Source: Reuters. When markets are confronted with uncertainty, there is usually a flight of funds towards safe-haven assets, and when the US dollar starts to appreciate, emerging-market currencies can suffer at the hands of perceptions of risk. With the rand already sensitive to global shifts, ambiguity is now adding to this volatility because of Trump’s…
Source: www.unsplash.com Industry standards Melon Mobile has defended its advertising as reasonable, arguing that the limits set on usage were transparent and fair within industry norms. However, the ARB concluded that such practices do not align with the strict interpretation of “unlimited,” as they imply no restrictions. The dispute centres on Melon Mobile’s advertising on…
Source: Reuters. While South Africa has faced economic challenges, the idea that local equity investments should be avoided in favour of rand-hedge or offshore stocks is flawed. However, the reality tells a different story. Since October 2020, the FINI 15 index, which includes major South African financial firms and Real Estate Investment Trusts (REITs) like…
Sekgoma urged participants to engage actively with presenters during the workshop. THE SADC Parliamentary Forum (SADC) and its partners have convened a workshop aimed at enhancing the monitoring and evaluation framework for the SADC Model Law on Eradicating Child Marriage and Protecting Children Already in Marriage. The workshop kicked off in Johannesburg, South Africa, on…
Sekgoma urged participants to engage actively with presenters during the workshop. THE SADC Parliamentary Forum (SADC) and its partners have convened a workshop aimed at enhancing the monitoring and evaluation framework for the SADC Model Law on Eradicating Child Marriage and Protecting Children Already in Marriage. The workshop kicked off in Johannesburg, South Africa, on…
Source: Reuters. The pivotal and definitive outcome of the historic US elections for control of the White House and the Congress has wide-ranging implications for the US economy and the rest of the world. The American electorate has spoken. The clear focus by President-elect Trump will be mainly on the US economy. While the decisive…
COSMAS Kazuzu, the Zimbabwe Consolidated Diamond Company (ZCDC) truck driver arrested recently for allegedly dropping Vice-President Constantine Chiwenga’s name in a labour dispute, has been granted US$100 bail. COSMAS Kazuzu, the Zimbabwe Consolidated Diamond Company (ZCDC) truck driver arrested recently for allegedly dropping Vice-President Constantine Chiwenga’s name in a labour dispute, has been granted US$100…
Source: Reuters. “Initial market responses to the news today saw the rand weaken, and brought a day of volatility to the fore, influenced by uncertainty over potential shifts in US policies. “The reaction, albeit volatile, does not reflect a “shock” factor, and Trump trade has been priced in over the past few months. We are,…
Zimbabwe National Statistical Agency ZIMBABWE’S national unemployment rate has slightly moved by 1,3% to 890 161 compared to 850 326 recorded in the first quarter as the country’s economic downturn shows no signs of abating, latest Zimbabwe National Statistical Agency (ZimStat) figures reveal. Zimbabwe is facing yet another economic crisis as seen in company closures,…
President Emmerson Mnangagwa A HIGH Court bid to force President Emmerson Mnangagwa to sign into law a charter outlawing the abduction and torture of government critics and activists has been dismissed, with the court saying it cannot compel him to do so. Human rights lawyer Obey Shava had cited Justice, Legal and Parliamentary Affairs minister…
