MSCI’s Asia-Pacific index falls 0.8% as investors turn to bonds amid recession concerns; Japan’s Nikkei drops 1% as markets doubt BOJ’s commitment to its ultra-easy policy
The ANC is scrambling to end power cuts before 2024 elections
Kganyago’s comments come as ANC wants central bank’s mandate to change
The DA recently terminated the membership of its councillor, Lucky Naicker, after he was found guilty of being at odds with the party’s constitution
AB InBev focuses on SA brand and objects to sale of Strongbow in Heineken’s merger plans
Nedbank boss says SA’s power crisis could ‘crowd in’ private investment into an electricity sector that is keeping GDP growth anchored at about 1.5%
Respondents to SA Chamber of Commerce and Industry survey say power tariff increases and persistent load-shedding are likely to aggravate the situation
Jurors hear opening arguments in investor lawsuit
SA cricketing star retires from the game
Trail stretches from 1962 article in the New York Times and a 1938 Lead Belly song to a 1923 volume of aphorisms
My friend Likulia Kasenda (not his real name) is a wise and pleasant guy. A gig worker, Kasenda delivers orders on a motorbike for a popular fast-food app in Johannesburg. Kasenda and I always have a chat when he delivers my orders. We call each other “très, très fort” in French, meaning “very, very strong” and, in this case, great friends.
Kasenda says he is relieved to be in SA, far away from the troubles of his war-torn country, the Democratic Republic of the Congo (DRC). Kasenda, a banker, has hopes of returning home to pursue his profession one day, but things are so bad there he prefers running deliveries…
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