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
Clean energy drives massive BHP takeover bid
BHP's multi-billion-dollar bid to buy rival Anglo American promises to be the largest mining merger deal in decades, and one driven by the race for cleaner energy and green metals. Analysts say the rationale behind BHP's near US$40 billion bid can be summed up in one word: copper.
Miner Anglo American rejects BHP's $38.8 billion takeover bid
British mining giant Anglo American on Friday rejected a blockbuster $38.8-billion takeover bid from Australian rival BHP, slamming it as "highly unattractive" and "opportunistic". "The proposed structure is also highly unattractive, creating substantial uncertainty and execution risk borne almost entirely by Anglo American, its shareholders and its other stakeholders."
Weak yen pressures Bank of Japan rate decision
The Bank of Japan was widely expected to keep its ultra-low interest rates unchanged Friday but analysts say the tumbling yen is putting pressure on officials to act. The central bank ditched its negative interest rate policy in March as it announced its first hike in 17 years, giving a brief lift to the yen.
End of the road? Philippine jeepneys face uncertain future
The first jeepneys rolled onto the streets of the Philippines just after World War II -- noisy, smoke-belching vehicles initially made from leftover US Jeeps that became a national symbol. - 'Spirit of the jeepney' - Teodoro Caparino, who has been driving a jeepney for 35 years, hopes the government will decide to fix existing jeepneys rather than replace them with "Chinese-made vehicles".
Oil: 'Mother of corruption' in Venezuela
Corruption in Venezuela's oil industry is a many-headed monster that has devoured billions of dollars in taxpayers' money in the past 20 years, experts say. To date, oil-related graft has cost the country tens of billions of dollars, with "very little chance of getting it back," she said.
United by grief, families of Boeing crash victims demand justice
They can't bring back their children, siblings or partners, but five years on, the families of the 2019 Boeing crash victims want to ensure a similar tragedy never happens again. Ike Riffel, who lost his two children in the crash, said he is hopeful that the group of family members can get justice for the victims.
2 million bottles of Perrier ordered destroyed by French agency
Perrier destroyed two million bottles of its famous sparkling water suspected of being contaminated with "faecal" bacteria under government orders, the public health agency said Thursday.
DR Congo accuses Apple of using 'blood minerals' from war-torn east
The government of the Democratic Republic of Congo is accusing Apple of using "illegally exploited" minerals extracted from the country's embattled east in its products, lawyers representing the African country said Thursday. Macs, iPhones and other Apple products are "tainted by the blood of the Congolese people", the DRC's lawyers said.
Strong pricing boosts Caterpillar profits
Caterpillar reported a jump in profits Thursday as strong pricing for industrial machinery made up for lower volumes, enabling record shareholder payouts. But profits jumped 47 percent to $2.9 billion.
Economy
Load more