Gold, stock markets plunge as war in the Middle East escalates
Around a fifth of global oil trade has been affected, and even if hostilities end tomorrow, it will take time for operations to return to […]
Judge goes off on body corporate lawyers for bringing R18k claim before high court
Could amount to an abuse of process, says court. Lawyers’ fees alone would be multiples of the debt being claimed. From Moneyweb. Reproduced in The […]
Spar starts retrenchment process to slash costs
Following uninspiring revenue growth in FY2025 and recent key executive changes. From Moneyweb. Retailer Spar says it will launch a voluntary severance programme in certain […]
Mantashe wants to ramp up local fuel refining capacity, but has that boat sailed?
Four refineries are either offline or shut down, leaving SA massively dependent on imports at a time when war is raging in the Middle East. […]
Is Ray Dalio’s bitcoin negativity justified?
He may be more hip to gold than bitcoin, which he says has several serious flaws. Not so fast, says macro strategist Shiven Moodley. From Moneyweb. […]
AI is dumping 150-page complaints on finance ombud’s desk
What used to take a paragraph or two now comes in book-sized tomes, often with fake legal cases as references. From Moneyweb. The idea that […]
Sasol has nearly doubled in 12 months, but is it still cheap?
The conflict in the Middle East has pushed oil to prices last seen in 2022. Sasol’s business model is structured for much lower prices, which […]
Employees are gambling away their paycheques
Four out of every 10 people who earn an income gamble regularly, according to Old Mutual Corporate. From Moneyweb. New research shows that 40% of […]
Your forex allowance just went up to R2m a year – here’s what you could do
You can now buy $120 000 a year instead of $60 000 without any permissions from the Reserve Bank – and there’s plenty you can […]
Middle East aviation crisis traps thousands of South Africans
The bigger question is whether Doha and Dubai will be permanently damaged by the conflict now raging in the region. From Moneyweb. David Farelo was […]