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FIN 24 – Economy News

News from across the globe, including equities, currencies, commodities and bonds.

, South Africa’s premier site for up-to-date business and finance news, stock market data, economic analysis, personal finance and investment information.

’s breaking news wire service brings you the latest South African, African and international news reports and press updates from newsrooms across the country.

Fin24 Economy

The prospect of higher US interest rates, which the Fed is promising to deliver this year and next, has typically been a recipe for trouble in developing economies.
Posted: January 24, 2022, 10:38 am
The ANC’s national executive committee has resolved that government must look into how to best institute a basic income grant to assist the country’s poor and unemployed, President Cyril Ramaphosa said.
Posted: January 24, 2022, 8:05 am
Goldman Sachs Group economists said they see a risk the Federal Reserve will tighten monetary policy at every policy meeting from March.
Posted: January 24, 2022, 7:01 am
Zimbabwe's central bank and business leaders met Friday to explore ways to halt the plunge of the local currency against the US dollar, the Sunday Mail newspaper reported.
Posted: January 24, 2022, 6:59 am
Although the regular wine drinking population is decreasing and getting older, consumers are becoming more premium product-orientated, says an industry analyst.
Posted: January 23, 2022, 5:00 pm
Hours before the window for lodging objections closes, EU environment and energy ministers meeting in France Friday differed sharply on a European Commission provision that would classify nuclear and natural gas energy as "sustainable".
Posted: January 22, 2022, 6:19 pm
Qatar Airways took a spiralling $4 million-a-day dispute with Europe's Airbus to social media on Friday,
Posted: January 22, 2022, 5:10 pm
Down almost 12% in January, the Nasdaq 100 is on course for its worst month since the 2008 global financial crisis.
Posted: January 22, 2022, 1:09 pm
Aliko Dangote, Africa’s richest man, saw his fortune grow by $1.3 billion (R19.6 billion) in less than a month on the back of surge in the share price of his cement company.
Posted: January 22, 2022, 10:17 am
The applicants are challenging the lawfulness of a reconnaissance permit granted to Searcher last year.
Posted: January 22, 2022, 10:15 am
E-commerce, cryptocurrency transactions and content creators are among new businesses included into the tax bracket in Zimbabwe.
Posted: January 21, 2022, 6:00 pm
A state-of-the-art liquid hydrogen tanker readied for loading in Australia Friday ahead of shipment to Japan, in what Canberra described as a "world first" trial of the technology.
Posted: January 21, 2022, 5:00 pm
Large industrial electricity users and the Minerals Council warn that Eskom’s plant could deteriorate further over the next year, as it plans increase the load factor on plants to keep the lights on.
Posted: January 21, 2022, 3:15 pm
When it comes to tackling climate change, South African companies are in some ways performing better than their global peers, a study by Deloitte shows.
Posted: January 21, 2022, 3:00 pm
Manufacturing of chlorine by NCP Chlorchem has stabilised and there are enough molecules available so that drinking water at municipalities it supplies will not be impacted.
Posted: January 21, 2022, 2:29 pm
LONDON, Jan 21 - People should get to work in offices to benefit from in-person collaboration because the world must learn to live with the coronavirus after a pandemic that has wiped trillions of dollars off global output, Britain's business minist
Posted: January 21, 2022, 1:19 pm
The municipality’s accounts were frozen after a court granted Eskom access in December to recoup debt totalling R105 million.
Posted: January 21, 2022, 12:24 pm
The expansion will help 'Africa to become a world leader in genomics surveillance' said Tulio de Oliveira, who heads the Centre for Epidemic Response and Innovation.
Posted: January 21, 2022, 12:06 pm
Marie Françoise Marie-Nelly, the World Bank’s director for SA said the loan would provide relief 'from the impacts of the most serious economic crisis South Africa has experienced in the past 90 years, while tackling long-standing challenges to growth and development.'
Posted: January 21, 2022, 9:01 am
The engineers aboard the floating power station on Lake Kivu could only watch nervously as the volcano in the distance erupted violently, sending tremors rumbling through the water beneath them.
Posted: January 21, 2022, 5:00 am
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