LONDON-The pound rose to a one-year high against the dollar after U.K. inflation accelerated more than forecast, prompting investors to bring forward expectations for an interest-rate increase by the Bank of England next year.
NEW YORK-Investors have poured $19,2 billion into local-currency emerging-market debt funds this year. That’s the fastest pace of flows since 2010, helping to drive some of the biggest returns on record.
PRETORIA-Standard Bank Group Ltd. appointed Sim Tshabalala as sole chief executive officer, ending a dual role he shared with Ben Kruger, and making him the first black person to lead Africa’s largest lender independently.
Africa Moyo BH24 Reporter THE Insurance Council of Zimbabwe (ICZ) – which is the representative body of the short-term insurance industry – is set to be grilled by the Parliamentary Portfolio Committee on Transport and Infrastructure Development over confusion pertaining to...
Livingstone Marufu BH24 Reporter Approximately 29 000 Small to Medium Enterprises (SMEs) have benefitted from Works Programme meant to formalise small businesses in order for them to access more resources.