eNCA Money – Business News
eNCA Money – Business News – Latest news updates from around Africa
eNCA is South Africa’s most trusted independent TV and online news brand. It launched on June 1st, 2008 to become the country’s first 24-hour television news service.
Finance Minister, Malusi Gigaba, wrapped up his visit to the International Monetary Fund and World Bank Spring meetings in Washington DC, before meeting with Moody’s.
US crude futures fell below $50/barrel for the first time in more than 2 weeks on renewed fears that increasing US production will thwart OPEC's attempts to reduce the global glut.
Opinion polls suggest that France's election will likely come down to a second-round duel between independent centrist Emmanuel Macron and Marine Le Pen.
Malusi Gigaba says a ratings downgrade from Moody's is likely.
The local currency has shown resilience throughout the week following the Cabinet reshuffle which led to slump in the local currency and a credit rating downgrade.
Analysts said the report was positive overall but it was still unclear when the ECB might end its massive stimulus programme after years of pumping cheap money into the economy.
The government has adopted the principle of the polluter pays to fast-track implementation of the National Environmental Management: Waste Act.
Sanral is gearing up to go to court, seeking default judgments against hundreds of thousands of motorists refusing to pay.
Clicks, which now has 600 stores, also grew its pharmacy network to over 450 outlets in the past 6 months.
A known terror suspect shot dead a French policeman and wounded two others Thursday on Paris's Champs Elysees days before a presidential election..