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Economy
Global markets breeze higher on growth outlook
Date:Sep 21, 2018
Global stock markets rose Friday as optimism on the US economic outlook outweighed lingering trade war worries, dealers said.
IBM to develop SA start-ups through accelerator
Date:Sep 21, 2018
IBM South Africa has launched a startup accelerator in partnership with Tshimologong Digital Innovation Precinct.
Morocco’s CPI drops to 1.7% in August
Date:Sep 21, 2018
Morocco’s annual consumer price inflation dropped to 1.7% year-on-year in August from 2.1% in July, the High Planning Commission said on Friday.
SA union signs wage deal with AngloGold
Date:Sep 21, 2018
South Africa's National Union of Mineworkers signed a three-year wage deal with AngloGold Ashanti on Friday, inking the same agreement that other unions reached with the company earlier in the week.
Cuba, South Africa eye to strengthen economic relations
Date:Sep 21, 2018
Cuba and South Africa should strengthen economic and trade relations to the same level as the strength of their political relations, according to Cuba’s National Assembly Speaker, Esteban Lazo Hernande.
Crypto currencies Jump as Ripple takes flight
Date:Sep 21, 2018
Cryptocurrencies surged on Friday as optimism surrounding Ripple Labs plans for using a digital coin spread, lifting peers that have lost more than $600 billion of value since January.
SA unveils raft of reforms to revive moribund economy
Date:Sep 21, 2018
President Cyril Ramaphosa on Friday unveiled a raft of measures as part of an economic stimulus plan to boost investor confidence after South Africa entered a recession in the second quarter of this year.
Kenya President signs finance bill with contested new taxes into law
Date:Sep 21, 2018
Kenyan President, Uhuru Kenyatta, has signed a new Finance Bill into law, officially introducing a series of new taxes, including one on fuel, which have led to public anger and strikes.
Asian markets pick up Wall St baton to end week on a high
Date:Sep 21, 2018
Asian markets enjoyed another day of strong buying on Friday, helping them to end the week with a flourish as investors looked past the China-US trade row to focus on the booming American economy.
SA repo rate remains unchanged
Date:Sep 21, 2018
The South African Reserve Bank’s Monetary Policy Committee has kept the repo rate unchanged at 6.5% as expected.
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