More articles on this subject
Profile picture of TimesLIVE
NOKWANDA MATHENJWA | Structural changes are needed to grow the economy: While some economists and researchers support the austerity stance implemented by the ...
timeslive.co.za/sunday-times-daily/opinion-and-analysis/2024-04-23-structural-changes-are-needed-to-grow-the-economy/
NOKWANDA MATHENJWA | Structural changes are needed to grow the economy
Profile picture of The Standard (Kenya)
Kenya ranked fourth wealthiest country in Africa: Kenya has been ranked among the big five wealthy markets in Africa having millionaires and billionaires
standardmedia.co.ke/national/article/2001493784/kenya-ranked-fourth-wealthiest-country-in-africa
Kenya ranked fourth wealthiest country in Africa
Quick Glance: Kenya Among Top 5 Wealthiest Countries in Africa
  • Kenya is recognized as one of the prosperous markets in Africa with a significant number of millionaires and billionaires.

  • As per the 2024 Africa Wealth Report released by an international wealth advisory firm, Kenya holds the fourth position in terms of wealth ownership.

  • Following South Africa, Egypt, and Nigeria ranking at positions one to three, Kenya comes.

  • The data in the report indicates that Kenya has a substantial population of affluent individuals, totaling 7,200 millionaires.
Profile picture of TimesLIVE
Lottery winner can travel abroad to meet grandchild for the first time: South Africa's newest millionaire says his PowerBall Plus winnings means he and his ...
timeslive.co.za/news/south-africa/2024-04-23-lottery-winner-can-travel-abroad-to-meet-grandchild-for-the-first-time/
Lottery winner can travel abroad to meet grandchild for the first time
Profile picture of Daily Maverick
South Africa Mines Minister Signals Opposition to BHP-Anglo Deal: South African Mines Minister Gwede Mantashe signaled his opposition to BHP Group Ltd ...
dailymaverick.co.za/article/2024-04-25-south-africa-mines-minister-signals-opposition-to-bhp-anglo-deal/
South Africa Mines Minister Signals Opposition to BHP-Anglo Deal
Quick Glance: BHP Proposes Acquisition to Anglo American
  • Anglo American receives BHP buyout proposal, reshaping the copper market.

  • The proposal involves BHP acquiring Anglo shares, sparking industry transactions.

  • Anglo reviews proposals after profit decline, plans demergers to reduce South Africa exposure.

  • The potential deal could make BHP the world's largest copper producer with market impacts.
Profile picture of The Atlantic
The 3.5 Percent Inflation Plateau: Prices have been rising faster than expected for the past three months. What’s going on?
theatlantic.com/ideas/archive/2024/04/inflation-above-fed-target/678174/
The 3.5 Percent Inflation Plateau
Profile picture of TimesLIVE
Lottery winner can travel abroad to meet grandchild for the first time: South Africa's newest millionaire says his PowerBall Plus winnings means he and his ...
timeslive.co.za/news/south-africa/2024-04-23-lottery-winner-can-travel-abroad-to-meet-grandchild-for-the-first-time/
Lottery winner can travel abroad to meet grandchild for the first time
Profile picture of Newsroom (website)
West is best? How we stack up against Australia: Running a quick stock take on the NZ and Aussie economies, Australia comes out on top.
newsroom.co.nz/2024/04/23/west-is-best-how-we-stack-up-against-australia/
West is best? How we stack up against Australia
Profile picture of News.com.au
RBA to ‘increase interest rates three times’: A top forecaster issued a dire interest rate warning, predicting that the Reserve Bank will be forced to hike three ...
news.com.au/finance/economy/interest-rates/leading-forecaster-warren-hogan-predicts-rba-will-hike-cash-rate-to-51-per-cent-this-year/news-story/f6f2f084778953ccaa0538383f67449f
RBA to ‘increase interest rates three times’
Profile picture of CNN.com
Fears about stagflation are mounting in the US. It’s every central banker’s worst nightmare
cnn.com/2024/04/25/economy/stagflation-us-economy-gdp/
Fears about stagflation are mounting in the US. It’s every central ...
Quick Glance: Rising Key Fed Inflation Measure in March
  • In March, inflation remained strong, with an important indicator closely monitored by the Federal Reserve indicating elevated price pressures.

  • The personal consumption expenditures price index excluding food and energy increased 2.8% from a year ago in March, above expectations.

  • Both the all-items PCE price gauge and the core index increased by 2.7%, higher than estimates, leading to a positive market reaction.

