Carney may have bigger worries than the pound

by www.iol.co.za

Bank of England Governor Mark Carney’s inflation problem goes beyond surging import costs.


Read Full Article On www.iol.co.za
Latest
Today Anheuser-Busch InBev has a portfolio of 200 brands, of which 16 have annual sales more than R13.25 billion.
Business Reporter September inflation rose to 0,78 percent following prices increases as foreign currency shortages continued to affect the retail sector but the full effect of the recent wave of pric
Taurai Mangudhla Senior Business Reporter The National Social Security Authority is set to lose property worth $628 000 after it was attached by a former employee who won his case at the High Court. T
Ishemunyoro Chingwere Business Reporter Premier Service Medical Aid Society (PSMAS), has joined international whistle-blowing platform, Tip Offs Anonymous, as it continues its re-branding exercise and
Business Reporter The Funeral Assurance sector’s technical profits for the second quarter to June 30, 2017 fell 41 percent to $2,79 million from $4,67 million with the Insurance and Pension Commission
Livingstone Marufu Business Reporter COOKING OIL manufacturers have supplied 4, 4 million litres of the commodity to the market since brief shortages a fortnight ago, which has restored availability o
Golden Sibanda Senior Business Reporter BANKS are reportedly not clear on how best to treat certain fiscal taxation issues amid fears blunders could create onerous future tax liabilities. One of the a
KIGALI. — The hotel sector in Sub-Saharan Africa has evolved during the past decade due to high demand growth, entrance of new global brands and increasing supply in major markets. This is the overvie
Taurai Mangudhla Senior Property Reporter Venture capital firm, Vakayi Capital, is on the verge of sealing a $5 million deal with an undisclosed European investor towards various infrastructure projec
Tinashe Makichi Property Reporter TM/Pick n Pay has called off its intended construction of a $2,5 million shopping outlet along Kirkman Drive in Harare. TM/Pick n Pay managing director Malcom Mycroft
SHANGHAI. — Among Asian cities, Shanghai, the commercial and financial centre of China, is on track to become part of the “Big Seven” group of Established World Cities before the end of the decade. Th
Herbert Zharare Chinhoyi University of Technology (CUT) has embarked on various construction projects and property acquisition for it to meet its mandate of being a technology, innovation and entrepre
Kenya's Internet connectivity has been ranked below leading economies on the continent, including South Africa, Egypt, Ethiopia and Ghana. It also lags behind the East African region in some indicator
Foreign investors are fleeing the Nairobi bourse amid heightened political uncertainty in the country, selling shares worth Sh34.2 billion in three months.
Bandai is releasing a mini version of Tamagotchi to celebrate its 20th anniversary.
It is said that success is when preparation meets opportunity. When you are thoroughly prepared ahead of a pitch, your chances of success are much higher. We have seen entrepreneurs pitch their busine
Amazon.com has introduced its first waterproof Kindle e-reader. Find out more about the new device.
Sanlam has entered into agreements to acquire 100% of the issued share capital of Absa Consultants and Actuaries from Absa Financial Services.
In Saudi Arabia, a kingdom where postal codes are rarely used, most people pay in cash, and shopping is done in giant air-conditioned malls
Billionaire Anil Agarwal has increased his stake in Anglo American to 19%, making him the biggest shareholder in the blue-chip mining company.
OUTA wants National Energy Regulator to prioritise saving the economy rather than granting Eskom a massive price increase.
The SACB Justice and Peace Commission calls on the government to signal their fight against corruption by establishing an anti-corruption court.
Super Group has raised R500m through an accelerated bookbuild offering to partly pay for recent acquisitions.
The Coega Development Corporation has been certified as the Top Employer 2018 - Certified Excellence in Employer Conditions, for the third year.
SA stock exchange investors are about to get their first opportunity to bet on income from housing students enrolled at the country’s campuses.
The IMF’s steering committee warned that global growth is at risk of faltering in coming years.
As it happens, Join in and watch live from Munich where Huawei CEO Richard Yu announces the Huawei Mate 10.
As it happens, Join in and watch live from Munich where Huawei CEO Richard Yu announces the Huawei Mate 10.
The first virtual school to offer CAPS and Cambridge curriculum from Grade R to Grade 12, THINK Digital College is now available in SA.
Alleged corporate corrupt transactions, involving global conglomerates keep on hitting the headlines of news publications writes Adri Senekal de Wet.
The Federation of Kenya Employers (FKE) wants parties in the upcoming presidential election to consider dialogue to deliver the country out of economic crisis
A landmark skyscraper owned by Hong Kong's richest man Li Ka-shing has sold for a record of more than $5 billion, a report said Monday, indicating that the city's booming property sector shows no sign
Public Enterprises Minister Lynne Brown is facing a love triangle with Eskom, the Gupta's and her romantic partner, Ingrid Tufvesson.
Public Enterprises Minister Lynne Brown is facing a love triangle with Eskom, the Gupta's and her romantic partner for unfairly awarding oil contracts.

