19 C
Port Elizabeth
Friday, November 24, 2017

No solution to Greek debt write-down talks

A crucial marathon dialogue between the Greek government and private creditors in Athens over a Greek debt write-down deal as part of international efforts...

No surprise as rates left unchanged

The SA Reserve Bank (Sarb) has left its key repo rate at a historic low of 5.5%, in line with expectations. The consensus among analysts...

More downside risks for developing countries

Developing countries should prepare for further downside risks, as EuroZone debt problems and weakening growth in several big emerging economies are dimming global growth...

Kodak files for bancrupcy protection, SA stores not affected

Eastman Kodak Co, which invented the hand-held camera and helped bring the world the first pictures from the moon, has filed for bankruptcy protection,...

November retail trade sales up, but not as high as expected

Retail trade sales in November grew by 6.8% year-on-year according to Statistics South Africa (Stats SA) falling short of the expected 7.5% growth forecast...

Inflation breaches Reseve Bank target of 6%

The Consumer Price Index (CPI) remained at 6.1% in December, Statistics South Africa (Stats SA) said on Wednesday. “The headline CPI annual inflation rate in...

Weather

Port Elizabeth
few clouds
19 ° C
19 °
19 °
68%
5.1kmh
20%
Sat
17 °
Sun
19 °
Mon
18 °
Tue
22 °
Wed
21 °

Currency

ZAR - South African Rand
USD
13.9934
GBP
18.6490
EUR
16.6200
AUD
10.6641
CNY
2.1186
JPY
0.1257