This history of currencies suggests the US dollar’s dominance may fade …
But it will happen slowly.
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Czech billionaires play outsized role in European M&A market
Growing foreign acquisitions by Czech investors are reshaping the country’s economy and boosting income from assets held abroad.
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Citi drops rand bet
After South Africa’s surprise repo rate hold.
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Economy | Financial Sector Conduct Authority | financial services provider | FSCA | Markets | South Africa
FSCA launches investigation into PIC
Regulator says ‘events over recent months raise serious questions’ around whether ‘governance, integrity, accountability and conduct’ standards ‘are being upheld’ at the PIC.
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Suid-Afrikaners betaal R90 miljard per jaar om met kontant te kan betaal
Pradeep Maharaj, uitvoerende direkteur van die Reserwebank se betaalstelselmoderniseringsprogram, verduidelik wat die bank se betaalstelselmoderniseringsprogram behels, hoe beduidend die gebruik van kontant steeds in Suid-Afrika is, en wat die koste daarvan is om met kontant te betaal.
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central banks | Economy | energy prices | federal funds | FOMC | inflation
US Fed holds rates steady
Officials split on whether they will rise, remain steady or be cut this year.
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Positive move: Moody’s ‘upgrades’ South Africa’s outlook
‘This makes South Africa the only G20 nation currently on a positive outlook from Moody’s,’ says National Treasury.
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Could the Strait of Malacca be the next global flashpoint?
With no viable alternatives, disruption to Malacca could trigger major shocks to global trade and energy flows.
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Democracy | Economy | food insecurity | Freedom Day | Inequality | National
Ramaphosa calls for ‘real change’ as SA marks 32 years of democracy
South Africa’s democracy must be measured by its ability to improve people’s daily lives, President Cyril Ramaphosa said on Monday as the country marked 32 years since its first democratic elections. Delivering the Freedom Day address in Bloemfontein, Ramaphosa said the promise of freedom must be reflected in “material change in people’s lives”. Dignity depended…
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Democracy | Economy | food insecurity | Freedom Day | Inequality | National
SA marks 32 years of democracy amid deep inequality and joblessness
South Africa’s democracy will, on Monday, mark 32 years since the country’s first democratic election, which ended apartheid rule and ushered in a constitutional order built on promises of equality, freedom and rights for marginalised communities, alongside the rule of law. Since 1994, the Constitution has entrenched a wide-ranging set of civil, political and socio-economic…