Since 2004, complaints have piled up against Hlophe. The list is filled with allegations you don't want a senior judge to face, writes Adriaan Basson.
Morning clouds. Cool.
United States non-farm payrolls for the month of December came in lower than expected as the US economy added 145 000 jobs instead of the forecast 160 000 jobs.
The rand recovered from its earlier slump which saw it fall to a session low of R14.45/$. The local unit rallied to peak at a session high of R14.19/$ before it was recorded trading 0.44% firmer at R14.23 against the dollar.
Gold climbed to a three-month high to clinch its best annual performance since 2010, as a weaker dollar helped cap a year marked by global economic jitters and trade frictions.
The West African Economic and Monetary Union has agreed with France to a number of changes to the CFA franc currency, says Ivory Coast's president.
After having opened and trading mostly firmer in the morning session on Thursday, the local bourse relinquished most of its gains despite eventually closing firmer on the day.
Rand volatility is at a five-year low. Don’t count on it staying that way.
The local bourse got off to a slow start as it retreated marginally in earlier trading before it found momentum towards the afternoon session.
The United States bill could potentially complicate the ongoing US-China trade talks which could result in a deal not being signed soon.
The local bourse took a leaf from the firmer closes in Asian markets where the Hang Seng and Shanghai Composite Index closed 1.35% and 0.8% higher respectively, while the Nikkei managed gains of 0.49%.
The rand climbed and government bonds gained the most in 20 months after South Africa clung to its last investment-grade credit rating.
Miners have surged over the past couple of sessions on the back of firmer metal commodity prices, which have risen on the back of the tensions between the USA and Iraq.
The rand weakened by as much as 2% on Friday morning in the wake of the assassination of Qasem Soleimani by the US military.
The current strength of the rand appears to be "somewhat divorced" from actual sentiment around the SA economy, an emerging markets economist tells Fin24.
While the local unit usually strengthens over December, there are additional driving forces behind its recent rally, says an analyst.
The JSE struggled for direction on Monday before eventually closing mildly softer after a muted session.
The JSE slipped on Friday led by losses in the resources index where miners lost significant ground due to relatively weaker metal commodity prices.
Locally, the South African Reserve Bank decided to keep the repo rate unchanged at 6.50% as the bank reiterated that future policy decisions would continue to be data driven.
US indices recorded fresh all-time highs led by tech shares as the main equity bourses continued to show signs of resilience. The upward momentum started off in Asia as the Hang Seng and Shanghai Composite Index closed 1.55% and 1% higher respectively.
The JSE closed softer on Friday as it lost momentum towards the close led by losses in the industrials and resources sectors.
'Of the may things we able to control, the exchange rate is not one of them,' says Kganyago.
Cape Town Northern SuburbsMouldmed Locum International Exchange
Cape TownCape Town
Cape TownMass Staffing ProjectsR500 000.00 - R700 000.00 Per Year
Apartments / Flats
R 9 400
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R 13 950
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