  • Markets reacted mildly to the data, with Wall Street set to open higher, while Treasury yields fell and the probability of rate cuts increased slightly.
Profile picture of Die Presse
Eurozone economy grows surprisingly strongly: The Purchasing Managers' Index rose by 1.1 points to 51.4, the highest level in eleven months ...
diepresse.com/18396920/wirtschaft-der-eurozone-waechst-ueberraschend-stark
Eurozone economy grows surprisingly strongly
Profile picture of San Francisco Chronicle
SF sales down 28% from 2019. What sectors and areas were hit hardest?: This map and table breaks down trend in S.F. sales tax revenue for the past five years
sfchronicle.com/bayarea/article/sf-sales-tax-neighborhood-19394489.php
SF sales down 28% from 2019. What sectors and areas were hit hardest?
Profile picture of The Sydney Morning Herald
Australians flattened by biggest tax increase in world: Bracket creep and the end of the low- and middle-income offset delivered the biggest tax hike in the ...
smh.com.au/politics/federal/australians-flattened-by-biggest-tax-increase-in-world-20240425-p5fmgf.html
Australians flattened by biggest tax increase in world
Profile picture of hna.de
Big pension increase in the summer but was that it?: Pensions will rise more sharply in July than previously thought. But the increases could shrink ...
hna.de/wirtschaft/grosse-rentenerhoehung-im-sommer-zukunft-rente-inflation-inflationspraemie-rentner-kaufkraft-zr-93032410.html
Big pension increase in the summer but was that it?
Profile picture of Mail & Guardian
Misuzulu warns KZN government of treating Zulu nation ‘with disdain’ as praise singer contract is terminated
mg.co.za/news/2024-04-24-misuzulu-warns-kzn-government-of-treating-zulu-nation-with-disdain-as-praise-singer-contract-is-terminated/
Misuzulu warns KZN government of treating Zulu nation ‘with disdain’ as ...
Profile picture of IOL
Old Mutual gets the green light to open OM Bank: Old Mutual has been given the initial approval to launch a bank in South Africa.
iol.co.za/business/advice/old-mutual-gets-the-green-light-to-open-om-bank-ed3669a1-9d32-4628-a587-e259fdd62839
Old Mutual gets the green light to open OM Bank
Profile picture of Mail & Guardian
Malema: South Africa will go on stage six load-shedding after elections: The Economic Freedom Fighters leader also said his deputy, Floyd Shivambu ...
mg.co.za/politics/2024-04-19-malema-south-africa-will-go-on-stage-six-load-shedding-after-elections/
Malema: South Africa will go on stage six load-shedding after elections
Quick Glance: Malema Warns of Escalating Power Outages and Praises Finance Minister Candidacy
  • EFF leader Julius Malema defended his statement that the party would consider entering a coalition with the ANC if EFF deputy president Floyd Shivambu was appointed as finance minister.

  • Malema warned that Eskom will move to stage six load-shedding after the elections and strongly criticized the current officials in charge.

  • He emphasized that Shivambu is an expert on the country's economy, the continent, and the world at large, and has not stolen any money.

  • Malema stated that the escalation of power outages after the elections is due to the incompetence of officials, not sabotage.
Profile picture of The Sydney Morning Herald
Profile picture of Daily Maverick
South Africa Sends Top Officials to UAE Over Gupta Extraditions: South Africa’s state prosecuting authority urged the presidency to help resolve an impasse with ...
dailymaverick.co.za/article/2024-04-24-south-africa-sends-top-officials-to-uae-over-gupta-extraditions/
South Africa Sends Top Officials to UAE Over Gupta Extraditions
Profile picture of T-Online
Cash: Germans' assets at record value - Daily money is also popular: The Germans have more money in their pockets again. The reason for this is higher interest ...
t-online.de/finanzen/aktuelles/id_100388504/bargeld-vermoegen-der-deutschen-auf-rekordwert-auch-tagesgeld-beliebt.html
Cash: Germans' assets at record value - Daily money is also popular
Quick Glance: Record: Germans Hold 7716 Billion Euros in Wealth
  • German private individuals hold a net wealth of 7716 billion euros.

  • Stocks and investment funds saw significant gains in the last quarter.

  • Cash and bank deposits remain the largest component of wealth.

