Royal Bafokeng Platinum has appointed head of finance, Rotshidzwa Manenzhe, as interim CFO.Manenzhe, a prescribed officer of the company, has been appointed interim CFO for a period of six months from 3 April.
Cash and cash equivalents increased by R70.4 million to R2 309.5 million after paying the interim cash dividend of R167.8 million for the six months ended 31 December 2021. The Fed now has to walk a fine line between getting control of surging prices and making sure it does not knock the recovery in the world's top economy off course.
The measures have offset supply concerns caused by the Ukraine war and bans on imports of Russian fuel, even as the European Union discusses following US and British embargoes. Established in 1981 by the Singaporean government, GIC manages $744 billion of the country's foreign reserves. "Following the fulfilment of all conditions precedent, the transaction is now completed," Sasol said.
In past weeks, the US dollar has also benefited from safe-haven flows as Covid-19 restrictions in China have triggered concerns about global growth. "After the dovish comments from de Guindos over the weekend, we will monitor Lagarde's latest comments today," said Jeremy Stretch, head of G10 FX strategy at CIBC.
The decision follows SEA’s earlier recommendation to reject LBIP’s environmental permit application published on 22 April. Surging prices, moves to tighten monetary policy, China's Covid lockdowns, the Ukraine war and a stronger dollar have come together in recent weeks to cause a massive headache for investors, sending them running to the hills.
"With a 50 basis point hike... all but certain, the press conference will provide important colour around the prospects of a soft landing, the neutral fed funds rate and balance sheet normalisation," said SPI Asset Management's Stephen Innes.Forecasts for a swift run-up in rates this year have hammered tech firms who are reliant on debt to fund growth, though dup-buying helped them record a much-needed gain Monday in New York.
The measures, and leaders' refusal to shift from their zero-Covid policy, have hamstrung the world's number two economy and figures in other countries including the United States suggest they are now having a global impact.
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