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World

Brexit 'divorce deal' in sight as negotiators wrestle with the details

Oct 13 2019 07:45

The UK and European Union signalled a Brexit deal is in sight, with negotiators heading into intensive talks in Brussels as a potential compromise over the Irish border starts to emerge.

World

US Fed unveils new steps to boost liquidity, manage rates

Oct 13 2019 07:50

The Federal Reserve on Friday announced a new program to boost liquidity in the US financial plumbing and allow the central bank to better manage interest rates, but without changing monetary policy.

Opinion

Trump’s fixation on buttressing $1.trn in company profits

Oct 13 2019 21:02

US President Donald Trump, under siege from House Democrats weighing impeachment, suffered a stinging blow as a federal appeals court upheld a subpoena ordering his accountants to provide Congress with his financial records.

South Africa

SARS seizes R1.3m of fake Nikes, Bok jerseys

Oct 12 2019 12:18

A total of R1.3m worth of counterfeit goods were seized at Rawsonville weigh bridge near Cape Town yesterday, including several hundred Springbok rugby jerseys.

Eskom

Nersa hits back at Eskom court bid: We are confident in our decision

Oct 12 2019 11:19

The National Energy Regulator of South Africa has responded to Eskom's announcement that approached the North Gauteng High Court to challenge a decision to grant it a lower tariff increase, saying it is confident the decision had a solid basis.

Africa

It's official: Hyperinflation has returned to Zimbabwe

Oct 12 2019 13:40

Zimbabwe is now a hyperinflation economy, according to the Public Accountants and Auditors Board, which is mandated to regulate auditing and accounting standards in the southern African country.

Africa

The climate change threat to Victoria Falls

Oct 12 2019 07:15

Receding water levels at Kariba Dam have meant the two countries that generate electricity from it have to look elsewhere for power supplies. But if climate change has its way, the two countries might lose another key economic contributor and major tourist attraction - Victoria Falls.

Economy

Zimbabwean company sows first legal hemp seeds

Oct 11 2019 20:07

A Zimbabwean company planted the country's first authorised hemp crop on Friday at a prison in the capital Harare after the production of industrial cannabis was legalised last month.

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