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1-10 results from 1000 for query «banks»

22 October 2018 10:39 AM Firefighters still trying to contain Garden Route blaze

Firefighters are struggling to contain a fire which has been raging since Sunday in Vermaaklikheid, along the Garden Route. On Monday, Hessequa municipal manager Johan Jacobs said that two thatched houses on the banks of the Duivenhoksriver were destroyed in the fire. Fortunately, firefighters were able to save three other houses from a similar fate. "We are helping 19

21 October 2018 10:38 AM Gungubele: Rescuing VBS would send message that 'criminals can steal' and state will bail out

Deputy Finance Minister Mondli Gungubele has cautioned against a bailout of VBS Mutual Bank, saying rescuing the bank would send a message that “criminals can steal” and the state would pay, according to a Sunday Times report. Some MPs in the African National Congress (ANC) caucus have argued that government must step in to save the beleaguered bank, just as it did with African 25

01 October 2018 12:38 PM Chris Chameleon stars in alt-right lobby group AfriForum's new music video

Cape Town - Alt-right lobby group AfriForum has released an Afrikaans music video starring five local singers including former Boo! singer Chris Chameleon. According to the group’s YouTube page the song is a musical composition of “Die Gelofte” - an oath that was written by Sarel Cilliers in 1838 before the Battle of Blood River. The battle was fought 32

28 September 2018 4:12 AM Niger flood death toll up to 42: UN

At least 42 people have died in flooding in Niger since the start of the rainy season in June, most of them in northern desert areas, according to a UN report released on Thursday. Nearly 205 000 people have been affected by the floods, which have destroyed 16 992 houses, said the report by the UN's Office for the Coordination of Humanitarian Affairs 42

25 September 2018 9:22 AM Standard Chartered to stop financing new coal-fired power plants

Standard Chartered said it will stop financing new coal-fired power plants anywhere in the world as part of its commitment to supporting the Paris Agreement on climate change. The move follows "detailed consultation with a range of stakeholders", according to a statement on Tuesday from the London-based bank. Standard Chartered said its existing commitments 35

17 September 2018 9:00 AM Rand yo-yos in early trade as emerging markets on the back foot

The rand had a yo-yo session in early trade on Monday morning, briefly breaking through R15/$ shortly after 09:00. Senior Dealer at TreasuryONE, Andre Botha, said emerging markets were on the back foot, with Turkey down 2%. "We are also on the back foot, with the market concerned with trade fears, and that the US will implement further trade tariffs 24

15 September 2018 4:45 AM VIEW: Africa's 10 wealthiest cities

Four South African cities feature on the top 10 wealthiest list in Africa, according to the Africa 2018 Wealth Report - Johannesburg, Durban, Cape Town and Pretoria. The report unpacks wealth trends in Africa over the past 10 years. It defines "wealth" as the net assets of a person in US dollar terms - including property, cash, equities and business 59

11 September 2018 3:27 PM Florence could hit with punch not seen in more than 60 years

Hurricane Florence could inflict the hardest hurricane punch the Carolinas have seen in more than 60 years, with rain and wind of more than 209km/h. North Carolina has been hit by only one other Category 4 storm since reliable record keeping began in the 1850s. That was Hurricane Hazel in 1954. In comparison, Florida, which is closer to the equator and in line with the part of the Atlantic 32

04 September 2018 2:07 PM Nigeria hits MTN with new, $2bn tax bill

Nigeria has ordered Africa's leading mobile operator MTN to pay back taxes of $2bn just days after the government ordered it to repatriate $8.13bn, the company said on Tuesday. MTN gave a brief statement to the market in which it confirmed that Nigeria's attorney general gave "notice of an intention to recover the $2bn from MTN Nigeria". "Based on the detailed 32

03 September 2018 8:00 PM Childish Gambino’s animated new video features a crying Kanye West, Michelle Obama, Beyoncé and more

Cape town - Childish Gambino is back with another video that has everyone talking, but this time it’s about celebrity appearances instead of politics like when he released This is America earlier this year. The track is called Feels Like Summer and its a laid-back radio-friendly single for a hot day. Some of the lyrics include: "You can feel it in the streets 30