Africa’s growing gambling use is sapping income that would ordinarily be flowing into groceries, entertainment and mobile phone …
By Tom Maloney, Bloomberg In a post on the social media platform he owns, Elon Musk recently lamented: “Whoever said ‘money can’t buy happiness’ really knew what they were talking about.” Now the world’s richest …
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International News
South Africa says war puts R2.13 trillion revenue goal at risk
by Staff Writerby Staff WriterSouth Africa’s newly appointed tax commissioner warned that the Iran war could undermine the government’s ability to meet …
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International News
Oil holds slump as US offers memo to Iran in bid to open strait
by Staff Writerby Staff WriterOil steadied after losing nearly 8% in the previous session, as the US and Iran weighed a fresh …
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International News
AB InBev volumes beat expectations bolstered by beer demand
by Staff Writerby Staff WriterAnheuser-Busch InBev volumes unexpectedly increased as robust demand for beer in the region that includes Mexico offset sluggishness …
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International News
Dubai Airport passenger traffic drops 66% in March on Iran war
by Staff Writerby Staff WriterDubai International Airport, the world’s busiest international hub, reported a 66% drop in passenger numbers in March as …
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International News
Global shocks seen spurring African pivot to domestic capital
by Staff Writerby Staff WriterRising geopolitical uncertainty is driving African financiers to tap domestic capital, as governments roll out policies, regulations and …
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Coca-Cola Co.’s focus on smaller sizes is paying off with cash-strapped consumers as the world’s largest beverage maker …
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Jewellers have long used a simple mechanism to protect themselves against volatile gold prices – borrow the precious …
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International News
World inflation scare is coming as Chinese exporters lift prices
by Staff Writerby Staff WriterChinese exporters are beginning to lift prices on everything from swimsuits to air conditioners as the Iran war …
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International News
War revives stagflation dangers for global economy
by Staff Writerby Staff WriterThe cumulative global impact of seven weeks of war in the Middle East will begin to emerge in …
