Business & Economy
Global outlier Angola has room to cut rate as currency jumps

[ad_1] Angola’s central financial institution might think about slicing its benchmark rate as inflation slows and after its currency appreciated on the quickest tempo in many years. The Banco Nacional de Angola saved its benchmark rate at 20% for a sixth straight assembly in July, aided by the kwanza’s 22%

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Business & Economy
Sasol’s first dividend in three years

[ad_1] While Sasol notified shareholders in a buying and selling assertion a number of weeks in the past that its revenue for the 12 months to finish June 2022 could be a lot increased – saying that earnings per share would enhance from R14.57 in 2021 to as a lot

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Business & Economy
Data shows Woolworths is ‘cheapest’ grocer: Tweeps unconvinced

[ad_1] A complete comparability between among the main grocers in South Africa – together with Woolworths, Checkers and Pick n Pay – has yielded fascinating outcomes. The Outlier; a publication that makes use of knowledge and visible storytelling to create tales of public curiosity, has in contrast the costs of

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Business & Economy
SA unemployment drops to 33.9% in Q2 2022

[ad_1] South Africa’s unemployment fee fell to 33.9% in the second quarter (Q2) of 2022, from 34.5% in Q1, led primarily by job features in the group and social companies, commerce, finance and development sectors, Statistics South Africa (Stats SA) stated on Tuesday. According to Stats SA’s Quarterly Labour Force

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Business & Economy
Who qualifies for Old Mutual’s Bula Tsela empowerment shares?

[ad_1] FIFI PETERS: Old Mutual has launched its new Bula Tsela B-BBEE scheme immediately, lastly. [There has been] a complete lot of exercise and a complete lot of curiosity to take part on this scheme. We obtained fairly quite a lot of questions from our Moneyweb readers, and we’ve acquired

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Business & Economy
From R200K to a profit of R100k over two to three months?

[ad_1] CIARAN RYAN: Thousands of individuals have woken up to the advantages of crypto arbitrage. That’s the place you should buy crypto abroad and promote it in South Africa for a greater worth. The crypto premium usually ranges from 1% to 1.5% web of prices, which nonetheless makes it extraordinarily

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Business & Economy
Accra to host timbuktoo AgriTech Pan-African Innovation Hub

[ad_1] Contributor: UNDP Ghana Ghana is ready to host a Pan-African AgriTech Innovation Hub of the brand new and daring innovation initiative, timbuktoo, of the United Nations Development Programme (UNDP). This was introduced in the course of the full of life timXAccra occasion held on the Labadi Beach Hotel. The

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Business & Economy
Stocks come off lows: Markets wrap

[ad_1] An Asian inventory gauge pared a slide Monday however remained within the crimson together with US fairness futures because the Federal Reserve’s dedication to tighter financial settings to quell inflation restrained investor sentiment. MSCI Inc.’s Asia-Pacific share index dipped lower than 0.5% with modest losses evident in most main

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Business & Economy
Sars pours cold water on offshore tax gimmicks 

[ad_1] The previous week was a great one for the South African Revenue Service (Sars), however not for promoters of sure offshore monetary merchandise. Sars issued a really clear ruling that it’s going to strictly apply the regulation, sending a transparent assertion that taxpayers mustn’t fall for fanciful tax advantages

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