The World Bank has priced a $120m spekboom restoration bond in South Africa’s Eastern Cape, linking investor returns to ecosystem recovery
The commission says the case highlights the difficulty of prosecuting global and domestic cartels that exploit legal loopholes to delay proceedings
The deputy finance minister also says liberalising the energy sector is key to growing the economy
The finance minister has to close the jaws of the hippo and he’s likely to do this by tightening the country’s belt, again.
Solar and wind farms on shuttered coal mines in Mpumalanga would liberate us from Eskom
Life-changing impacts that benefit the poorest
Leaders of companies who instil purpose and compassion are lauded
Standard Chartered pleaded guilty to currency manipulation (which included the rand) between 2007 and 2013
With investors already on edge over the China-US trade war, the lira’s collapse sparked a sell-off in Europe and New York at the end of last week
Several banks allegedly agreed from at least 2007 to collude on prices for bids in relation to currency trading involving the dollar and rand pairing.
Consumer Price Inflation exceeded the Reserve Bank’s target band of 3% to 6% for the third time in .
Inflation in Africa’s second biggest economy has bust out of the Reserve Bank’s target band again in May.
The unemployment rate fell to 24.1% or 50 000 according to Statistics South Africa data released on Tuesday.
Greece has adopted more austerity measures to secure a bailout instalment, and the IMF warned Europe’s debt crisis is putting banks’ capital at risk.
Mounting fears over the possibility of a Greek debt default and signs of division within Europe’s policymaking circles sent bank stocks sharply lower.
A piecemeal ban on short-selling of financial stocks in Europe sparked a rush of alternative proposals from countries and regulators.
Italy’s former central bank governor Antonio Fazio has been sentenced to four years in jail for market-rigging related to a 2005 takeover battle.
Deepening fears about the financial crisis in Europe and doubts about a $700-billion United States rescue sent global stocks plummeting on Monday.
President Thabo Mbeki faces an uphill battle to remain politically relevant in his last year in office after his failure to contain an eruption of violence that has killed dozens…
Despite sagging global growth, soaring oil prices and the threat of renewed turmoil hanging over share markets, Europe appears to have managed so far to weather the storm…