South African stocks have just closed out their strongest first half in 14 years, and investment banks are placing heavy bets on further gains for 2021. With a 12% climb in the first six months of the year, the benchmark FTSE/JSE Africa All Share Index emerged as one of the best-performing stock markets across developing …
While you were asleep: Investing in shares: A good bet this Savings Month? Read More »
Are big corporates genuinely serious about climate change? Unearthed, Greenpeace UK’s award-winning journalism project, exposed how America’s biggest oil company, ExxonMobil had been working to weaken key aspects of President Joe Biden’s flagship initiative on climate change, despite publicly claiming to support the Paris climate agreement. A senior lobbyist for Exxon described to an undercover reporter Biden’s …
While you were asleep: Climate change – does anyone really care? Read More »
“Resistance” is the only way forward, Umkhonto we Sizwe Military Veterans Association (MK) spokesperson Carl Niehaus told Business Day after former president Jacob Zuma was sentenced to 15 months in jail in a momentous judgment by the Constitutional Court. Although Zuma’s exact whereabouts are sketchy – some of his family say he’s in Nkandla and others hint he’s still …
While you were asleep: From resistance to giving up – waiting for Zuma’s next move Read More »
In a rare interview following the disappearance of the brothers Cajee of Africrypt, older sibling Raees (21) told the Wall Street Journal that the crypto firm’s portfolio was never as remotely as big as the $3.6bn (R51bn) investors claimed to have vanished. He told the WSJ’s Anna Hirtenstein that less than $5m (R71.3m) of the …
Last night, President Cyril Ramaphosa announced that the huge spike in cases brought on by the third wave had forced his hand into moving the country into a Level 4 lockdown. The president announced that under the Level 4 guidelines restaurants would only be allowed to operate for take-away service while there is a total …
Opinions of the Day: SA enters an adjusted Level 4 lockdown Read More »
The world is racing to contain the spread of the highly contagious Delta strain of the Covid-19 virus, with South Africa, Australia and Thailand among the latest countries enforcing lockdowns and placing parts of the countries on high alert. President Cyril Ramaphosa raised South Africa’s lockdown to Alert Level 4 as a deadly third wave …
Africa Oil Week 2021, originally scheduled from 1-5 November in Cape Town, is no longer to be held on African soil, reports the Heartland blogsite. AOW said on its website that it has after “careful evaluation of government guidelines and consultation with our customers”, decided to move the event to Dubai and reschedule it for 8-11 November. The shock …
While you were asleep: Africa Energy serves an ace on (out of Africa) Oil Week Read More »
The devasting third wave of the coronavirus pandemic is claiming more lives and infecting more people than hospitals in Gauteng can keep up with, writes Pieter du Toit for News24. Du Toit speaks with an anonymous nurse at a top private hospital in Johannesburg who told him that the third wave was far more deadly …
Opinions of the Day: An inside look at a Gauteng ICU Read More »
Bitcoin is having everyone on edge. While it recovered from a dramatic rout that briefly wiped out gains for the year a day before, the cryptocurrency staged a comeback. And as global regulators are stepping up scrutiny of the crypto industry, South African investors saw their boon turn to bane after the owners of their …
While you were asleep: R51bn Bitcoin boon turns to bane for local investors Read More »
UCT Prof Jonny Meyers and Wits Prof Shabir Madhi penned their insights for Business Day on the three main factors for the third wave of infections were and what the province now needs to do to avert a full-blown health crisis. And we may well have entered that crisis already, in Financial Mail’s editorial today …
Opinions of the Day: What can Gauteng do to stop the spread of COVID-19? Read More »
