Gautam Adani to settle with SEC
Nears end of US legal woes.
Jeremy’s weekly wrap: Medical brain drain, FMD and the Starlink impasse
This week we examined the bottleneck in SA's medical schools that's forcing students to look abroad, government's slow rollout of FMD vaccines, climate threats causing major disruptions in logistics, insurance, and business continuity, and Icasa saying Starlink approval is not in its hands.
Stocks, bonds drop as inflation woes jolt traders: Markets wrap
Spot gold fell 1.4% to $4 588.04 an ounce.
Equites gains from e-commerce growth
Demand for modern logistics facilities outpaced supply due to supply chain shifts, e-commerce growth, and continued investment by retailers, and logistics providers.
Oil heads for weekly advance with Iran war resolution at impasse
Brent for July settlement climbed 1.3% to $107.05 a barrel at 1:10 p.m. in Singapore.
Gold heads for weekly drop as inflation fuels rate-hike bets
Spot gold was 1% lower at $4 605.16 an ounce as of 12:44 p.m. in Singapore.
Ramaphosa readies court fight as impeachment process takes shape
The legal challenge will test whether Ramaphosa can contain a scandal that has posed the biggest risk to his presidency since he came to power eight years ago.
Powell’s Fed legacy as he steps down
Analysis of the Federal Reserve’s leadership transition and what it could mean for markets, alongside insights into South Korea’s booming stock market as investors chase surging chip demand.
Eskom’s municipal agency agreement heads to court
Support from treasury, electricity minister, others ‘unlawful’.
Can Africa pull off its own economic miracle?
Mickael Vogel of the African Finance Corporation says Africa’s growing domestic capital pools remain fragmented along national lines, posing a key barrier to development.