Business & Economy
Stocks slump deepens, dollar rises on haven demand: market wrap

[ad_1] Equities prolonged their decline in Asia whereas the dollar rose in opposition to main currencies together with the yen as traders weighed the of danger of recession and tighter financial coverage. Shares in Hong Kong had been headed to the bottom degree in a decade, led by know-how firms,

Read More »
Business & Economy
About 7.5 million people receive the R350 grant

[ad_1] Social Development Minister Lindiwe Zulu says the division “regrets the pain and hardships” attributable to ongoing challenges and fee delays to beneficiaries of the Social Relief of Distress (SRD) grant. Zulu was briefing the media on Monday on progress with the SRD grant in addition to plans to high

Read More »
Business & Economy
World stocks head back towards two-year lows as mood sours

[ad_1] World stocks headed back towards their lowest ranges in virtually two years on Tuesday, with sentiment weighed down by unease about quickly rising rates of interest, an escalation within the Ukraine conflict and China stepping up pandemic measures. There was a modest respite for Britain’s battered bond market after

Read More »
Business & Economy
Earnings are looking bad …

[ad_1] Wall Street is bracing for a tough earnings season as macroeconomic points weigh on revenue margins. But even when third-quarter outcomes aren’t so bad, the larger concern is what Corporate America sees on the horizon. Expectations for the reporting cycle, which begins with large banks’ outcomes on Friday, are

Read More »
Business & Economy
Cosatu, a serial waster of workers’ time

[ad_1] The 2022 congress of the Congress of South African Trade Unions (Cosatu) has come and gone. Cosatu members booed ANC chair Gwede Mantashe proper off the stage. He didn’t get to ship the celebration’s message of help – or, within the hecklers’ phrases, extra ’empty guarantees’. Other than this, there was no

Read More »
Business & Economy
Bernanke shares economics nobel prize for crisis study

[ad_1] Former Federal Reserve Chair Ben S. Bernanke and two US-based colleagues gained the 2022 Nobel Prize in Economics for their analysis into banking and monetary crises. Douglas Diamond, Philip Dybvig and the one-time central banker will share the 10-million-kronor ($885,000) award, the Royal Swedish Academy of Sciences introduced in

Read More »
Business & Economy
Early childhood development holds the key to our future: Ramaphosa

[ad_1] There are few presidential actions extra fulfilling than spending a morning in the firm of young children. Last week, I attended the opening of the Little Flower early childhood development (ECD) centre in Bizana in the Eastern Cape, the place I acquired to spend time with a few of

Read More »
Business & Economy
‘The Transnet strike is going to cost the economy billions’

[ad_1] The financial disaster we now have been attempting to confront, one which has rendered most of our youth unemployed and seen actual per capita incomes falling for eight years, requires a concerted effort between all social companions. Organised enterprise has been seized with the problem – partnering with authorities

Read More »
Business & Economy
Full pantry while pots are empty

[ad_1] It’s scorching and hazy and crimson and purple in Zimbabwe this October. Summer is right here and temperatures are hovering, gone are jackets and trousers, and the sky is a deep blue when you may see it; most days it’s obscured by the suffocating smoke of fires scorching the

Read More »

Recent Post

MOST READ

Subscribe Our Newsletter

Subscription Form

ADVERTISE WITH MDNtv