  • Household net wealth increases by 244 billion euros to 5560 billion euros.
Profile picture of Reuters
Investors brace for 5% Treasury yields as US inflation worries mount: As U.S. inflation worries grow, some investors are preparing for the 10-year U.S ...
reuters.com/markets/us/investors-brace-5-treasury-yields-us-inflation-worries-mount-2024-04-26/
Investors brace for 5% Treasury yields as US inflation worries mount
Profile picture of Mail & Guardian
Malawi is on the wrong side of history again: The country opened its embassy in Tel Aviv while Israel continues to bomb Gaza
mg.co.za/thought-leader/opinion/2024-04-23-malawi-is-on-the-wrong-side-of-history-again/
Malawi is on the wrong side of history again
Profile picture of TimesLIVE
Eight Nigerians who 'attacked' police, police station remanded by court: Eight Nigerian men who allegedly attacked a police station and fought with ...
timeslive.co.za/news/south-africa/2024-04-22-eight-nigerians-who-attacked-police-police-station-remanded-by-court/
Eight Nigerians who 'attacked' police, police station remanded by ...
Profile picture of Daily Maverick
High court orders Nkomazi Municipality to stop fouling Komatipoort, Crocodile River with sewage
dailymaverick.co.za/article/2024-04-21-stop-fouling-komatipoort-with-sewage-court-tells-municipality/
High court orders Nkomazi Municipality to stop fouling Komatipoort ...
Profile picture of TimesLIVE
ANC files notice to challenge contempt of court order on cadre records: The ANC has filed notice for leave to appeal a Johannesburg high court ruling that it is ...
timeslive.co.za/politics/2024-04-26-anc-files-notice-to-challenge-contempt-of-court-order-on-cadre-records/
ANC files notice to challenge contempt of court order on cadre records
Profile picture of Insider (news website)
Stock market today: Dow drops 375 points after weak GDP data: Stocks dropped and bond yields rose as investors digested a tough reality of slowing GDP growth and ...
markets.businessinsider.com/news/stocks/stock-market-today-gdp-1q24-inflation-economy-tech-stocks-microsoft-2024-4
Stock market today: Dow drops 375 points after weak GDP data
Profile picture of Axios (website)
What's behind the unstoppable American consumer: The drivers of such robust spending — and how long they can last — are key to what's ahead for the ...
axios.com/2024/04/26/american-consumer-spending-resilience-economy
What's behind the unstoppable American consumer
Profile picture of Daily Maverick
Our journey towards realising the dream imagined in 1994 is far from over: As we celebrate Freedom Day we must also actively and continually recommit ourselves ...
dailymaverick.co.za/opinionista/2024-04-25-journey-towards-realising-dream-imagined-in-1994far-from-over/
Our journey towards realising the dream imagined in 1994 is far from over
Profile picture of TimesLIVE
AmaZulu coach Franco accuses Pirates of unsportsmanlike behaviour: AmaZulu coach Pablo Franco Martin felt hard done by the officiating of their 1-0 DStv ...
sowetanlive.co.za/sport/soccer/2024-04-21-amazulu-coach-franco-accuses-bucs-of-no-fair-play-and-celebrating-like-winning-a-world-cup/
AmaZulu coach Franco accuses Pirates of unsportsmanlike behaviour
Profile picture of The Hill (newspaper)
Mortgage rates top 7 percent for first time in 2024: Mortgage rates topped 7 percent for the first time this year, according to data released Friday by Freddie ...
thehill.com/business/4605828-mortgage-rates-top-first-time/
Mortgage rates top 7 percent for first time in 2024
Quick Glance: Mortgage Rates Surge Above 7% in 2024, Posing Major Dilemma for Homebuyers
  • US mortgage rates have surged above 7%, increasing costs for homebuyers.

  • The rise in mortgage rates impacts monthly costs, limiting purchasing power.

  • Uncertainty surrounding rate trends poses a decision dilemma for potential homebuyers.