Recent News

State Treasurer John Chiang extends sanctions on Wells Fargo for another year

The state of California will continue its financial sanctions against Wells Fargo for a second year following a string of new disclosures about bad practices at the bank since its sham accounts sc
Read Full Story

Power plant developer pulls the plug on its natural gas project in Oxnard

The developer of a proposed natural gas power plant in Ventura County asked state regulators Monday to suspend review of the plans, effectively ending the controversial project. In response to reg
Read Full Story

Haley says Iran move strengthens Trump’s hand on North Korea

WASHINGTON (AP) — U.S. Ambassador to the United Nations Nikki Haley says that President Donald Trump is strengthening his ability to resolve the North Korea nuclear crisis by threatening to abandon t
Read Full Story

Cause of deadly Honolulu high-rise fire can’t be determined

HONOLULU (AP) — Honolulu fire officials say the cause of a deadly high-rise apartment fire can’t be determined. Honolulu Fire Chief Manuel Neves says the fire started in unit 2602, but the exac
Read Full Story

3 men plead not guilty to bribery charges in pollution case

BIRMINGHAM, Ala. (AP) — Two attorneys with a prominent Alabama law firm and a coal company executive are pleading not guilty in an alleged bribery scheme involving pollution in Birmingham. Federal co
Read Full Story

Bannon-backed PAC backs Wisconsin, Arizona Senate candidates

DES MOINES, Iowa (AP) — The political action committee affiliated with Steve Bannon is supporting a retired Marine over a veteran legislator in Wisconsin’s Republican Senate primary. Officials
Read Full Story

Rose Garden peacemaking: Why Trump was kind to Bannon

President Donald Trump threaded a needle in the Rose Garden on Monday. There he was, standing next to his necessary ally and sometimes rival, Senate Majority Leader Mitch McConnell, and being asked ab
Read Full Story

WATCH: Robert Reich destroys pro-Trump economist for lying about tax cuts ‘benefits’ to the middle class

As per usual, former Clinton Labor Secretary Robert Reich word-sparred with pro-Trump economist Stephen Moore about tax cuts. But the segment diverged from the norm when host Erin Burnett joined in to
Read Full Story

Oil prices firm as Iraq tensions escalate, shares extend rally

TOKYO (Reuters) - Oil prices held firm on Tuesday after Iraqi forces seized the oil-rich city of Kirkuk from largely autonomous Kurdish fighters while Asian shares look set to extend their bull run on
Read Full Story

If President Trump Were Cognitively Impaired, How Would We Know?

Senator Corker compared the White House to an “adult day care.” Other observers, as well as public behaviors, have raised concerns that Trump is suffering cognitive problems. Whether he indeed is impa
Read Full Story

Toke the good with the bad: Marijuana saves lives & alters brains, studies show

A new study finds the legalization of cannabis in Colorado was associated with “a statistically significant reduction” in opioid-related deaths. Another study shows that long-term use o
Read Full Story

Israel approves first new settlement in UNESCO-protected Hebron in 15 years

Israel has approved 31 new settlement homes in the city of Hebron in the West Bank for the first time in 15 years. Read Full Article at RT.com
Read Full Story