Strait of Hormuz shipping is at near-total halt, JMIC says
As the Middle East conflict disrupts the key global artery for commodities from oil to fertilisers.
Miners and Transnet eye Ngqura terminal to boost SA exports
Planned 16m-tonne facility would replace Port Elizabeth manganese terminal and expand South Africa’s export capacity.
IMF ready to help economies squeezed by Middle East oil shock
She expressed concern for some Pacific Island countries that are among the most vulnerable to a disruption in global oil supplies.
Emerging currencies, equities set for worst week since pandemic
Haven demand for the greenback has pushed all emerging-market currencies lower versus the dollar this week.
Oil powers to 17% weekly gain as Mideast war rips through market
Brent for May settlement slid 1% to $84.55 a barrel at 11:23 a.m. in Singapore.
Netflix acquires Ben Affleck-founded AI moviemaking business
Financial terms weren’t disclosed. Affleck will join Netflix as a senior adviser, according to a statement Thursday. InterPositive employs about a dozen people.
Vat fight ends in court defeat for Godongwana
The declaration of invalidity by the court is suspended for a period of 24 months to afford Parliament an opportunity to correct the defect.
PGM supply deficit not over
Analysis of Implats’s results and the outlook for PGMs moving into supply deficits, plus what a prolonged Iran conflict could mean for SA’s economy.
Iran war fallout: Risks for the Red Sea and Horn of Africa
Linking Africa and the Middle East, these regions share a dense web of military, political and economic interactions.
Billions wasted, well over R10bn in trading losses – how Showmax failed
This entire business case was ill-considered, with subscription growth failing to meet lofty expectations.