Rand remains under pressure

JOHANNESBURG - The rand was slightly weaker against the dollar yesterday and will probably remain under pressure from continuing nervousness about emerging markets.The rand was at R11,1900 to the doll...

By Reuters | Published: 04 February 2014


Mandela banknotes defective

Johannesburg - An important security feature on the new Mandela banknotes – which were rolled out in November last year - has been found to be defective, the Sunday Times reported on Sunday.The sec...

By Sapa | Published: 08 July 2013


SA Rand set for more weakness

South African government bonds retreated further on Thursday while the rand drifted near the previous session's four-day lows against the dollar, with pressure on riskier assets likely to persist ahe...

By Reuters | Published: 08 July 2013


IMF board approves loan for Mali

Washington - The IMF's executive board on Monday approved $15.1 million for Mali to support its economic programme and help the strife-torn West African nation re-engage with other donors, the Fund sa...

By Reuters | Published: 11 June 2013


Africa experiencing surge in sovereign funds

SINGAPORE - Africa is experiencing the strongest growth in new sovereign wealth funds in the world as its nations are amassing commodity revenues and foreign-exchange reserves, JP Morgan Asset Managem...

By Klaus Wille and Paul Burkhardt | Published: 11 June 2013


African ministers of industry to convene on post-2015 development agenda

ADDIS ABABA, Ethiopia - The 20th Ordinary Session of the Conference of the African Union Ministers of Industry (CAMI) will take place in Nairobi, Kenya from 10-14 June, 2013. Organized under the the...

By Moyo Roy | Published: 10 June 2013


'Relax visa rules to unlock intra-regional trade and economic growth'

AFRICAN Development Bank vice president and chief economist Professor Mthuli Ncube says visa requirements in Africa are among the factors restricting intra-regional trade and economic growth.Professo...

By Business Reporter | Published: 10 June 2013


2013 finalists for African innovation announced

Ten African innovators have developed practical solutions to some of the continent's most intractable problems.Chosen from more than 900 applications from 45 countries, the finalists for the Innovati...

By Kofi Adu Domfeh | Published: 05 June 2013


Egyptair resumes Zimbabwe flights

Egypt's national carrier, Egyptair, resumes flights between Harare and Cairo in June after a nine year absence,  and is offering a 20 percent discount on ticket purchases between April 8 to 30 ...

By Business Reporter | Published: 10 June 2013

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