S.Africa to call it a wrap on current hikes with last 25 bps on March 30

South Africa’s Reserve Bank will raise interest rates for the last time in this cycle by 25 basis points on March 30, in anticipation of slower inflation and a weak economy due to power disruptions, a Reuters poll found on Monday. A firm majority of 18 out of 20 economists polled on South Africa’s repo […]
WHO spends $1.7bn on essential supplies to COVID response

By Chioma Obinna Ahead of the World Health Assembly, a new World Health Organisation’s, WHO, has shown that the global health body invested a total of $1.7billion on essential supplies to the COVID-19 response even as it achieved the 1.4 billion vaccine doses target through COVAX facility. However, the report also noted that much remains […]
Britain’s Finance Sector Too Slow To Hire Women To Top Jobs

Britain’s finance ministry wants more ambitious diversity targets at financial firms as the pace of hiring women to top jobs is too slow, a review said on Tuesday. A Women in Finance Charter was launched in 2016 by the finance ministry in a bid to improve diversity in the financial sector where just 14% of […]
U.S.$400m Deal Divides Ministers In Zimbabwe

Cabinet’s shock decision this week to cancel the US$400 million National Railways of Zimbabwe (NRZ) recapitalisation deal won by the Diaspora Infrastructure Development Group (DIDG) and South African rail, ports and pipeline utility, Transnet, has sharply divided government and sucked in the military, as the battle to control one of Zimbabwe’s largest parastatals intensifies. Informed […]
Women Entrepreneurs Finance Initiative To Boost Female Owned Businesses With $62 Million

The Women Entrepreneurs Finance Initiative (We-Fi) today announced its second funding allocations – expected to benefit 70,000 women- led businesses and mobilize nearly a billion dollars of additional public and private sector resources. The second round allocates $129 million for programs to boost women’s entrepreneurship that will be implemented by four multilateral development banks, expecting […]
Money Personality Types

Has it ever occurred to you that something definitely influences how and what you think about money and how ultimately you treat your finances? For many years , I didn’t have a clue about the influencing factor on how I managed my finances. I just knew I needed help as I was a reckless spender […]
South Africa’s Rand Flat In Early Trade Ahead Of Trade Balance Figures

South Africa’s rand was flat early on Friday, giving up its small overnight gains as renewed jitters about the impact on global growth of the simmering trade war between China and the United States kept investors on the sidelines. At 0730 GMT the rand was steady at 14.4725 per dollar, unchanged from its overnight close […]
The World Of SAVINGS!

A lot of times, we are encouraged to save. Finance experts, books, sermons, finance groups teach the importance of saving money, but how come people still struggle with saving money successfully? Savings is simply putting money aside from your income on a regular basis. It is income not spent. The rule of thumb is that […]
The World of SAVINGS!
A lot of times, we are encouraged to save. Finance experts, books, sermons, finance groups teach the importance of saving money, but how come people still struggle with saving money successfully? Savings is simply putting money aside from your income on a regular basis. It is income not spent. The rule of thumb is that […]
South Africa’s Eskom Plans First Major Battery Storage Project

South Africa’s state-run power firm Eskom said on Tuesday it is planning its first major battery storage project as President Cyril Ramaphosa seeks to boost renewable energy usage and reduce the country’s reliance on coal. Prince Moyo, general manager for power delivery engineering at Eskom, told Reuters that the battery storage project would be rolled […]