S&P Global has upgraded its outlook from negative to stable, the South African government's credit rating remains at junk status, and striking miners reject two new wage offers. (Chris Buchanan is currently standing in for Chris Gibbons)
The interest rate hike of half a percent a concern for the economy and the poor says Reserve Bank Governor, plans to purchase two and half thousand megawatts of nuclear power to go ahead, and an uproar in China over a Gucci and Adidas branded accessory.
An interest rate hike to be announced later today, inflation in the UK is at it's highest in 40 years, and the US markets have their worst day since the start of the pandemic.
Pick N Pay is fighting back in the quick home delivery war, Elon Musk's Twitter deal looks to be on the rocks, and a strong dollar poses a major threat to the global economy.
The price of petrol expected to sky rocket, an interest rate hike expected Thursday, NEHAWU issues SARS with a strike notice, and another bank in trouble.
South Africa may be facing a food crisis, the Finance Minister says work has begun with the private sector to unblock the release of billions for embedded generation projects, this as we go into a week of stage 3 load shedding.
US inflation stays at a 40-year high which will have a knock-on effect on interest rates in SA, and Mzansi's municipalities owe Eskom a staggering R40 billion.
Eastern Cape citrus farmers lose millions over protest action, Standard Bank names its first black female chair, and a call for the government to remove red tape holding back economic progress.
Do you trust the government? Apparently not - but you do trust Gift of the Givers, jet fuel is running low at O.R. Tambo, and it looks like another rough week for the markets.
The US markets record their worst day since 2020, this has a knock-on effect on the JSE, April has been a tough month for investors - it looks like May will be more of the same.
VW Polo reaches an export milestone, manufacturing sentiment is down following the devastating KZN floods, and the reintroduction of load shedding adds pressure to an already burdened economy.
The Durban shipping industry interrupted due to the devastating KZN floods, Capitec doubles its dividends, and a recession by the end of the year is predicted for the US.
SA's aviation industry is taking strain, the markets remain under pressure as Russia threatens an assault on the Donbas region, and Macron secures a narrow win in the first round of presidential elections.
The move away from coal is predicted to cost SA trillions, the search is on for a new Head of Treasury, and the Competition Commission warns that food processors might push prices up unduly on the back of the war in Ukraine.
8 Apr 2022
2 min
860 – 880
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