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G20 summit addresses ‘inequality emergency’ amid billionaire wealth surge

The G20 Summit in Johannesburg over the weekend highlighted global inequality as a pressing concern, with Oxfam warning that the wealth amassed by the world’s richest could end extreme poverty several times over.

SA Parliament seeks clarity on G20 Summit costs

SA Parliament is pressing Finance Minister Enoch Godongwana for details on the cost of hosting the recent G20

Mozambique grants 30-year concession to state firms for LNG facilities, pipeline

Mozambique has granted its top state-owned companies, including national oil firm ENH, a 30-year concession

World Bank lifts Kenya’s growth forecast on construction sector optimism

The World Bank lifted Kenya’s economic growth forecast for this year to almost 5% on Monday

Stagnant incomes push South Africans deeper into debt

Many South Africans are using their salaries to service existing debt

Oil becalmed as investors weigh hopes for Ukraine peace talks, US rate cut

Oil prices took a breather on Monday after last week’s fall of about 3%, as investors weighed the chances for a United States (US) rate cut against the prospect of a Russia-Ukraine deal that could free up more Russian supply through an easing of sanctions

The Upside

FINANCE

FINANCE

G20 summit addresses ‘inequality emergency’ amid billionaire wealth surge

SA Parliament seeks clarity on G20 Summit costs

Mozambique grants 30-year concession to state firms for LNG facilities, pipeline

World Bank lifts Kenya’s growth forecast on construction sector optimism

Stagnant incomes push South Africans deeper into debt

Oil becalmed as investors weigh hopes for Ukraine peace talks, US rate cut

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