FINANCE

FINANCE

Stay informed with the latest updates from South Africa and around the world. Our news section covers a wide range of topics including politics, social issues, crime, environment, global affairs, and human interest stories.

Bets hedged amid hopes for gold price to reach $5 000 mark soon

The price of gold has risen to a new high above $4 300 an ounce this morning to $4 364 an ounce, up $131 from yesterday morning’s price of $4 233 per ounce||The price of gold has risen to a new high above $4 300 an ounce this morning to $4 364 an ounce, up $131 from yesterday morning’s price of $4 233 per ounce

Egypt raises domestic fuel prices, freezes them for at least a year

Egypt raised prices on a wide range of fuel products on Friday, the country’s official gazette said. ||Egypt raised prices on a wide range of fuel products on Friday, the country’s official gazette said.

SA’s state broadcaster to to implement 4.5% wage hike amid restructuring

The South African Broadcasting Corporation (SABC) is set to implement a 4.5% salary increase for non-unionised employees||The South African Broadcasting Corporation (SABC) is set to implement a 4.5% salary increase for non-unionised employees

Italian appeals court upholds conviction for Milan Prosecutors in Eni Nigeria case

An Italian appeals court this Thursday upheld an eight-month prison sentence for two Milan Prosecutors for failing to file documents||An Italian appeals court this Thursday upheld an eight-month prison sentence for two Milan Prosecutors for failing to file documents

IMF lauds Zimbabwe’s economic progress, but arrears block lending

The International Monetary Fund (IMF) said this Thursday it remains unable to lend to Zimbabwe due to the country’s outstanding arrears||The International Monetary Fund (IMF) said this Thursday it remains unable to lend to Zimbabwe due to the country’s outstanding arrears

SA to lift shale gas moratorium this month

South Africa (SA) will lift a long-standing moratorium on shale gas exploration||South Africa (SA) will lift a long-standing moratorium on shale gas exploration