Business & Economy
[TOP STORY] The US economic situation is ‘messy’

[ad_1] SIMON BROWN: I’m chatting now with Dr Adrian Saville of Genera Capital, and naturally professor at Gibs Business School. Adrian, I admire the early morning time. You and I [were] chatting, I feel it was two years in the past, the place you spooked me foolish. The debate then

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Business & Economy
Stocks, futures rally on earnings, Fed outlook: markets wrap

[ad_1] Stocks and futures rallied Friday on constructive earnings from Amazon.com Inc. and Apple Inc. and expectations of shallower Federal Reserve financial tightening, a prospect that’s additionally supporting Treasuries. European shares had been set for his or her greatest month-to-month acquire since November 2020. Nasdaq 100 contracts added greater than

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Business & Economy
SATMC: Why we proposed the tariffs on imported tyres

[ad_1] FIFI PETERS: We are following up on the tyre story that we reported on, on Tuesday, I feel it was. What has occurred since then is that we had the native importers on the present telling us why they had been towards the safety that the producers had been

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Business & Economy
Nersa to consult on two years’ worth of Eskom tariffs instead of one

[ad_1] In a shock transfer, power regulator Nersa’s electrical energy sub-committee (ELS) on Tuesday determined to lengthen its imminent stakeholder consultations on Eskom’s tariff past the following monetary 12 months to embrace these for 2024/25 as nicely. (Eskom desires a complete improve of 32.66% in 2023/24 and an extra 9.63%

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Business & Economy
Savings month: Here’s where to put your money to work

[ad_1] BOITUMELO NTSOKO: Welcome to the Money Savvy podcast, I’m Boitumelo Ntsoko. July is National Savings Month and, as we shut it off, I believed we’d take a look at the completely different financial savings autos out there to South Africans for his or her numerous objectives. Joining us on

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Business & Economy
Women entrepreneurs in Africa facing more climate risks than the men

[ad_1] The world’s climate is changing. All of us will finally be affected by climatic shifts – however some will likely be hit tougher than others. On the African continent, for example, small companies are on the entrance traces of climate change. Over 50% of the African labour power works

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Business & Economy
Transnet reports R5bn profit, reaches ‘the curvy part of the hockey stick’

[ad_1] RYK VAN NIEKERK: Transnet introduced monetary outcomes for its fiscal yr to the finish of March 2022 this afternoon. I simply wish to point out first that the monetary statements are unqualified, which implies that the Auditor-General thinks they’re an correct reflection of the group’s monetary place. The Auditor-General

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Business & Economy
Fourth person ‘cured’ of HIV, but is a less risky cure in sight?

[ad_1] AIDS researchers introduced on Wednesday that a fourth person has been “cured” of HIV, but the damaging process for sufferers additionally battling most cancers could also be little consolation for the tens of hundreds of thousands dwelling with the virus worldwide. The 66-year-old man, named the “City of Hope”

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Business & Economy
A hawkish Fed signals further rate hikes and sees a slowing economy

[ad_1] The U.S. Federal Reserve hiked its benchmark interest rate by a further three-quarters of a proportion level on July 27, 2022. The bounce was expected by most economists, though some had thought the central financial institution would go further in its makes an attempt to place the brakes on

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Business & Economy
Stocks push higher amid bets on slower Fed hikes: markets wrap

[ad_1] Stocks rose in Asia on Thursday and the greenback fell because the prospect of a slower tempo of Federal Reserve financial tightening filtered throughout world markets. An Asian share gauge added about 1%, however the positive factors had been smaller than Wednesday’s 2.6% surge within the S&P 500 and

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