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.

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.||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.

Dollar mixed after four-day rally, Fed meeting in focus

The United States (US) Dollar struggled for direction on Wednesday after a four-day winning streak, as investors shifted their focus to the outcome of the Federal Reserve’s (Fed) policy meeting later in the session and to upcoming economic data.||The United States (US) Dollar struggled for direction on Wednesday after a four-day winning streak, as investors shifted their focus to the outcome of the Federal Reserve’s (Fed) policy meeting later in the session and to upcoming economic data.

MTN to distribute dividends as BEE share scheme winds down

Shareholders of the MTN Black Economic Empowerment scheme, Zakhele Futhi, can expect payment on their investments from today as part of the scheme’s unwind.||Shareholders of the MTN Black Economic Empowerment scheme, Zakhele Futhi, can expect payment on their investments from today as part of the scheme’s unwind.

PAP boosts partnerships to advance democracy, rights, anti-corruption

Africa is grappling with the intertwined challenges of development, democracy, and accountability.||Africa is grappling with the intertwined challenges of development, democracy, and accountability.

SA salaries hold steady in June, but economic concerns loom

South African (SA) take-home salaries remained largely unchanged in June, following three consecutive months of moderation, according to the latest data from BankservAfrica.||South African (SA) take-home salaries remained largely unchanged in June, following three consecutive months of moderation, according to the latest data from BankservAfrica.

SA committed to ensure trade relations with US continues