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But whoever wins faces a monumental challenge of reviving Investor Confidence in south africa and revitalising an economy which has been left in tatters by zuma. The current president inherited an economy in distress in 2009, but he also made it worse. Under his leadership, which has been defined by corruption and the weakening of the countrys institutions, south africa has endured two economic recessions in less than a decade. Unemployment stands at a whopping 27. 7 , the growth forecast for this year isjust 0. 7 , and Government Debt is more than two trillion rand. The dire state of the econ...

Overnight in asia, the nikkei was flat. The hang seng and the shanghai were slightly higher. In europe, in early trading right now, youll see there are mixed messages. For the most part the major averages are around the flat line. In italy things are down by 0. 9 . If you check out crude oil prices, right now it was up 1. 2 yesterday, giving back some of those gains this morning with wti at 54. 02. Lets get you updated on some big stories today. Earnings just out from Toll Brothers. The company earning 42 Cents Per Share in the first quarter. Revenue was better than expected. Home building del...

They must do a lot more with less and we must stop the improper payments and the abuses, negotiate better prices, and look for every last there are a of saving. Vorts are working on the budget. Today Dow Jones Industrial average closed at its ninth Straight Record high. Rising 32 points to 20,775. In addition ago did went the other way. Off a scandal 5. And the s p basically flat. It lost 2. 5. The potential for lower taxes and increased spending was discussed at length by policy makers at the Federal Reserve last meeting. That is leading to speculation that President Trumps proposed policies ...

Tell you about outside the world of business. At least 8 people are dead and five more believed missing after severe flooding yesterday near the utah arizona border. Heavy rain swept away a roadway and these are floods that came up very suddenly. Three people at least have survived the incident. There are at least approximate 13 fires burning right now. Hundreds of homes destroyed. Well have more on both of these developing stories a bit later this morning. First andrew has todays business headlines. Lets get you caught up on the stories this hour. The bank of japan is holding off on expanding...

Vonnie good morning david and stephanie. The city of brussels is under lockdown because of fear of an imminent terrorist attack. Schools, jobs, and the imminent subways schools, jobs, and the subway system remain close. They expect a peristyle attack with multiple attacks taking place at once. We will go to brussels for more in a moment. Francois hollande has the u. K. On board in his attempts to build a coalition to fight Islamic State he met with amy cameron today. That he met with David Cameron today. Tomorrow he meets with president obama in washington. Onn with Angela Merkel wednesday, an...