aurora
- businessweekly
- February 18, 2020
- 57 views
South Africa’s rand ticks lower as Moody’s stokes downgrade fears
JOHANNESBURG – South Africa’s rand extended losses on Tuesday to touch a fresh one-week low after rating agency Moody’s halved the country’s economic growth forecast, raising fears that the country may lose its last investment-grade rating.
- businessweekly
- February 18, 2020
- 77 views
Zim lauds EU for easing sanctions
The government on Monday welcomed the easing of European Union (EU) sanctions on the country, but reiterated its call for the total scrapping of the the penalties.
- businessweekly
- February 18, 2020
- 30 views
RBZ keeps interest rate at 35pc
The Reserve Bank of Zimbabwe (RBZ) on Monday left the overnight accommodation rate unchanged at 35 percent, and forecast annual inflation to close the year at around 50 percent.
- businessweekly
- February 17, 2020
- 111 views
Free funds to remain untouched: RBZ
The Reserve Bank of Zimbabwe (RBZ) has said will not alter its policy on free funds.
- businessweekly
- February 17, 2020
- 87 views
Can capitalism solve capitalism’s problems?
Capitalism is in trouble – at least judging by recent polls.
- businessweekly
- February 17, 2020
- 58 views
Global shares edge higher on Chinese support measures
LONDON – Global shares rose on Monday as the promise of further policy stimulus to counteract the economic hit from a coronavirus outbreak calmed nervous investors.
- businessweekly
- February 17, 2020
- 73 views
Rand firmer as China rate cut soothes virus anxiety
JOHANNESBURG – South Africa’s rand firmed on Monday, as China stepped in to shield the world’s second-largest economy from the impact of the coronavirus outbreak, lifting global risk appetite.
- businessweekly
- February 17, 2020
- 52 views
China gives Zim reforms a thumbs up
Reforms being pursued by the government to improve Zimbabwe’s investment climate are a step in the right direction and will produce desired results soon, Chinese ambassador to Zimbabwe has said.
- businessweekly
- February 17, 2020
- 27 views
Hippo Valley’s share trading suspension lifted
Zimbabwe Stock Exchange-listed sugar producer, Hippo Valley Estates Limited will have its shares trading again on the bourse effective today after its trading suspension was lifted.
- businessweekly
- February 4, 2020
- 68 views
What Nigeria needs to do to avoid World Bank’s ‘worst case scenario’
In its latest report on Nigeria, the World Bank issued a stark warning: that the country risks becoming home to a quarter of the world’s destitute people in a decade unless policy-makers act to revive economic growth and lift employment. Wale Fatade, from The Conversation Africa, asked Professor Sheriffdeen Tella to explain what can be done to avert such an outcome.