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Monday, July 22nd, 2019
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Category Archives: Financial News

Repo rate cut; rand rallies; Richemont rides online wave; property market optimism; Eskom Bigwig wanted

In today’s business headlines: 

  • The benchmark  repurchase rate has been lowered by 25 basis points to 6.5% per annum.
  • The Rand rallies by 10 cents to the dollar on the back of the news.
  • Richemont online retails sales soar.
  • Estate agents hopeful after rate cut.
  • Platinum producers eye gold miners wage deal.
  • Eskom is looking for a new CEO
  • and junkyard palladium is in high demand. 

The spy who loved us – Zuma’s tale

The spy who loved us – Zuma’s tale

Jeremy Gordin reckons the former president and Zuptoid-in-chief, Jacob Zuma, is happily and bizarrely subverting the Zondo Commission of Inquiry into State Capture into a spy novel plot.

WORLDVIEW: Murder in SA – a rational perspective

WORLDVIEW: Murder in SA – a rational perspective

Murder, like all crime, is an emotional topic, particularly for people who have personally been affected by it. But emotional reactions can be dangerous.

Zuma at Zondo – a blow by blow account of Day Two

Zuma at Zondo – a blow by blow account of Day Two

Former South African President Jacob Zuma began a second day of testimony at a judicial panel that’s investigating whether he consented to and benefited from widespread looting during his nine-year rule.

Inside the mind of a State Capturer

Inside the mind of a State Capturer

It would be “completely logical,” for a person facing potentially dire consequences to tell barefaced lies. Often the best strategy is simply to respond, “I don’t know what you’re talking about.”