by sundelbolong | Jun 4, 2020 | Business & Finance News
Anglo American-owned diamond miner De Beers is confident of a rebound in diamond demand as markets across the world begin to reopen after lockdown period triggered by the Covid-19 pandemic. “The diamond industry is a highly resilient industry, it’s gone through...
by sundelbolong | May 14, 2020 | Business & Finance News
The United Nations has said that the current fiscal situation brought about by the coronavirus is “tighter now” for most developing countries than it was during the global financial crisis a decade ago. This bodes ill for South Africa, which was already...
by sundelbolong | May 7, 2020 | Business & Finance News
As African countries weigh the consequences of lifting their lockdowns, they should guard against zero-sum policies aimed at saving only lives or the economy, some of the continent’s leading economic think tanks have warned. With 42 African countries currently...
by sundelbolong | Apr 28, 2020 | Business & Finance News
The JSE closed firmer on Tuesday as it played catch up to gains in other global markets after resuming trading following the Freedom Day holiday on Monday. Global markets rallied on the back of optimism that most governments were gearing up to at least partially...
by sundelbolong | Apr 28, 2020 | Business & Finance News
Gold fell as a drumbeat of moves toward reopening economies eroded appetite for havens, with prices sinking below $1 700 an ounce before paring losses as investors counted down to policy announcements from two of the world’s leading central banks. The precious metal...
