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Rand extends gains before business confidence, retail sales data

The South African (SA) Rand extended its gains in early trade on Wednesday, boosted by a weaker Dollar ahead of the release of a domestic business confidence index and retail sales figures later in the day.

Nvidia, AMD to pay 15% of China chip sale revenues to US

Nvidia and AMD have agreed to give the United States (US) government 15% of revenue from sales to China of advanced computer chips like Nvidia’s H20 that are used for artificial intelligence applications, a US official told Reuters on Sunday.

Wall Street set for higher open following Friday’s dramatic selloff

Wall Street’s main indexes were poised for a higher open on Monday after a sharp pullback in the previous session, as markets priced in prospects of deeper rate cuts by the Federal Reserve following a surprisingly soft jobs report

SA faces 30% US tariff after failing to reach trade deal

South Africa (SA) faces a 30% tariff on its exports to the United States (US) starting next week, a move expected to cost tens of thousands of jobs after the country failed to secure a trade deal before a deadline set by US President Donald Trump.

Sierra Leone chimp refuge shuts doors to tourists to protest deforestation

The eco-lodges and tree-covered footpaths of West Africa’s largest chimpanzee refuge have been devoid of tourists for more than two months as its founder stages a protest about rampant deforestation in Sierra Leone.

SA central bank lowers inflation goal without Minister’s sign-off

South Africa’s (SA) central bank said on Thursday it would now aim for 3% inflation, not 4.5%, despite the Finance Minister not yet signing off on a formal target change, as it lowered its main lending rate again.

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FINANCE

FINANCE

Rand extends gains before business confidence, retail sales data

Nvidia, AMD to pay 15% of China chip sale revenues to US

Wall Street set for higher open following Friday’s dramatic selloff

SA faces 30% US tariff after failing to reach trade deal

Sierra Leone chimp refuge shuts doors to tourists to protest deforestation

SA central bank lowers inflation goal without Minister’s sign-off

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