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BusinessNews

South Africa Moves to Strengthen Energy Security with Mandatory Fuel Stock Proposal

South Africa is moving to strengthen its energy security through a proposed policy that would require both government and private fuel companies to...

BusinessNews

Nigeria and Czech Republic Chart a Bolder Path for Bilateral Cooperation

Nigeria and the Czech Republic are moving to take their longstanding diplomatic relationship to a new and more structured level, with both governments...

BusinessNews

JP Morgan Predicts Gold Could Reach $6,300 as Prices Retrace from Recent Record High

JP Morgan said late on Sunday that it expects strong demand from central banks and institutional investors to drive gold prices higher, projecting...

BusinessNews

South African Central Bank Chief Economist Christopher Loewald to Retire Early

The South African Reserve Bank (SARB) announced on Friday that its chief economist, Christopher Loewald, will be taking early retirement effective March 1,...

BusinessNews

Gold Surges Toward $5,600 as Investors Flock to Safe Havens

Gold prices surged on Thursday, hovering just below $5,600 an ounce, as investors sought refuge amid escalating geopolitical tensions and global economic uncertainty....

BusinessNews

Copper Hits Record High Amid Metals Rally

Copper prices surged to an all-time high on Thursday, driven by a broad rally in metals markets, fueled by investors’ growing appetite for...

BusinessNews

Global Markets Surge as Stocks Hit Record Highs, Gold Breaks 5000 Dollars and Investors Eye Fed Decision

World financial markets surged to fresh highs on Monday as a powerful rally in global equities coincided with a historic breakout in gold...

BusinessNews

Asian Markets Reach Record Highs as Earnings Optimism Clashes With Tariff Fears

Asian share markets climbed to a fresh record on Tuesday, buoyed by optimism surrounding a wave of upcoming earnings from major US corporations,...

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Vodacom Raises Medium-Term Growth Targets Following Safaricom Transaction

South Africa’s Vodacom has raised its medium-term financial targets following the completion of its transaction involving Safaricom, signaling confidence in the group’s long-term...

South African Rand Recovers as Investor Sentiment Improves

The South African rand recovered part of its recent losses as improved investor sentiment and cautious trading supported the currency in the lead-up...