13 C
Port Elizabeth
Tuesday, October 17, 2017

Repo Rate remains unchanged

The repo rate will remain unchanged at 7%, Reserve Bank Governor Lesetja Kganyago said on Tuesday. “The Monetary Policy Committee (MPC) has unanimously decided to...

Ford Issues Safety Recall for Kuga 1.6

Ford South Africa is issuing a safety recall for Kuga models equipped with the 1.6-litre engine to address an engine overheating condition that could...

WEALTH SHOCK: Eight men own as much as half the world’s population

By Ben Hirschler DAVOS, Switzerland (Reuters) - Just eight individuals, all men, own as much wealth as the poorest half of the world's population, Oxfam...

South Africa, China and UK face Moody’s downgrade

By Marc Jones LONDON (Reuters) - Moody's is likely to make key rating calls on Britain, China and South Africa among others this year as...

Motorists in for hefty fuel increase on Wednesday

Motorists will have to dig deeper into their pockets as all grades of petrol are due to increase on Wednesday. In a statement last week,...

Coke buys back majority stake in African bottling venture

By Philip Blenkinsop and Martinne Geller BRUSSELS/LONDON (Reuters) - Coca-Cola Co <KO.N> has reached a deal to buy Anheuser-Busch InBev's <ABI.BR> majority stake in their...

Bird flu outbreak sees more culling in Japan

By Osamu Tsukimori and Manolo Serapio Jr TOKYO/MANILA (Reuters) - A virulent strain of airborne bird flu extended its shadow across northeast Asia as Japan...

OPEC, non-OPEC agree on first global oil pact since 2001

By Vladimir Soldatkin, Rania El Gamal and Alex Lawler VIENNA (Reuters) - OPEC and non-OPEC producers on Saturday reached their first deal since 2001 to...

Concerns as Zimbabwe introduces “Bond Notes”

By Ed Cropley HARARE (Reuters) - In Zimbabwe, where worthless $100 trillion (80.36 trillion pound) notes serve as reminders of the perils of hyperinflation, President...

Municipality announces tough credit control changes as debtors book hits R2 billion

Nelson Mandela Bay Municipality Executive Mayor Athol Trollip announced stringent credit control measures as the institution’s debtors book reached R2 billion in outstanding revenue. An...

Weather

Port Elizabeth
light intensity shower rain
13 ° C
13 °
13 °
71%
8.7kmh
40%
Wed
16 °
Thu
16 °
Fri
19 °
Sat
21 °
Sun
20 °

Currency

ZAR - South African Rand
USD
13.3161
GBP
17.7087
EUR
15.7170
AUD
10.4808
CNY
2.0206
JPY
0.1191