South Africa Financial News
14.11 / 05:28
Ball
stage
prevention
India vs NZ, Australia vs SA: Who would qualify for the World Cup final if rain disrupts semis
India will play against the semi-final against the fourth-placed New Zealand on November 15 at Wankhede Stadium in Mumbai, while South Africa and Australia will play against each other in the second semifinal on November 16 at historic Eden Gardens in Kolkata. The ICC has announced adjustments to the rules for the semi-final matches compared to the group stage. To account for rain interruptions, the semi-finals have a reserve day scheduled.
13.11 / 18:09
13.11 / 11:17
Europe
Asia
UK
tax evasion
48 Countries Join Forces to Combat Crypto Tax Evasion Starting in 2027
Forty-eight countries across six continents have committed to a new tax transparency standard starting in 2027 to fight crypto-related tax evasion.
13.11 / 10:34
Ball
Rhythm
reports
Mumbai
Kuldeep Yadav expects tough semi-final for bowlers in Mumbai
Kuldeep Yadav expects the bowlers to have a tough time at Mumbai's batsman-friendly Wankhede Stadium when the hosts take on New Zealand in their World Cup semi-final on Wednesday. South Africa posted 399-7 against England and 382-5 against Bangladesh while India made 357-8 against Sri Lanka at the venue before Glenn Maxwell smashed an extraordinary double century as Australia chased down 291 against Afghanistan last week. «It's a difficult venue to bowl in. The bounce is true and batsmen often dominate there.
12.11 / 15:45
12.11 / 14:35
FIVE
Ball
Landmark
performer
blues
shock
Rohit Sharma, Shubman Gill register most hundred-run partnerships this year in ODIs
Rohit Sharma and Shubman Gill reach the milestone of most hundred-run partnerships this year in ODIs. The landmark came at the 45th match of the World Cup 2023 against the Netherlands at M. Chinnaswamy Stadium in Bengaluru on Sunday.
12.11 / 14:35
FIVE
Citizens
Extreme
cover
reports
On resolutions relating to situation in W.Asia, India votes in favour of 5, abstains on one
India voted in favour of five resolutions relating to the situation in the Middle East, including one that condemned Israeli settlement activities in the Occupied Palestinian Territory, and abstained on one resolution. The Fourth Committee (Special Political and Decolonization) of the UN General Assembly approved six draft resolutions on November 9 all by recorded votes, relating to the situation in the Middle East, including the Palestinian question.
12.11 / 13:49
Target
Landmark
track
ICC World Cup 2023: 400-plus scores logged 7 times in WC history; here's where India stands
ICC World Cup 2023 on November 12, the Indian batters demolished the Dutch bowling attack, as they ended up posting a mammoth total of 410/4 in 50 overs. This is the second time in the history of World Cups when India has registered a 400-plus score. The last time India posted a target of over 400 runs in a World Cup match goes back to 2007, when the team had scored 413/5 (50 overs) against Bermuda in the match played in Port of Spain.
12.11 / 13:49
Experts
reports
recommendations
share price
Diwali Muhurat Trading 2023: Glenmark Pharma share price opens almost 10% lower after Q2 result
₹702.05 against the previous close of ₹777.60. However, it pared losses sharply and traded 1.04 per cent lower at ₹769.55 around 6:20 pm on BSE. The pharma company on November 10 reported a consolidated revenue growth of 6.3 per cent and adjusted EBITDA growth of 8.3 per cent year-on-year (YoY) for Q2 FY24.
12.11 / 12:55
Aware
composer
performer
'It was absolutely wrong...': Kusal Mendis clarifies amid furore over 'refusal' to laud Virat Kohli's 49th ODI century
Virat Kohli smashed his record-equaling 49th century in ODIs, leveling 'God of Cricket' Sachin Tendulkar for the iconic milestone while playing against South Africa in the 2023 World Cup. Though the entire cricketing community applauded Kohli, Sri Lanka captain Kusal Mendis when asked if he would like to pass on his tribute to the Indian batter, had replied, “Why I would congratulate him?" After a dismal performance in the World Cup, the Sri Lankan returned home. In 9 league matches, Sri Lanka won only 2 matches.
