South Africa’s trade balance returns to a surplus in March
South Africa’s trade balance returned to a surplus in March as exports of metals and vegetables climbed, while imports of minerals products declined.
South Africa’s trade balance returned to a surplus in March as exports of metals and vegetables climbed, while imports of minerals products declined.
Solidarity says the jobs of approximately 60 000 employees in various industries across the country have been in the balance the past year due to large-scale retrenchment processes.
Gerhard Papenfus says the Metal and Engineering Industry Bargaining Council has itself to blame for its demise. It has created insurmountable obstacles in creating jobs.
Zambia on Monday bowed to pressure from mining companies to review a punishing three-fold hike in mineral royalties that led investors to threaten to pull out of the copper-rich country.
More than half of copper production in Zambia, Africa’s second biggest producer of the metal, is currently losing money with prices near 5-1/2 year lows, the country’s Chamber of Mines said
Swiss-listed shares of offshore drilling contractor Transocean slumped to an all-time low. Lenders Julius Baer and UBS were down 10 percent
This information has been prepared by IG, a trading name of IG Markets Limited
As if the plunge in oil prices is not enough of a worry for global policymakers, copper futures dived 6.2 percent to $5,499 a tonne when major chart support cracked and triggered a host of stop-loss sales
The longer-term graph of the gold price is ugly. Down a full third in the last two years, bullion failed to react to any of its normal stimuli from inflationary fears around Quantitative Easing through to geopolitical concerns sparked by Russia’s invasion of Ukraine.
3D printing – the creation of real products at remote locations through the transmission of data. 3D printing has been on the agenda at the World Economic Forum for a couple of years, this could be the year when it starts going mainstream.