by sundelbolong | Jun 1, 2020 | Business & Finance News
The head of economic transformation in South Africa’s ruling party proposed a range of measures to bolster the economy, ranging from encouraging the use of pension funds and the central bank to finance infrastructure spending to the creation of a state bank and...
by sundelbolong | May 29, 2020 | Business & Finance News
A shortage of diesel fuel in South Africa will ease up in a few weeks when about 30% of its refining capacity, idled because of a drop in demand spurred by the Covid-19 lockdown, will return to service. Sasol and Total SA shut the Natref refinery in April after the...
by sundelbolong | May 24, 2020 | Business & Finance News
Investec Chief Executive Officer Fani Titi saw a sign of things to come when he dropped by the bank’s headquarters last week. The usually buzzing escalators that criss-cross the four-story building in Sandton, South Africa’s business capital, were eerily...
by sundelbolong | May 23, 2020 | Business & Finance News
S&P Global Ratings has maintained South Africa’s sub-investment grade, warning that the impact of Covid-19 could see the economy shrink by 4.5% this year. According to a report released on Friday, the country’s long term foreign and local currency debt...
by sundelbolong | May 22, 2020 | Business & Finance News
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