Business & Economy
380,000 persons in labour force simultaneously food insecure, poor, and unemployed

[ad_1]   Government Statistician, Professor Samuel Kobina Annim Ghana Statistical Service Releases Maiden Quarterly Reports from the 2022 Annual Household Income and Expenditure Survey (AHIES) on 1st September. Among persons in the labour force (15 years and older) about 380,000 are triple burdened i.e. they’re simultaneously food insecure, multidimensionally poor,

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Business & Economy
Russia mulls big purchases of ‘friendly’ FX to stem rouble’s rise

[ad_1] Russia is contemplating a plan to purchase as a lot as $70 billion in yuan and different “friendly” currencies this yr to sluggish the rouble’s surge, earlier than shifting to a longer-term technique of promoting its holdings of the Chinese foreign money to fund funding. The proposal is amongst

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Business & Economy
The Audi RS 3 Sportback and Sedan: High-performance redefined

[ad_1] Johannesburg, 1 September, 2022 – With the third technology of the Audi RS 3 Sportback and the second technology of the RS 3 Sedan, Audi is relaunching the sporty top-of-the-line pair within the compact high-performance phase. The award-winning five-cylinder engine now has extra torque, making it much more highly effective.

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Business & Economy
Cashbuild revenue dips as DIY trend slows

[ad_1] NZINGA QUNTA: Cashbuild is a retailer of constructing supplies and related merchandise, promoting on to a cash-paying buyer base by 318 retailers. Its outcomes are out in the present day, August 31, 2022. CEO Werner de Jager joins me now. An excellent night to you, and thanks a lot on

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Business & Economy
Understand the true nature of a foreign retirement product

[ad_1] A current ruling by the South African Revenue Service (Sars) has highlighted the significance of aligning with a respected offshore pension fund supplier and understanding the tax and value implications. In the binding class ruling Sars discovered that the foreign pension belief in query was not a pension fund,

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Business & Economy
Plan for SA’s new state power company takes shape

[ad_1] South Africa is forging forward with a plan to create a new state-owned power company by changing three coal-fired vegetation into gas-burning turbines to ease the nation’s power disaster. State power utility Eskom generates most of South Africa’s electrical energy, and has subjected the nation to rolling blackouts since

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Business & Economy
Old Mutual reports rise in earnings, declares dividend

[ad_1] NZINGA QUNTA: My title is Nzinga Qunta, standing in for Fifi Peters [on the SAfm Market Update]. Old Mutual Limited says outcomes from operations are up 87% to R4.1 billion. Chief govt officer Iain Williamson joins me now. An excellent night. Thanks a lot on your time. These outcomes [for

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Business & Economy
Dispute over higher tyre import duties intensifies

[ad_1] South African tyre importers have intensified their dispute with 4 home tyre producers over their utility to the International Trade Administration Commission (Itac) for extra import duties on imported tyres from China. The Tyre Importers Association of South Africa (Tiasa) confirmed on Tuesday that it lodged an utility with

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Business & Economy
Warren Buffett cuts stake in China’s BYD, spurring bets more may come

[ad_1] Warren Buffett’s Berkshire Hathawaytrimmed its stake in BYD Co., simply over a month after hypothesis the legendary US investor was getting ready to shed his total place in the Chinese carmaker despatched its inventory plummeting. Berkshire reduce its holding in BYD’s Hong Kong-listed shares to 19.92% from 20.04% on

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Business & Economy
Stocks, futures up as post-Powell slide subsides: markets wrap

[ad_1] An Asian inventory gauge rose Tuesday as investor sentiment stabilised following a rout sparked by the Federal Reserve’s sign of a sustained interval of restrictive financial coverage to quell inflation. The regional index added 0.5% as a climb in Japan helped to counter a retreat in Chinese tech shares.

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