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With over 30 000 outlets, including Dis-Chem and Pick ‘n Pay now accepting crypto payments in South Africa, the tide may be turning in favour of this new technology – and this could be good news for the African continent.
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The pivotal and definitive outcome of the historic US elections for control of the White House and the Congress has wide ranging implications for the US economy and the rest of the world.
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Why do we consistently fare the worst?
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The latest MPC statement was again surprise-free, the committee having, for the sixth time over the past year, kept interest rates unchanged.
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As widely expected, the MPC decided to yet again leave interest rates unchanged.
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The good news is that South Africa has, after all, narrowly avoided a ‘technical recession’.
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As expected, the MPC unanimously decided at a fourth consecutive meeting (and its first meeting of 2024) to again keep interest rates unchanged and thus higher for longer.
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The simple fact is that business, particularly global business, makes the world go around.
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The decline in 3Q GDP growth to -0.2% from 0.5% in 2Q 2023 was worse than expected.
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While we commemorate the International Day of the Eradication of Poverty, it's crucial to not only recognise this enduring challenge but also to explore innovative solutions. Financial inclusion stands out as a pivotal instrument.
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