Are fiat currencies doomed?
This is an exciting time to be a witness to the financial revolution unfolding, says Dawie Roodt, The Efficient Group.
Source: moneyweb.co.za
Page 28 - Efficient Group News Today : Breaking News, Live Updates & Top Stories | Vimarsana
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'Economic madness' to hike borrowing costs, experts warn
Organisations working in the economic policy space and other economic watchers have heavily criticised the decision by the central Bank to hike borrowing costs, labelling it a mistake. But some call it the right move.
Source: timeslive.co.za
Rocketing fuel prices set to drive SA interest rates sharply higher
Economy 'heading for a technical recession' – economist Dawie Roodt.
Source: moneyweb.co.za
2nd LD Writethru: Labor action forces South Africa's power utility to implement severe power cut
CAPE TOWN, June 28 (Xinhua) -- South Africa's power utility Eskom on Tuesday announced that it will enhance the level of load shedding from the current Stage 4 to the more severe Stage 6 in certain periods on Tuesday and Wednesday, citing unlawful and unprotected wage-related labor action that caused disruption to the utility's power plants.
Source: thestar.com.my
Economists are pessimistic as inflation wreaks havoc for consumers
Headline consumer price inflation (CPI) reached five-year highs in May. Driven by food and fuel prices, it went up well beyond expectations and beyond the SA Reserve Bank target surging to 6.5% last month from 5.9% in April.
Source: news24.com