delay proceedings
The deputy finance minister also says liberalising the energy sector is key to growing the economy
Research by retail bank BNP Paribas estimates that unemployment will linger for longer in emerging markets
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.
Solar and wind farms on shuttered coal mines in Mpumalanga would liberate us from Eskom
Leaders of companies who instil purpose and compassion are lauded
Life-changing impacts that benefit the poorest
Standard Chartered pleaded guilty to currency manipulation (which included the rand) between 2007 and 2013
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
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.
Consumer Price Inflation exceeded the Reserve Bank’s target band of 3% to 6% for the third time in .
Inflation in Africa’s second biggest economy has bust out of the Reserve Bank’s target band again in May.
The unemployment rate fell to 24.1% or 50 000 according to Statistics South Africa data released on Tuesday.
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.