Tag: Currency
Lessons learned in allocating capital in a fragile environment
Bryn Hatty, Chief Investment Officer at Stonehage Fleming South Africa:
As capital markets grapple with profound shifts in the macro-economic and geo-political landscapes, for investors,...
7 things you need to know today
This is all the latest business news that you need to know today:
1. Steinhoff woes continue to pile up in Europe
Troubled retailer Steinhoff International’s...
What is the future of money?
The growth of the digital economy has already distorted many industries, from media to transportation, just as technology has changed the face of payment...
Rand slips 3% as SA edges towards recession
The rand fell as much as 3% against the US dollar on Wednesday, buffeted by a spate of bad domestic news, as global investors...
Rand crashes through R14/$
So the rand party is over… The domestic currency yesterday took a pounding like never before, tanking more than 50c in less than 36...
Land debate haunts rand
The rand heads into this week with a dark cloud of local politics hanging over it as the reaction from the land expropriation decision...
MUST READ
Cummins secures contract to maintain Transnet’s aging tugboat fleet
By Larry Claasen
CUMMINS’ seven-year contract to maintain Transnet’s tugboats not only cements its decades-long relationship with the transport authority but also positions the company...