As the alleged wrongdoing at Bishops Diocesan College shows, equating wealth with virtue is a bad idea, writes Helena Wasserman.
High level clouds. Mild.
Kganyago noted that economic activity remains weak.
As expected, the Reserve Bank cut interest rates by 25 basis points on Thursday.
If your property's new municipal value increased by less than 22%, your property rates bill could go down.
Economists expect the SA Reserve Bank's monetary policy committee to keep the repo rates unchanged at 6.75% on Thursday.
The JSE retreated on Wednesday as it tracked other global markets lower ahead of the US Fed’s rate decision.
Inflation for manufacturers decreased 0.8% from December 2018 to 4.1% in January 2019.
The Joburg city council definitely fell well short of its targets on repairing potholes and issuing rates certificates – but the Auditor-General can't judge by how much because of the state of its books.
Inflation for December moderated to 4.5%, in line with market expectations.
Analysts haven’t been this divided on a South African rate decision since March 2016 - and then the central bank responded with a hike.
Small open economies like South Africa are likely to suffer from global trade wars, Reserve Bank Governor Lesetja Kganyago has said.
The European Central Bank cut interest rates further below zero and revived bond purchases after President Mario Draghi overcame critics of his stimulus policies to make a final run at reflating the euro-area economy.
People in Zimbabwe are worried about what could happen if their livelihoods are tied to the country's new currency.
The announcement was made by the central bank's governor Lesetja Kganyago at a media briefing in Pretoria on Thursday afternoon.
The rand gained 1.9% against the US dollar on Wednesday, following the US Federal Reserve Bank's announcement to keep rates on hold.
Much higher rates are on the cards.
The City of Johannesburg now has more than R16 billion owing from residents that it does not expect to recover. Meanwhile, its own councillors owed it more than R1 million on their own consumer accounts at the end of its financial year.
Ferial Haffajee was looking forward to seeing what the DA was going to do with Johannesburg. What followed, she says, was disappointment and dirt.
The world economy continues to expand but there are signs that growth has peaked, according to global investment manager Schroders.
The storm clouds are gathering and are about to burst for consumers, economists warned after poor GDP data confirmed that South Africa was in a technical recession.
SARB Governor Lesetja Kganyago will announce on Thursday afternoon whether interest rates will be adjusted.
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