International

4 days ago | May 20, 2022

Vodacom defends appointment of MD

Vodacom Group CEO Shameel Joosub has defended the appointment of Sitholizwe Mdlalose (pictured) as managing director of ...

Sarb hikes repo rate by 50bps

The South African Reserve Bank (Sarb) hiked the repo rate by 50 basis points (bps) on Thursday, the steepest increase ...

Age of scarcity begins with US$1,6tn hit to world economy

The ties that bind the global economy together, and delivered goods in abundance across the world, are unravelling at a ...

Why countries must cooperate on carbon prices

Recent surges in food and fuel costs are hurting households everywhere. The global spike in energy prices since the ...

2 weeks ago | May 13, 2022

Why UN’s New Urban Agenda is needed now

As population density skyrockets, megacities in Africa are likely to suffer the most from climate change. The UN’s New ...

World getting ‘measurably closer’ to 1.5-degree threshold

There is a 50:50 chance of average global temperature reaching 1.5 degrees Celcius above pre-industrial levels in the ...

3 weeks ago | May 6, 2022

Bank of England hikes interest rates

LONDON. — The Bank of England (BOE) yesterday raised interest rates to their highest level in 13 years in a bid to ...

Costly beer and cars?

Consumers seem undaunted by higher prices of everything from luxury cars to beer, letting companies like Anheuser-Busch ...

SEC adds China’s JD.com to list of firms facing delisting risk

The US Securities and Exchange Commission (SEC) added over 80 firms, including China’s JD.com, to a list of entities ...

US Fed hikes rates, Powell signals similar moves ahead

The US Federal Reserve delivered the biggest interest-rate increase since 2000 and signalled it would keep hiking at ...

Surge of investment into carbon credits creates boom for brokers

When a prospective buyer approached a group that restores Myanmar’s endangered mangroves about purchasing the credits ...

Bitcoin’s African outpost raises several red flags

LONDON – Bitcoin’s latest fans are about as far as you can get from Silicon Valley crypto bros. War-torn Central ...

1 month ago | April 22, 2022

Governments need agile fiscal policies as food, fuel prices spike

Just as increasing vaccinations offered hope, Russia’s invasion of Ukraine disrupted the global economic recovery. One ...

Plan to automate taxes puts China ahead of global digitalisation curve

As part of its smart taxation reform plan, China aims to completely digitalise the tax system by 2025. Big data and ...

Personal Income tax has untapped potential in poorer countries

Many governments aiming to achieve a durable economic recovery from the pandemic must raise significant amounts of ...

Fed says high inflation, geopolitics clouding outlook

The US economy grew at a moderate pace through mid-April, but rising prices and geopolitical developments created ...

Hunger in the midst of plenty

Nearly one in three people in the world did not have access to enough food in 2020. That’s an increase of almost 320 ...

2 months ago | March 25, 2022

Women CEOs discuss how they raised US$1m

Women-founded companies in the US raised more money from venture capitalists in 2021 than ever. Reports indicate they ...

2 months ago | March 18, 2022

Nigeria’s Senate passes law tightening money laundering rules

Nigeria’s Senate passed a bill that will amend money laundering regulations, including making it mandatory for lenders ...

Egyptians count rising bread costs

Food costs in Egypt had been already climbing earlier than Russia’s invasion of Ukraine. Now bread, a politically ...