CAPE TOWN - Good morning. This is all the latest business news that you need to know today.
South Africa’s economic freedom has dropped 54 places in only 19 years to a ranking of 101 out of 162 countries, according to the Economic Freedom of the World (EFW) 2019 Report released on Friday.
About US$799 million (R11.62 billion) has been traded on Zimbabwe’s official interbank foreign currency market, with the central bank hiking interest rates to 70 percent and introducing foreign currency savings bonds, the governor of the Reserve Bank of Zimbabwe said on Friday, highlighting that inflation would be tamed in the medium- to long-term outlook.
3. Old Mutual to see through bruising court battle against Moyo, says Manuel