US inflation stays at a 40-year high which will have a knock-on effect on interest rates in SA, and Mzansi's municipalities owe Eskom a staggering R40 billion.
Eastern Cape citrus farmers lose millions over protest action, Standard Bank names its first black female chair, and a call for the government to remove red tape holding back economic progress.
Do you trust the government? Apparently not - but you do trust Gift of the Givers, jet fuel is running low at O.R. Tambo, and it looks like another rough week for the markets.
The US markets record their worst day since 2020, this has a knock-on effect on the JSE, April has been a tough month for investors - it looks like May will be more of the same.
VW Polo reaches an export milestone, manufacturing sentiment is down following the devastating KZN floods, and the reintroduction of load shedding adds pressure to an already burdened economy.
The Durban shipping industry interrupted due to the devastating KZN floods, Capitec doubles its dividends, and a recession by the end of the year is predicted for the US.
SA's aviation industry is taking strain, the markets remain under pressure as Russia threatens an assault on the Donbas region, and Macron secures a narrow win in the first round of presidential elections.
The move away from coal is predicted to cost SA trillions, the search is on for a new Head of Treasury, and the Competition Commission warns that food processors might push prices up unduly on the back of the war in Ukraine.
Sibanye is standing firm on its wage offer as the strike on its mines enters its second month, Mantashe paves the way for 2,600MW of renewable energy, and the global markets have another torrid 24 hours.
Global markets are down with MTN being one of the biggest losers on the JSE, a recession in America is predicted, and South Africa continues to ignore warnings to slow down on coal power generation.
New vehicle sales are up, well-known former Uitenhage and Gqerberha VW boss to now head the brand globally, and relief as the state of emergency is scrapped.
Moody's cites an improvement in SA's fiscal position, the World Trade organization says a food crisis is brewing, meanwhile, the markets remain relatively stable.
Relief at the pumps as the fuel levy is slashed, while across the pond Biden has authorized the release of a million barrels of stockpiled oil, and the rand, local stocks, and bonds deliver some good returns.
Chris Buchanan standing in for Gibbons reports that the pressure is on for a tax holiday on fuel prices,unemployment figures still staggeringly high, and the markets more buoyant following an easing of tension between Russia and Ukraine.
Renergen seals R1bn investment from the state-owned Central Energy Fund and Telkom continues court action despite Spectrum win. (Chris Buchanan was standing in for Gibbons).
28 Mar 2022
2 min
800 – 820
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