balance sheet | central banks | Economy | FOMC | inflation | interest rates
US Fed cuts rates by another quarter point
Decision supported by slower job gains and moderate economic growth, though inflation remains above Fed’s 2% target.
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Trade negotiations with the US now ‘based on text’ – Ramaphosa
Which he characterises as progress toward getting an agreement nailed down.
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MaMkhize’s designer alcohol drinks go on auction
Hundreds of bottles of designer champagne, whisky, and wine belonging to MaMkhize – real name Shauwn Mkhize – will go on auction next month. The businesswoman and reality TV star has had many of her assets sold to pay off her R40 million SARS debt. In her new role as Mbabalane Highlanders AM soccer boss,…
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Afrikaner refugees | emigration | News | UK News | USA News | World News
How many South Africans live in the UK, Australia, USA?
The UK, Australia and the USA have the largest populations of South African diaspora. Emigration patterns are notoriously difficult to track, and third-party sources like the United Nation’s (UN’s) “migrant stock” data are said to offer the most reliable estimates. Statistics SA does publish a Migration Profile Report, while Aussie Home Affairs, US Homeland Security…
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Hawks interfered in Molefe arrest, says political killings task team member
The forensic evidence team leader of the political killings task team told the Mandlanga commission that the Directorate for Priority Crime Investigation (the Hawks) interfered in the arrests of murder co-accused Katiso Molefe and Vusimuzi “Cat” Matlala. Maxwell Wanda said that, during a takedown operation at Molefe’s Sandhurst residence in Gauteng, a group of Hawks…
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Online gambling banned in South Africa
The National Gambling Board has welcomed a recent Supreme Court of Appeal ruling, which it said affirms its position that interactive gambling is illegal in South Africa.
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Cell C price increases in South Africa
Postpaid tariff plan prices are increasing by as much as 11%, while the prices of certain insurance products are going up 15%.
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Microsoft launches AI partnership to empower TVET educators and students
The rapid advancement of artificial intelligence (AI) is set to reshape the global workforce by 2030, with projections indicating that 70% of the skills required for existing jobs will change. Even more striking, 30% of current jobs may no longer exist by then. These insights were shared at the launch of a transformative new initiative…
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Heads roll at Zimbabwe’s power utility over Mnangagwa Sona blackout
The Zimbabwe Electricity and Distribution Company suspended its managing director after a power outage in parliament on Tuesday, during which President Emmerson Mnangagwa delivered 10 minutes of his State of the Nation address (Sona) in the dark. Abel Gurupira will go on effective forced leave, the power company said in an internal memo. However, he…
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Auditor-General of South Africa (AGSA) | Business Rescue Practitioners | Government | Independent Communications Authority of South Africa (ICASA) | mail delivery standard | Post Office
Post Office’s mail delivery measuring system in the spotlight
The Post Office has explained how it measures its domestic mail delivery performance.