Bold Predictions for the Rest of the 2022-23 Premier League Season

Somehow, after what feels like the longest season in existence, we are closing on the end of the 2022-23 Premier League. Some teams have 10 games left, others have 11,…

ECB raises rates in inflation fight

FRANKFURT— The European Central Bank raised interest rates by 25 basis points to 3,25 percent as expected yesterday and said it would stop reinvesting cash from maturing debt in its…

Oil stable after smaller ECB hike, demand woes linger

Oil prices were stable after the European Central Bank (ECB) decided on Thursday to slow interest rate hikes, but were unable to claw back much of this week’s more than…

China takes yuan global, repels weaponised dollar

China is putting the yuan front and center in its fight back against the US’s unique influence over global money. President Xi Jinping’s government has been busy striking deals over…

US oil firm wants stability assurances to resume operations in Mozambique

The general director of Exxon Mobil Mozambique says his company needs long-term stability in Cabo Delgado province before it can think of restarting a $30 billion liquefied natural gas project…

Pick n Pay misses dividend estimates as power costs increase

Pick n Pay missed dividend estimates as South Africa’s third-largest grocer incurred extra costs to keep the lights on at its stores amid nationwide load shedding. Lower profits and implementation…

SA Treasury tackles creeping culture of municipal non-payment

National Treasury’s plan to provide debt relief to overstretched municipalities should hit two targets at once by reducing debt at local government level and Eskom. Treasury outlined its new debt…

Key energy plan will be developed in a year’s time, says Ramaphosa

President Cyril Ramaphosa has issued a gazette indicating a key section in law – which will allow the long-awaited Integrated Energy Plan to be developed – will come into effect.…

Zim turns to BRICS bank for funding

Business Writer Zimbabwe intends to join the New Development Bank (NDB), the multilateral bank set up by the vibrant BRICS states, to expand sources of capital for infrastructure development, according…

Excess liquidity driving Zim-dollar depreciation

Tapiwanashe Mangwiro Zimbabwe has been all about the parallel market exchange rate talk in the past three months after the local currency depreciated sharply against the greenback due to excess…

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