United States It should perform respectably in 2016, but the trade deficit is likely to widen as the dollar strengthens and imports increase. United Kingdom Prime Minister David Cameron will spend a lot of 2016 trying to persuade voters to keep the country in the…
The decline in global stock markets this year has dented optimism among equity market analysts who expect only half of the 20 major stock markets to gain in a year. Since August, financial markets have been on a roller-coaster ride. China devalued its currency, sending…
Credit Suisse and HSBC, two of the world’s largest wealth managers, dismissed suggestions they were actively using offshore structures to help clients cheat on their taxes. Their comments came a day after a leak of four decades of documents from a Panamanian law firm that…
The major dams supplying the Cape metropolitan area are only about half as full as they were this time last year… and dropping by around 1.8% every week. The current capacity of the six dams, which collectively hold 898 221kl, was 32.7% on 1 April…
Although some causes for the volatility of South African’s rand are self-inflicted, the currency is also impacted by international “currency wars” currently engulfing the world, whereby governments, most from industrial countries, manipulate the value of their currencies to improve export competitiveness. In 2010, then Brazilian…
KPMG Southern Africa, a member of the global advisory network, has ended a 15-year stint auditing companies controlled by the Gupta family, after the ANC and the public protector announced investigations into its alleged influence over the government. KPMG Southern Africa chief executive Tervor Hoole…
Steel producers in high-cost countries say their best hope for surviving the global glut is to develop higher value specialised products. But they will still face a tough time competing with low-cost Chinese producers that are breathing down their necks. The announcement that India’s Tata…
The 11.5 million documents from a Panama-based law firm reveals how top politicians, sports stars and criminals hide their money using offshore tax havens. The leaked data link at least 12 current and former heads of state and 128 other politicians to illicit financial transaction….
Western Cape Dam Storage Levels Metals Value Interest Rate
Comrade President, listen to the people of SA and step down Dear comrade President Zuma. I have agonised for a while before writing this letter to you. I am just a rank-and-file member of my ANC branch. However, even before the ANC opened its membership…