12.11 / 12:07
stage
blues
‘GOAT stuff’: Netizens react as Virat Kohli becomes top run scorer in ICC World Cup 2023
Virat Kohli has become the highest run scorer in the current edition of the ICC Cricket World Cup. Kohli scored a half-century against the Netherlands to overtake South Africa's Quinton de Kock as the highest run-scorer at the 2023 ICC World Cup. Playing at one of his favourite venues - the M Chinnaswamy Stadium in Bengaluru - Kohli scored 51 runs off 56 deliveries and helped stabilise the innings after the wickets of openers Rohit Sharma and Shubman Gill.
12.11 / 08:51
FIVE
Ball
Dreams
Pinnacle
stage
beautiful
fun
You dream of playing against India at Wankhede; we will stay level in semis: Rachin Ravindra
New Zealand's latest batting sensation Rachin Ravindra is confident his side will «stay level» in the high-pressure game on Wednesday. Ravindra has been a revelation in the World Cup, having scored three centuries so far and is currently placed second on the run-getters' list behind South Africa's Quinton de Kock. «You dream of playing in front of a full crowd against India, who have gone unbeaten at Wankhede, a ground with so much history.
11.11 / 22:53
Man
Ball
Celebrity
composer
performer
classical
Marsh back in form with big ton in Australia triumph
Mitch Marsh has recaptured his form at No.3 with a big century to ensure Australia will go into the World Cup semi-finals on the back of seven straight wins and an eight-wicket victory over Bangladesh.
11.11 / 17:33
Target
Platform
Racing
Fighting
stage
country
social
ICC World Cup 2023 | Pakistan knocked out: Internet reacts as England crush Babar Azam-led side's semifinals quest
World Cup 2023 was finally crushed as England won the toss and posted a mammoth total of 337, thereby mathematically making it impossible for the Babar Azam-led side to defeat them within 6-7 overs and advance to the tournament's next stage. Not only did Pakistan lose the semifinals spot, it also ended up being defeated by 93 runs by the Jos Butler-led England. Chasing the target of 338, Pakistan was bowled for 244.
11.11 / 14:41
FIVE
Cummins
World Cup 2023: IND, SA, AUS, NZ qualify for the semifinals. All you need to know about the clash of the titans
Pakistan was tasked with chasing down an improbable task of 338 runs in 6.4 overs. India will finish as table-toppers in the league round irrespective of the result before the last game against the Netherlands will face Kane Williamson-led New Zealand on 15 November in Mumbai. The match will be played at the Wankhede stadium and it will begin at 2 pm IST.
11.11 / 14:31
Ball
Assurant
cricket
Cricket World Cup: New Zealand qualify for semi-finals
New Zealand were assured of a place in the Cricket World Cup semi-finals on Saturday after Pakistan failed to produce an extraordinary result during their concluding group game against England. Pakistan, the 1992 champions, were required to beat England by 287 runs to secure their berth in the semi-finals at the Kiwis' expense on net run rate. However, England batted first, closing off that avenue, and Pakistan's fate was then sealed when they were faced with the impossible task of scoring over 300 runs by the 40th ball of their reply to the champions' 337-9. New Zealand will face hosts India in the first semi-final in Mumbai on Wednesday, with Australia and South Africa clashing in Kolkata 24 hours later. (With inputs from agencies)
11.11 / 11:09
Platform
Experts
NXT
Sun TV Network's Q2 net up 14%, to pay Rs 5/share interim
Sun TV Network's net profit increased 13.86% for the fiscal quarter ended September 30 to Rs 456.24 crore, up from Rs 400.71 crore in the previous fiscal quarter. EBITDA grew 36.48% from Rs 524.78 crore to Rs 716.21 crore. Domestic subscription revenue increased by 5.34% to Rs 418.23 crore, increasing operating revenue by 28% to Rs 1,017.98 crore. Total revenue for the quarter increased by 27.48% to Rs 1,125.08 crore. Sun TV Network has TV channels in six languages, an OTT platform called Sun NXT, and FM radio stations all over India. It also owns the SunRisers Hyderabad team in the Indian Premier League and SunRisers Eastern Cape in the South African Twenty20 League. The company's board has declared an interim dividend of Rs 5 per share.
