Murder on the rise as South Africa fails to stem high crime rates: South Africa needs to urgently work out why its high rate of fatal violence is not slowing. ShutterstockSouth Africa struggles with very high levels of crime and violence. Take the crime statistic on murder rates. The country ranks in the top 10 worst countries that report crime statistics according to the most … [Read more...] about Murder on the rise as South Africa fails to stem high crime rates | The Conversation
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Nigeria: Stakeholders See Threats in Higher Lending Rates, FX Control
Economic analysts, local traders and manufacturers have said that the recent monetary policy direction by the Central Bank of Nigeria will not augur well for the economy in the future, unless some drastic measures are taken. At last month’s Monetary Policy Committee Meeting, the CBN increased the Monetary Policy Rate from 11per cent to 12per cent and reviewed the Cash … [Read more...] about Nigeria: Stakeholders See Threats in Higher Lending Rates, FX Control
US interest rates signal change; Obama’s calm leadership; democracy…
Business Day Live / Johannesburg, South Africa Rising US interest rates signal more change to come “[T]he [US] Fed’s rate rise didn’t cause much renewed volatility anywhere. Indeed, markets saw something of a ‘relief rally’…. This is the way it should be. Read the full article by here: Johannesburg, South Africa News Submit and get free … [Read more...] about US interest rates signal change; Obama’s calm leadership; democracy…
Rand Exchange Rates to Climb on USD Strength – Rand Dollar
Rand Exchange Rates to Climb on USD Strength As the US Dollar climbs in response to ever improving chances of a Federal Reserve cash rate increase this month, commodity assets such as the ZAR endure headwinds. The Pound Sterling to South African Rand exchange rate climbed closed to 0.6 per ... Read more on Exchange Rates UK Rand in firmer territory after … [Read more...] about Rand Exchange Rates to Climb on USD Strength – Rand Dollar
S. African new finance minister urged to hike interest rates
The rand’s vertiginous slide over the past few days has caused concern among South Africans, prompting economists to urge new finance minister David van Rooyen to hike interest rates. The local currency broke through the R16 barrier to the U.S. dollar, and R17 to the Euro on Friday, two days after President Jacob Zuma fired Finance Minister Nhlanhla Nene, replacing him … [Read more...] about S. African new finance minister urged to hike interest rates