  • Experts anticipate a moderate easing of mortgage rates later in the year.
Profile picture of Common Dreams
From Namibia to Gaza With Love: The Israeli brutality in Gaza, but also the Palestinian sumud, resilience and resistance, are inspiring the Global South to ...
commondreams.org/opinion/namibia-gaza-solidarity
From Namibia to Gaza With Love
Profile picture of RFI
Number of African-born millionaires to skyrocket over next decade: report: Africa’s millionaire population is expected to rise by 65 percent within the next 10 ...
rfi.fr/en/africa/20240419-african-born-millionaires-will-skyrocket-in-the-next-ten-years
Number of African-born millionaires to skyrocket over next decade: report
Profile picture of TimesLIVE
Police arrest two for kidnapping of dogwalker, 85, at popular Joburg park: The victim was released at Montgomery Park nearly two months after the abduction.
timeslive.co.za/news/south-africa/2024-04-26-police-arrest-two-for-kidnapping-of-dogwalker-85-at-popular-joburg-park/
Police arrest two for kidnapping of dogwalker, 85, at popular Joburg park
Profile picture of Taiwan News
Taiwan 2024 GDP forecast is 3.29% | Taiwan News | Apr. 25, 2024 14:16
taiwannews.com.tw/en/news/5673279
Taiwan 2024 GDP forecast is 3.29% | Taiwan News | Apr. 25, 2024 14:16
Profile picture of Forbes Africa
MEET THE CLASS OF 2024: Passion, Purpose And A Decade Of The 30 Under 30 List: The milestone speaks for itself: it’s the 10th anniversary of FORBES AFRICA’S 30 ...
brnw.ch/21wIYGl
MEET THE CLASS OF 2024: Passion, Purpose And A Decade Of The 30 Under 30 ...
Profile picture of IOL
BREAKING NEWS: ANC loses court bid against MK Party over use of name and logo: In a landmark ruling, the High Court in Durban has sided with the umKhonto weSizwe ...
iol.co.za/news/politics/breaking-news-anc-loses-court-bid-against-mk-party-over-use-of-name-and-logo-0ac221ca-1cc5-48e6-a3e2-fbe10ceea6c8
BREAKING NEWS: ANC loses court bid against MK Party over use of name and ...
Profile picture of Bloomberg
South Africa Evades US Censure Even as It Builds Links to Rivals, Such as China: South Africa is playing all sides when it comes to foreign policy as the country ...
bloomberg.com/news/articles/2024-04-22/south-africa-evades-us-censure-even-as-it-builds-links-to-rivals
South Africa Evades US Censure Even as It Builds Links to Rivals ...
Profile picture of The Hill (newspaper)
Could interest rate hikes be keeping inflation high?: The stickiness of the post-pandemic inflation is raising questions about how effective high interest rates ...
thehill.com/business/4612114-could-interest-rate-hikes-be-keeping-inflation-high/
Could interest rate hikes be keeping inflation high?
Profile picture of TimesLIVE
Three suspects linked to 30 murders shot dead in Booysens, Joburg: Three suspects were shot dead and three others were arrested after a shootout with a law ...
timeslive.co.za/news/south-africa/2024-04-16-three-suspects-linked-to-30-murders-shot-dead-in-booysens-joburg/
Three suspects linked to 30 murders shot dead in Booysens, Joburg
Profile picture of Bloomberg
Chanel CEO Says Price Hikes Driven by Inflation, Craftsmanship: Chanel’s chief executive officer defended the luxury brand’s pricing after it raised the cost of ...
bloomberg.com/news/articles/2024-04-25/chanel-ceo-says-price-hikes-driven-by-inflation-craftsmanship
Chanel CEO Says Price Hikes Driven by Inflation, Craftsmanship
Profile picture of N-tv
By almost 20 percent: gas prices in Germany are rising again: The regular VAT rate for gas has been in effect again in Germany since the beginning of April. This ...
n-tv.de/wirtschaft/Gaspreise-in-Deutschland-steigen-wieder-article24889291.html
By almost 20 percent: gas prices in Germany are rising again
Profile picture of Africanews
Cape Town named Africa’s Best Airport 2024 | Africanews: While celebrating this regional success, Cape Town International Airport has experienced a slight drop ...
africanews.com/2024/04/19/cape-town-named-africas-best-airport-2024/
Cape Town named Africa’s Best Airport 2024 | Africanews
Profile picture of hna.de
Financial assets of private households at a record high: Overall, people in Germany have more financial assets than ever before. However ...
hna.de/wirtschaft/geldvermoegen-privater-haushalte-auf-rekordhoch-zr-93018343.html
Financial assets of private households at a record high
Profile picture of TimesLIVE
POLL | Should Longwe Twala take the stand at the Meyiwa murder trial?: Should the Pretoria high court subpoena Longwe Twala and everyone else who was present in ...
timeslive.co.za/news/south-africa/2024-04-23-poll--should-longwe-twala-take-the-stand-at-the-meyiwa-murder-trial/
POLL | Should Longwe Twala take the stand at the Meyiwa murder trial?
Profile picture of TimesLIVE
WATCH LIVE | Senzo Meyiwa murder trial continues: Five men on trial for allegedly killing footballer Senzo Meyiwa are back in the Pretoria high court on Friday.
timeslive.co.za/news/south-africa/2024-04-26-watch-live-senzo-meyiwa-murder-trial-continues/
WATCH LIVE | Senzo Meyiwa murder trial continues