FinWise shares the truth behind living on R25,000 in Durban, sparking debate among locals on affordability in KwaZulu-Natal amid rising costs of living.
Economy
Most viewed
Popular
-
"Yet salaries are barely adjusted": Advert of grocery prices in 2019 gives SA chest pains
-
Clicks launches new retailer to rival major SA grocery stores, sparking mixed feelings online
-
Fixing food could produce trillions in annual benefits: report
-
EU rules have failed to cut car C02 emissions: report
-
Official September fuel price hike: petrol and diesel prices soar from Wednesday
Economy Latest News
Yen sinks to 34-year low past 160 per dollar
The yen sank to a new 34-year low past 160 per dollar on Monday after a forecast-beating US inflation reading dented expectations for US interest rate cuts this year. "Markets appear to be trying to push dollar-yen towards 160 in the absence of official intervention," said Vishnu Varathan, at Mizuho Bank.
Yen slides to fresh 34-year low against dollar, stocks rally
The yen slumped to a fresh 34-year low against the dollar on Monday, fuelling expectations Japanese authorities would step in to support their currency for the first time since late 2022. The yen slipped to 160.17 to the greenback in morning trade, stirring speculation that Japanese authorities would intervene to arrest its slide.
Pope holds mass in Venice's St Mark's, first trip in months
Pope Francis presided over mass in Saint Mark's Square in Venice on Sunday, warning of environmental damage and over-tourism in a closely watched visit, the first for the ageing pontiff outside Rome since last year.
Tesla CEO Elon Musk in China for talks
Tech billionaire and Tesla CEO Elon Musk was in China for talks on Sunday, making his second trip in less than a year to the world's biggest market for electric vehicles. "It's good to see electric vehicles making progress in China," he was quoted as saying by a state-backed media outlet on Sunday.
US Fed to meet amid dwindling hopes of summer rate cuts
The US Federal Reserve is highly likely to keep interest rates unchanged later this week, as policymakers contend with a recent uptick in inflation that has sharply cut the chance of a summer start to interest rate cuts.
Gaza set to dominate Saudi-hosted global economy summit
The war in Gaza and broader Middle East tensions are expected to get top billing at a Saudi-hosted special meeting of the World Economic Forum that begins on Sunday.
Olympic deal shows bubbling market for zero-alcohol beers
For the first time this summer, as sportswomen and men strive for victory in Paris, spectators will be able to sip the official beer of an Olympic Games. But as the market has grown, brewers have upped their game and spent big on making their products more palatable.
Rating agencies doubt France's target to cut massive debt
Two major ratings agencies left their assessment of France's huge debt pile unchanged Friday, but cast doubt on the government's debt reduction target. But both agencies cast doubts.
Daimler Truck braces for possible strike in 3 southern US states
Around 7,200 workers with Daimler Truck in three southern US states were poised Friday for a potential strike as labor contract talks headed down to the wire. Representatives for the United Auto Workers and Daimler Truck have been in talks over a new contract to replace the one that expires at midnight Friday night for workers who build long-haul trucks and buses.
Economy
Load more