In anticipation of the US Federal Reserve bank hiking its benchmark Fed Funds interest rate, the first rate hike in the US in almost a decade, the South African Reserve Bank took proactive action by hiking the interest rate by 25 basis points at the last Monetary Policy Committee meeting. This was an attempt to lessen the residue effect that the hike would have on the South … [Read more...] about How the US Fed hike could impact South African markets
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Buried body could be missing UJ student
Family and friends of Palesa Madiba, a missing University of Johannesburg student, have gathered in Phiri, Soweto, after police uncovered a skeleton in the back yard of the house where she was last seen three years ago. Read the full article by here: Articles relating to Places | johannesburg Submit and get free press releases here: MyPR Free Press Release. Click HERE to … [Read more...] about Buried body could be missing UJ student
Consumers could pay for underperformance of Eskom mines
Johannesburg – South African electricity users could soon pay the price for the alleged under performance of coal mines supplying coal to Eskom. Eskom’s Regulatory Clearing Account (RCA) application to the National Energy Regulator of South Africa (Nersa) includes R2bn which the power utility said was for “coal burn”. Eskom senior general manager for primary […] The … [Read more...] about Consumers could pay for underperformance of Eskom mines
Warning that student protests could pick up again in 2016
Johannesburg – Students representatives from several universities said they could not guarantee that students would not return to the streets in protest when academic activities resumed in 2016. The group met with Parliament’s Portfolio Committee on Higher Education in Johannesburg on Thursday, where they advised that it was best that resolutions be made before the … [Read more...] about Warning that student protests could pick up again in 2016
Could Cape Town challenge Johannesburg as SA’s economic hub? Based on the …
Could Cape Town challenge Johannesburg as SA's economic hub? Based on the … Cape Town – South Africa's economic history makes it a somewhat unusual place. Due the legacy of the gold mining industry, Johannesburg is by far this country's most economically important city. It is uncommon that an inland city that is not on a major … Read more on … [Read more...] about Could Cape Town challenge Johannesburg as SA’s economic hub? Based on the …