DURBAN - The 2019 Forbes World's Billionaires List featured 2153 members and revealed that 551 of them lived in 10 of the world's 1860 cities according to Forbes Africa.
New York City, the home of Wall Street has the most amount of billionaires. The billionaires have a total worth of $469.7 billion which is the more than the GDP id Austria. New York City has held the top spot for the past five years. Total wealth refers to the private wealth that individuals in each city hold including property, cash and business equities among other things.
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CEF admits it oversold strategic fuel stock | IOL Business ReportThe Central Energy Fund said the sale was now the subject of investigations and legal action with board members having already filed affidavits. busrep Keyword Strategic. We have idiots running the country
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SA to help Zimbabwe get back on its feet | IOL Business ReportRamaphosa said the SA Reserve Bank was engaged in discussions to help the Reserve Bank of Zimbabwe to secure as much as $7million (R99.8m). busrep Hahhaaa what a joke - first fix the mess that is South Africa dumbasses busrep Good news. busrep How can SA assist Zim yet it has its own problems that has not even been resolved.unemployment among the youth is 50%,drug use,violent crimes,school sanitation, education is poor,public health care is bad and land reform such an endless list.
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FirstRand ‘not fazed’ by newcomers entering the banking market | IOL Business ReportFirstRand comprises of First National Bank (FNB), Rand Merchant Bank (RMB), WesBank and UK specialist lender Aldermore.
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Rob Davies to meet with UK officials over trade deals | IOL Business ReportIf the talks succeed, an agreement might be ratified in Parliament next week.
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Sun International achieves growth despite weak economy | IOL Business ReportResort hotel chain and casino group Sun International said on Wednesday its operations achieved growth in gaming revenue.
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VW brand to cut up to 7,000 jobs in new savings drive | IOL Business ReportVolkswagen will cut up to 7,000 positions, aim to boost productivity and deliver 5.9 billion euros ($6.7 billion)of annual savings.
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Standard Bank to close 91 branches, thousands of jobs on the line | IOL Business ReportSouth Africa's Standard Bank today announced that about 1200 jobs will be on the line after it decided to close 91 of their branches. Competition and high bank charges won't help the situation either. I am a Standard Bank client of many years. I am so upset that branches are closing and jobs are being lost. I care more about people, families who will suffer despite your efforts to prepare them for other fields of employment. This is a deal breaker for me. The country is heading down the path of Venezuela, those that have the means should leave now, there is no hope for this Shithole, MYANC completely destroyed this country.
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Finance Minister extends Mark Kingon's run as Sars acting commissioner | IOL Business ReportThe Minister of Finance has re-appointed Mark Kingon as Acting Commissioner of the South African Revenue Service for a further period of 90 days.
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Cele to meet union bosses in mine strike | IOL Business ReportPolice Minister Bheki Cele is today scheduled to meet union bosses and Sibanye-Stillwater management in Carletonville. busrep And police strike?
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Motsepe's African Rainbow dumps struggling EOH | IOL Business ReportCompany's decision was not triggered by any of the recent events that have engulfed the embattled technology and outsourcing company.
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Customer behaviour triggered Standard Bank move to close 91 branches | IOL Business ReportStandard Bank spokesperson Ross Linstrom said the group had re-looked at its retail and business banking delivery model to meet its customers' needs.
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