[ad_1] Compared to the RBA’s latest economic forecasts, Betashares chief economist, David Bassanese predicts the coming year will see stronger economic growth, lower inflation, and a “modest lift” in the…
Tag: currency
China Banks Tighten Curbs on Russia After US Sanctions Order
[ad_1] China’s state-owned banks are tightening curbs on funding to Russian clients after the US authorized secondary sanctions on overseas financial firms that aid Moscow’s war effort in Ukraine, people…
Australian share market closes lower after mixed session on Wall Street — as it happened
[ad_1] European retail giant Carrefour will no longer sell PepsiCo products in its stores in France, Italy, Spain and Belgium after the items became too costly. Beginning on Thursday in…
Raid on Billionaire Dangote’s Office Spooks Nigerian Businesses
[ad_1] Looking back, it was a sign of things to come for Nigeria’s elite. Last week’s raid by the anti-graft commission on the offices of Aliko Dangote, Africa’s richest person…
South Africa Antitrust Probe Into Rand-Fixing Collapses, BD Says
[ad_1] South Africa’s Competition Appeal Court dismissed the cases against most of the 28 banks accused of colluding to fix the rand in the New York foreign exchange market almost…
How the ANC Ensnared Itself in a Fiscal Trap: Next Africa
[ad_1] Welcome to Next Africa, a twice-weekly newsletter on where the continent stands now — and where it’s headed. Sign up here to have it delivered to your email. South…
Live: ASX to open flat as traders watch for interest rate hints
[ad_1] Good morning and welcome to the ABC’s business and markets blog. It’s been a quiet morning so far, with investors watching closely this week for signs of interest rate…
Denmark Picks Kettel Thomsen as Governor to Defend Krone Peg
[ad_1] Denmark has picked Christian Kettel Thomsen, 63, as its new central bank governor to defend the strengthening Danish krone’s peg to the euro. The economist, currently a vice president…
South Africa Is on the Road to Becoming a Failed State
[ad_1] What with banking crises and market gyrations on both side of the Atlantic, you probably haven’t noticed what’s going on in South Africa. But if you think you’ve got…