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Market watchers see a buying opportunity

Until the middle of February, world markets were enjoying a positive start to 2020. The MSCI World Index was up over 3% in the first seven weeks of the year. The JSE was not quite…

SAA moves to cut almost half its workforce

Employees of South African Airways (SAA) are being asked to submit themselves to an expedited consultation process on possible retrenchments that could see close to 2 270 workers laid off to avoid the liquidation of…

OPEC countries lose $500m a day in oil…

With oil erasing over a third of its value overnight after a messy breakup of the OPEC+ alliance, OPEC members are bleeding over half a billion dollars a day in lost revenue, according to Reuters…

Is March 8 a womens’ day or a…

The loincloth is getting a new colour on Women’s Rights Day in Pointe-Noire, the economic capital of the Republic of Congo. On March 8, the trend is to wear the loincloth. It makes you wonder…

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SA markets a sea of red

The JSE closed in a sea of red on Monday as investors grappled with the sinking oil price and fears around the coronavirus and its impact on global growth as trade and travel restrictions continue…