Economy
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Economy
The Group of Twenty (G20) South Africa
SA has vowed to seize the moment to shape the agenda, influencing a paradigm shift whereby G20 countries will be required to situate inequalities at the heart of economic policy making.
Wall Street advances as investors assess sentiment data
Date:Oct 10, 2025
Wall Street's main indexes gained on Friday, with the tech-heavy Nasdaq hitting an intraday record high, while investors analyzed the consumer sentiment data for fresh insights into the economy
EU pledges $13.3 billion in of investment in SA
Date:Oct 10, 2025
The European Union (EU) has pledged to invest $13.3 billion in South Africa (SA) in clean energy, infrastructure and pharmaceutical projects, it said late on Thursday.
Global financial watchdogs to ramp up monitoring of AI
Date:Oct 10, 2025
Global financial regulators have laid out plans for closer monitoring of the risks as banks and other parts of the financial industry ramp up the use of artificial intelligence
IMF team concludes Nairobi visit, holds talks on possible new support programme for Kenya
Date:Oct 10, 2025
An International Monetary Fund (IMF) mission has wrapped up a two-week visit to Nairobi.
Global financial watchdogs to ramp up monitoring of AI
Date:Oct 10, 2025
Global financial regulators have laid out plans for closer monitoring of the risks as banks and other parts of the financial industry ramp up the use of Artificial Intelligence (AI).
FAO launches new initiatives to strengthen livestock health, sustainability
Date:Oct 10, 2025
The Food and Agriculture Organisation (FAO) of the United Nations has unveiled a set of initiatives aimed at improving animal health and promoting sustainability in the livestock sector.
Levi Strauss slips as tariff-related costs weigh on forecast
Date:Oct 10, 2025
Levi Strauss's shares slipped 7.7% in premarket trading on Friday after the denim maker's annual profit forecast failed to meet investor expectations, as tariff-linked costs outweighed strong demand for wide-leg denims in Europe and the Americas
Rand slips as commodities take a breather
Date:Oct 10, 2025
The South African (SA) Rand softened in early trade on Friday as investors booked profits from a commodity rally spurred by geopolitical tensions, a United States (US) government shutdown and tariff-related economic uncertainties.
'China tightens checks on Nvidia AI chips at major ports'
Date:Oct 10, 2025
China has intensified enforcement of its import restrictions on United States (US) chips, including Nvidia's artificial intelligence (AI) processors, the Financial Times reported.
CEO of Johannesburg Stock Exchange to retire, Reddy to take over
Date:Oct 10, 2025
South Africa’s (SA) Johannesburg Stock Exchange (JSE) has announced that its Chief Executive Officer (CEO), Leila Fourie, will retire at the end of March 2026.
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