By Saritha Rai, Bloomberg Employees across industries continue to adopt AI tools at a rapid rate, yet the technology’s …
By Yihui Xie, Bloomberg Gold extended a decline after the US launched strikes against Iran in retaliation for the downing of a military helicopter, jeopardising efforts to end the war that’s roiled global markets and …
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International News
South Africa secures first Fitch rating upgrade since 2005
by Staff Writerby Staff WriterBy Liesl Peyper and Suren Naidoo South Africa received its first credit-rating upgrade from Fitch Ratings in almost 21 …
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International News
Rand swings from carry loser to winner as bond inflows surge
by Staff Writerby Staff WriterBy Mpho Hlakudi, Bloomberg South Africa’s rand is back near the top of the carry-trade table after languishing close …
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International News
EU risks losing more than 1m jobs over global pressures
by Staff Writerby Staff WriterBy Jorge Valero, Bloomberg The European Union is at risk of losing more than 1 million jobs this year …
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By Ntando Thukwana, Bloomberg South African central bank Governor Lesetja Kganyago promised that officials will lower the inflation rate …
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International News
Bitcoin tumbles below $70 000 for first time in two months
by Staff Writerby Staff WriterBy Suvashree Ghosh, Bloomberg Bitcoin dipped below $70 000 for the first time in almost two months as concerns …
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International News
More African nations seen reaching investment grade, AfDB says
by Staff Writerby Staff WriterBy Jennifer Zabasajja and Moses Mozart Dzawu, Bloomberg More African countries are likely to regain or achieve investment-grade credit …
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International News
Oil rises from six-week low amid uncertainty over US-Iran deal
by Staff Writerby Staff WriterOil rose from a six-week low amid uncertainty over the outlook for a peace deal to end the …
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International News
SA poised for first rate hike since 2023 on Iran war
by Staff Writerby Staff WriterBy Ntando Thukwana, Bloomberg The South African Reserve Bank is set to raise borrowing costs for the first time …
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International News
Hong Kong overtakes Switzerland as top offshore wealth hub
by Staff Writerby Staff WriterBy Diana Li, Bloomberg Hong Kong has narrowly overtaken Switzerland to become the world’s largest cross-border wealth hub, driven …