11.11 / 10:51
Action
Matthews
country
prevention
Time
Umpires correctly gave Angelo Mathews out: MCC on 'time out' controversy
umpires had correctly ruled Angelo Matthews 'timed out' but the Sri Lankan batter could have avoided getting dismissed in that fashion by consulting the officials before asking for a new helmet, Marylebone Cricket Club, the custodian of the rules governing the game, said on Saturday. Mathews had become the first batter to be dismissed 'timed out' in international cricket when he failed to take strike within the stipulated time of two minutes following the dismissal of Sadeera Samarawickrama in their World Cup match against Bangladesh on Monday, triggering a huge controversy. Mathews realised that the strap of his helmet was broken and asked for a new helmet. The delay prompted Bangladesh to appeal and the umpires upheld it despite Mathews' repeated pleas. «When the helmet broke, it appears that Mathews did not consult with the umpires, which a player would be expected to do when seeking new equipment.
11.11 / 10:27
Racing
stage
ICC World Cup 2023: What may happen if India's semi-final match gets washed out!
ICC Men's World Cup 2023 semi-finals. The two other teams, that qualified for the semi-finals, are Pat Cummins-led Australia and Temba Bavuma-led South Africa. In 9 matches, the Proteas have 14 points and an NRR of (+)1.261, winning 7 and losing 2.
11.11 / 07:43
Target
economy
Fitch
Simulation
country
shock
2024
Global economic jitters: Fitch Ratings predicts 2024 impact from soaring oil price
Fitch Ratings predicts that higher-than-expected oil prices, stemming from potential disruptions in the Middle East's oil supply due to conflicts, could significantly impact global economic growth and lead to a surge in inflation. According to Fitch's Global Economic Outlook (GEO), a scenario with average oil prices of USD 75 per barrel in 2024 and USD 70 per barrel in 2025 could be upended if oil prices spike to USD 120 per barrel in 2024 and USD 100 per barrel in 2025 due to supply restrictions. The simulations, conducted using the Oxford Economics Global Economic Model, reveal a potential 0.4 percentage point (pp) reduction in world Gross domestic product (GDP) growth in 2024, with a lingering 0.1 pp lower growth in 2025. Despite the modest rebound anticipated in 2025, Fitch suggests a persistent moderate impact beyond the initial shock. The impact of higher oil prices would be felt across the board, with the absence of significant growth rebound in 2025 indicating a potentially longer-lasting effect on GDP levels in most countries. Notably, the negative growth impact in 2024 ranges from 0.1 pp in Indonesia to a substantial 0.9 pp in Korea, with the US, the Eurozone and Japan experiencing impacts of 0.5 pp. Emerging market countries like South Africa and Turkey would face significant impacts of 0.7 pp, while Russia and Brazil, owing to their reliance on oil production, would experience varied effects. The aggregate impact on the Fitch 20 suggests a global GDP growth shortfall of 0.4 pp in 2024 and 0.1 pp in 2025. Moreover, higher oil prices would lead to elevated inflation rates in 2024, with India, Turkey, and Poland experiencing the highest percentage point rises. Developed economies would witness more
11.11 / 07:43
Digital
stage
track
World Cup hits 1 million fans milestone, on track to become one of the most attended ICC events
World Cup with the tournament on track to become one of the most attended ICC events in history. With six games to go, the millionth fan came through the turnstiles during the match between Afghanistan and South Africa at the Narendra Modi Stadium in Ahmedabad on Friday, the ICC said in a media release.
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