OPINION: A Sovereign wealth fund is vital for SA

by www.iol.co.za
Sovereign wealth funds are vital for South Africa's economic growth and Minister Gigaba must consider such a fund in SA, writes Adri Senekal de Wet.
Read Full Article On www.iol.co.za
The rand weakened after being driven by a firming dollar and negative sentiment ahead of credit rating decisions at the end of this week.
Luke Mckend, Google SA country director writes about how retailers are stepping it up a level as the festive season approaches.
PwC has called on the industry to transform or risk a more fragmented sector in the future because of the slow pace of change.
A tool developed by Nasa scientists can pinpoint which glaciers and ice sheets are contributing to changing sea levels in almost 300 coastal cities.
Injured opener David Warner has been named in the Australia side to face England in the first Ashes Test, starting Thursday.
Online retailer loot.co.za, is anticipating sales growth of up to 100% this year in the upcoming Black Friday weekend.
The Reserve Bank of Zimbabwe (RBZ) has warned members of the public against using Bitcoin, saying its use is not legal in the country. The RBZ has been lax towards regulating the crypto currency argui
Taurai Mangudhla Senior Business Reporter ZIMBABWE’S largest beverage maker, Delta Corporation’s legal battle to get interest of close to $700 000 on charges of underestimated taxes from state revenue
Enacy Mapakame Business Reporter Depressed production volumes saw Hippo Valley Estates, a local unit of South African sugar producer Tongaat Hulett, report a 13 percent decline in revenue to $72 milli
“Cash is king!” Many times over, this statement has proven to be true, particularly in tough trading environments such as ours. The cash, we are referring to in this article is “cash” in the business
Business Reporter More than two million Old Mutual Zimbabwe shares have traded on the Financial Securities Exchange (Finsec) Alternative Trading Platform (ATP) board since December 2016, official figu
Qatari phone carrier Ooredoo QSC decided to bid for the insolvent owner of Turkey’s biggest telecommunications company to rival an offer from Saudi Telecom Co., three people with knowledge of the matt
The Turkish lira hit record lows in value against the U.S. dollar Tuesday as investors took fright over an impending trial in the United States and changes to banking regulations.
Researchers, analysts and university students have struggled in the past to access updated economic data that helps them complete their research in a short time.
Europe’s main stock markets rose Tuesday, with the DAX climbing 1 percent despite continued political uncertainty in Germany, while EasyJet’s share price was propelled higher on a positive outlook.
Tunisia will continue with a package of painful economic policies, Prime Minister Youssef Chahed said Tuesday, despite resistance from labor unions and business associations to changes that will raise
Morocco’s currency regulator has announced a ban on transactions in bitcoin and other virtual currencies, in a country where foreign exchange flows are tightly controlled.
Seeing an attempt to block its buyout out of Time Warner as a radical departure by the U.S. government, AT&T is preparing for a fight to see the $85 billion deal through.
Saudi Arabia’s sovereign wealth fund finalized a deal to take over the management of Riyadh’s $10 billion unfinished financial hub as the government attempts to revive the project, according to people
Venezuela’s state-run PDVSA is siphoning oil from its cash-paying joint ventures with foreign firms to feed its domestic refineries, two sources close to the matter said, at a time when late debt paym
Bitcoin hit a record high, shrugging off earlier losses posted after the $31 million theft of a cryptocurrency peer renewed concern about the security of digital coins.
Johannesburg. – The rand was slightly weaker yesterday afternoon, but off its worst levels, as negative sentiment related to SA’s forthcoming credit-review decisions, and event-risk related to Z
LONDON – Gold rebounded yesterday as investors anticipated signals on the direction of US monetary policy from the minutes of a November Federal Reserve meeting. Spot gold was up 0,1 percent at
For every Sh100 the Kenyan Government collects in revenue, Sh25 will soon go towards servicing debt, the International Monetary Fund (IMF) has warned.
The adoption of online filing of returns using Kenya Revenue Authority's (KRA) iTax system has helped boost the country's tax administration ranking globally.
Tuskys Supermarkets is set to open two new branches in Kisumu and Kisii this week.
Kenya Bureau of Standards (Kebs) is shopping around for a new firm to pre-inspect imported second-hand motor vehicles.
The Government is in strategic talks with the UK over possible listing of the National Oil Corporation (Noc) on the London Stock Exchange (LSE).
Minister Gigaba correctly pointed out that growth is the key to fixing South Africa’s ills. Growth is what raises the average income per person.
Netcare has reported results for the year to end September that showed a business under pressure.
AEEI has announced the appointment of Kevin Hardy as chief executive of information and communication technology group, Ayo Technology Solutions.
Barloworld has given notice of its possible exit from logistics if its business failed to improve its return on invested capital.
Distribution and Warehousing Network has retrenched about 1300 people in the past two years.
Dr Pali Lehohla remarks on his experiences as South Africa’s statistician-general.

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