Business & Economy
Why the IMF visits and what to watch out for

[ad_1] In most wealthy international locations the information {that a} mission from the International Monetary Fund (IMF) is coming to go to is met with indifference. But, in most African international locations the information may cause nice consternation. Why the distinction? History has quite a bit to do with it.

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Business & Economy
Simplifying the complexities of retirement annuities

[ad_1] The future seems vibrant for the subsequent era of retirees – we’re dwelling longer, with the quantity of South African centenarians rising yearly. It is anticipated that Africa’s inhabitants of older adults will greater than triple, from 46 million in 2015 to 157 million by 2030 (WHO 2015). We’re

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Business & Economy
Russia’s Economy Contracts Sharply as War and Sanctions Take Hold

[ad_1] The Russian economic system contracted steeply within the second quarter as the nation felt the brunt of the financial penalties of its warfare in Ukraine, in what consultants imagine to be the beginning of a yearslong downturn. The economic system shrank 4 p.c from April via June in contrast

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Business & Economy
Why South Africans should invest in UK property

[ad_1] Offshore property investment affords you the chance to personal a bit of the UK, Europe or different elements of the world. Owning property exterior your nation of residence can have many benefits, comparable to forex hedging, diversification, beneficial rates of interest and the chance to purchase in areas the

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Business & Economy
For Electric Vehicle Makers, Winners and Losers in Climate Bill

[ad_1] The climate and energy package awaiting closing approval by Congress goals to realize two targets that aren’t at all times appropriate: Make electrical automobiles extra inexpensive whereas freezing China out of the availability chain. Auto trade representatives have been griping that the proposed $7,500 tax credit for electrical automobile

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Business & Economy
[TOP STORY] Inflation’s impact on emerging markets

[ad_1]  SIMON BROWN: I’m chatting with Rami Hajjar, fund supervisor at [the Allan Gray Africa ex-SA Equity Fund]. Rami, I respect the time at present. Let’s kick off [with] inflation on the remainder of the continent. We’re speaking Africa excluding SA. How are we seeing inflation impact on markets

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Business & Economy
Paying off your bond vs investing: What to consider

[ad_1] BOITUMELO NTSOKO: Welcome to the Money Savvy Podcast. I’m Boitumelo Ntsoko. With rates of interest rising many individuals are questioning whether or not to put all their further funds into their bond or to make investments them. Joining us on this episode to share her ideas on the subject

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Business & Economy
Strong customer growth boosts MTN profit

[ad_1] FIFI PETERS: Telecommunication inflation has been one of many slowest rising gadgets in South Africa’s client inflation baskets. In truth, there’s been deflation in some areas. Today MTN launched its first-half outcomes. The firm mentioned that information prices throughout its market had fallen over 22% within the six months

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Business & Economy
Construction on KZN’s new mini city Westown to finally begin

[ad_1] Developers Fundamentum Property Group and JSE-listed Tongaat Hulett finally broke floor on Westown, a new mixed-use mini city west of Durban in KwaZulu-Natal (KZN), with a ceremonial sod-turning on Thursday, nearly 4 years after they introduced plans for the preliminary growth. The multi-billion-rand growth deliberate for land underneath sugarcane

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