South African rand nosedives as Trump wins US election

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<p><img src=”https://biz-file.com/c/2411/756893-208×117.jpg?5″ width=”208″ height=”117″ alt=”Source: Reuters.” align=”left”><br><span >Source: Reuters.&lt;/span><p>The South African rand plunged against a buoyant dollar on Wednesday, 6 November 2024 as “Trump trades” surged, after Donald Trump...

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Trump victory spells trouble for the rand and Brics allies

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<p><img src=”https://biz-file.com/c/2411/756892-208×117.jpg?5″ width=”208″ height=”117″ alt=”Source: Reuters.” align=”left”><br><span >Source: Reuters.&lt;/span><p>The United States (US) election outcome, with former President Donald Trump winning in a landslide victory, has led to “notable volatility”...

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Donald Trump elected US president in stunning comeback

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<p><img src=”https://biz-file.com/c/2411/756787-208×117.jpg?6″ width=”208″ height=”117″ alt=”Source: Reuters.” align=”left”><br><span >Source: Reuters.&lt;/span><p>Donald Trump was elected president, capping a remarkable comeback four years after he was voted out of the White House and...

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Role of innovative financing for farmers: Lessons from Ghana’s cocoa irrigation

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<p><img src=”https://biz-file.com/c/2411/756777-208×117.jpg?2″ width=”208″ height=”117″ alt=”Role of innovative financing for farmers: Lessons from Ghana’s cocoa irrigation” align=”left”><p>In the Global South, where agriculture forms the backbone of rural livelihoods, farmers face...

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Oil falls on stock build, firm dollar as Trump win projected

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<p><img src=”https://biz-file.com/c/2411/756726-208×117.jpg?3″ width=”208″ height=”117″ alt=”Source: Reuters.” align=”left”><br><span >Source: Reuters.&lt;/span><p>Oil prices fell as much as 2% on Wednesday, 6 November 2024 after two sessions of gains, as the dollar surged...

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Standard Chartered, BII renew $350m for trade finance

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<p><img src=”https://biz-file.com/c/2411/756721-208×117.jpg?5″ width=”208″ height=”117″ alt=”Source: BII. Chief executive officer of BII, Nick O’Donohoe, and Saif Malik, head of banking and coverage, UK, Standard Chartered.” align=”left”><br><span >Source: BII. Chief executive...

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Dollar slips as FX traders gird for US election outcome

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<p><img src=”https://biz-file.com/c/2411/756695-208×117.jpg?5″ width=”208″ height=”117″ alt=”Source: Reuters.” align=”left”><br><span >Source: Reuters.&lt;/span><p>The dollar eased on Tuesday, 5 November 2024, as traders squared positions ahead of what is expected to be a close...

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Coca-Cola Beverages Africa invests $50m in Namibia, boosting production capacity by 30%

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<p><img src=”https://biz-file.com/c/2411/756617-208×117.jpg?5″ width=”208″ height=”117″ alt=”Coca-Cola Beverages Africa invests $50m in Namibia, boosting production capacity by 30%” align=”left”><p>Coca-Cola Beverages Africa (CCBA) has invested $50m in a new bottling line in...

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Royal Bafokeng Holdings wins big at Gender Mainstreaming Awards

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<p><img src=”https://biz-file.com/c/2411/756500-208×117.jpg?5″ width=”208″ height=”117″ alt=”Source: Supplied. Albertinah Kekana chief executive officer of RBH; Nana Phiri head corporate client groups at RMB, and Colleen Larson, chief executive officer at Business...

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Expectations for another interest-rate cut in November

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<p><img src=”https://biz-file.com/c/2411/756553-208×117.jpg?5″ width=”208″ height=”117″ alt=”Source: 123RF.” align=”left”><br><span >Source: 123RF.&lt;/span><p>On Thursday, 21 November 2024, the Monetary Policy Committee will deliver its decision regarding the interest rate. With South Africa’s inflation...

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