Category: BUSINESS
Analysts predict 25 basis points rate hike – SABC News
Analysts expect the South African Reserve Bank’s Monetary Policy Committee (MPC) to increase interest rates by a quarter of a percent when it announces its decision on Wednesday amid inflationary
Read MoreFed, BoE probe banks’exposure to trading firms after Jane Street loss
The US and UK central banks have asked global banks about their exposures to large trading firms after turmoil at a hedge fund caused large losses at proprietary trading firm
Read MoreRand relatively steady ahead of SARB rate decision
Markets are finding firmer footing as greater clarity around the US Federal Reserve’s rate path boosts investor confidence. The picture for the rand is slightly more challenging with higher US
Read MoreYen slips as intervention threat persists, dollar steady – SABC News
The Japanese yen weakened on Monday after volatility late last week put traders on alert for possible currency intervention, while a series of rate hikes and hawkish signals from central
Read MoreFree State Economic Development Dept funding applications opened
The Free State Department of Economic Development and Tourism has opened applications for its 2026/27 business funding incentives. The programme targets qualifying spaza shops, small and medium enterprises and cooperatives
Read MoreFishermen on Cape West Coast benefit from SANParks training
Small-scale fishing cooperatives and businesses along the Cape West Coast have been given a boost through a SANParks skills development initiative. Twenty fishermen from Saldanha Bay and surrounding communities have
Read MoreTribunal sets aside R85m SAA lease deal
The Special Tribunal has set aside a 2019 extension of the South African Airways (SAA) dry-lease agreement with Flyfofa Airways for a Boeing 737- 300 freighter. The tribunal found that
Read MoreGolden Arrow bus fares to increase by 4.5%
Golden Arrow Bus Services is set to increase certain cash fares by an average of 4.5%, effective from the 28th of this month. The company says the increase will not
Read MoreSA consumer confidence rebounds in third quarter: Report – SABC News
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Read MoreFed raises rates in search of ‘timelier’ drop in inflation – SABC News
The United States’ Federal Reserve raised interest rates on Wednesday and flagged more hikes in the coming months, with new US central bank chief Kevin Warsh joining a unanimous decision
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