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‘SA can’t pull itself up by its bootstraps. There isn’t money’: Why global losses worry local experts

by sundelbolong | May 26, 2020 | Business & Finance News

South Africa is likely to see long-term economic damage and “deep scarring” on unemployment numbers unless urgent reforms are implemented to attract foreign investment and improve ease of doing business. This is because there simply isn’t enough...

Global stock markets climb on hopes of further lockdown easing

by sundelbolong | May 25, 2020 | Business & Finance News

Global stock markets climbed Monday, buoyed by the prospect of further easing of coronavirus lockdowns despite sharp increases in case rates in some countries such as Brazil. On the downside, an upsurge in Sino-US tensions, especially over Chinese plans to introduce a...

FIN24 SPEAKS | Where will South Africa stand as the East takes the lead in global politics?

by sundelbolong | May 22, 2020 | Business & Finance News

We’re currently experiencing serious technical problems on the site, and as a result are unable to update the news – even though our market data is running as per normal. We sincerely apologise for any inconvenience caused and hope to be up and running again this...

IMF: Previous warnings of global economic contraction were too optimistic

by sundelbolong | May 9, 2020 | Business & Finance News

The head of the International Monetary Fund said Friday that previous estimates for the world economy to contract by three percent this year were too optimistic. IMF Managing Director Kristalina Georgieva, during a video-linked conference in Florence, said that...

Markets wrap | JSE retreats as global markets fret over economic growth

by sundelbolong | May 4, 2020 | Business & Finance News

Global markets including the JSE tumbled on Monday as pessimism over the state of the global economy remained rife. In Hong Kong, the Hang Seng tumbled 4.18% while the Nikkei and the Shanghai Composite Index were closed. Deep losses were recorded across most European...
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