7 things you need to know today
CAPE TOWN - Good morning. This is all the latest business news that you need to know today.
President Cyril Ramaphosa has said part of the country's response to boost economic growth, including the reassurance of agencies such as Moody’s Investors Service, which last week revised its outlook of South Africa from stable to negative, lay in prioritising implementing policy reforms, creating policy certainty, consistency and predictability for investors to have confidence in the economy.
The South African currency whipsawed weaker yesterday as lingering ratings reprieve ran its course while uncertainty regarding US-Sino trade progress paused risk-on momentum according to NKC Research.
The chief executives of private companies and state-owned enterprises yesterday rallied behind the government’s bold ambition to raise R1.2 trillion in new domestic and international investment over the next five years by committing R363 billion to boost the economy.
Checkers is gearing up for its 6th Black Friday sales bonanza on November 29 when both Shoprite and Checkers customers will be able to stock up for the fast-approaching holiday period with massive discounts on various grocery and household essentials.
The Devmco Group, the company behind Sibaya developments OceanDune Sibaya and Pebble Beach Sibaya as well as Gold Coast Estate have announced that they achieved R36 million in sales in one week.
WhatsApp has recently submitted a new update through the Google Play Beta Program that give users that have installed the new beta update, new emojis, according to WABetaInfo.
Earlier this year a report published by fintech firm Bitpanda and market research company GlobalWebIndex indicated that 1 in 5 European crypto holders are women.
BUSINESS REPORT ONLINE