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Business Maverick: Traders Unfazed by South Africa’s Much-Ado-About-Nothing BudgetTraders bracing for Tito Mboweni’s emergency budget on Wednesday have a message for the South African finance minister: tell us something we don’t already know.
Source: dailymaverick - 🏆 3. / 84 Read more »
BUSINESS MAVERICK: Infrastructure projects: Less talk, more actionIf there is one thing Siya Kolisi and Covid-19 have taught the SA government, it is that we are strongertogether. When it comes to the rollout of critical infrastructure, the government has forged an alliance with business to getthejobdone. It has never been more urgent.
Source: dailymaverick - 🏆 3. / 84 Read more »
Business Maverick: African Trade Deal to Push Ahead Even If Another Virus-Wave HitsAn Africa-wide free-trade agreement is unlikely to face any further delays even if a second wave of coronavirus infections hits the region, according to the deal’s top official.
Source: dailymaverick - 🏆 3. / 84 Read more »
Business Maverick: Stimulus Addiction Grows as Risk in Emerging MarketsEmerging-market inflation is dormant even as governments and policymakers hurl money into the economy. Investors shouldn’t count on it staying that way.
Source: dailymaverick - 🏆 3. / 84 Read more »
Business Maverick: Gold Poised to Challenge $1,800 as Virus Resurgence Fans DemandGold is on the cusp of challenging the hard-to-crack $1,800 an ounce mark, potentially opening the way for a move toward its record price, as a resurgence in coronavirus cases risks impeding the recovery of the global economy and fans demand for haven assets.
Source: dailymaverick - 🏆 3. / 84 Read more »
BUSINESS MAVERICK: Mboweni starves most SOEs of additional funding to ‘close the hippo’s mouth’Finance Minister Tito Mboweni has a soft spot for the Land Bank, a state-owned specialist lender to commercial and emerging farmers. He has thrown the Land Bank a R3-billion lifeline, but made no additional funding for other SOEs.
Source: dailymaverick - 🏆 3. / 84 Read more »