South Africa Financial News

01.12 / 15:45

Art History restrictions COVID in Europe: Austria extends lockdown as Portugal tightens restrictions

COVID-19 cases are sweeping Europe once again - here is a breakdown of how each country has reacted to the surge.

01.12 / 09:51

IPO Booking Strategy SENSEX Equity investing: What’s your strategy in this volatile market?

The benchmark Sensex slipped over 3000 points in the last two weeks triggered by the new Covid variant in South Africa, valuation concerns in the Indian equities and tapering of bond purchases by the US Fed. Investors are dumping Covid-sensitive stocks and foreign brokerages have downgraded India early this month on high valuations as the Sensex forward one-year price-to earnings (PE) is at 21.76, higher than five-year average of 19.13.

30.11 / 17:09

Variant Powell Warns Omicron Variant Could Worsen Inflation-Boosting Bottlenecks

Federal Reserve Chairman Jerome Powell is grappling with how to chart policy amid an inflationary surge far larger than officials anticipated and threatening to become more unpredictable because of the emergence of the new Omicron coronavirus variant.

30.11 / 15:51

restrictions Variant What the Omicron Variant Means for Travel Restrictions and Bans

The World Health Organization has declared the new Omicron variant of the coronavirus a “variant of concern,” indicating that it carries higher risks than other virus strains.

30.11 / 14:31

Healthcare News Iraqi jihadist handed life sentence for Yazidi genocide

An Iraqi from the Islamic State jihadist group was sentenced by a German court for genocide over the murder of Yazidis.

30.11 / 10:33

Healthcare Lionel Messi and Alexia Putellas win Ballon d’Or awards

Lionel Messi won the Ballon d'Or for the seventh time on Monday, extending his record, as Alexia Putellas became the third winner of the women's award.

30.11 / 09:11

Sexual Abuse Healthcare Maxwell, Epstein were 'partners in crime,' prosecutor says

Ghislaine Maxwell and Jeffrey Epstein were “partners in crime” in the sexual abuse of teenage girls, a prosecutor said Monday, while Maxwell’s lawyers said she was being made a scapegoat for a man’s bad behaviour as the British socialite’s sex trafficking trial got underway in New York.

29.11 / 17:07

Gold sector bankers cancel annual dinner over Omicron fears

The London Bullion Market Association has cancelled the sector's annual dinner due to growing concern over the Omicron variant of Covid-19.

29.11 / 14:45

Ethereum cryptocurrency Squid Game Bitcoin Variant Crypto sharing name with Omicron variant outperformed Bitcoin soaring 900%. Can we trust it?

Cryptocurrencies such as Bitcoin and Ethereum and global markets were sent into a tailspin following the emergence of the fast-spreading Omicron COVID-19 variant.

29.11 / 11:33

Climate change European Union Couple arrested in Netherlands after escaping COVID hotel quarantine

A couple was arrested in the Netherlands after escaping hotel quarantine, Dutch police said.

29.11 / 05:19

markets Bitcoin week Top 5 cryptocurrencies to watch this week: BTC, BNB, LUNA, MANA, SAND

Bitcoin (BTC) and most major altcoins have been struggling to recover from the sharp fall seen on Nov. 26. This indicates that traders may be nervous to buy at current levels due to the uncertainty regarding the new heavily-mutated coronavirus strain detected in South Africa.

29.11 / 03:15

Racing Variant Omicron Variant Is Reported in More Countries as Officials Grapple With How to Respond

Countries around the world reported their first cases of the Omicron variant over the weekend and some imposed new travel restrictions, racing to protect themselves against the potentially more contagious strain even as scientists cautioned they don’t yet know how severe it will prove to be.

27.11 / 14:27

World Health Organization Variant reports Germany reports first suspected case of Omicron COVID-19 variant

A first suspected case of the new Omicron variant has been detected in Germany in a person recently returned from South Africa.

27.11 / 01:09

restrictions Oil Price Slumps on Fears of New Covid-19 Restrictions

South Africa’s warning of a new and fast-spreading strain of coronavirus walloped the energy sector on Friday, leading to the sharpest declines in oil prices since the global economy locked down early last year to slow the spread of the deadly virus.

27.11 / 00:28

business Bitcoin El Salvador celebrates Black Friday, buys 100 BTC for 20% off

Salvadoran President Nayib Bukele bought the dip again, investing more than $5 million into Bitcoin as the price dropped under $54,000 Friday.

26.11 / 22:53

Ethereum XRP Cardano Bitcoin Price analysis 11/26: BTC, ETH, BNB, SOL, ADA, XRP, DOT, DOGE, AVAX, SHIB

Bitcoin (BTC) and most major altcoins sold off along with global equity markets and crude oil on Nov. 26. The markets were roiled on news of a new coronavirus variant detected in South Africa that is worrying scientists due to its large number of mutations in the spike protein.

26.11 / 21:35

World Health Organization Variant WHO labels new COVID-19 variant 'of concern', names it Omicron

The World Health Organisation (WHO) on Friday categorised the latest COVID-19 variant first detected in South Africa as "of concern" and named it Omicron.

26.11 / 19:37

Coindesk covid variant Variant Major cryptocurrencies plunge as new Covid variant draws concern

Major cryptocurrencies plunged on 26 November amid a broad sell-off of risky assets, after a new variant of Covid-19 was detected in South Africa.

26.11 / 17:23

Art News covid variant Variant Europe's first reported case of new COVID variant has been discovered in Belgium

Europe's first reported case of a new COVID variant has been discovered in Belgium.

26.11 / 17:09

cryptocurrency Coronavirus Variant Cryptocurrencies tumble as coronavirus variant shakes markets

Bitcoin tumbled over nine percent on November 26, dragging smaller tokens down, after the discovery of a new, potentially vaccine-resistant coronavirus variant saw investors dump riskier assets for the perceived safety of bonds, the yen, and the dollar.

26.11 / 16:53

Waves MET restrictions Variant Fresh wave of travel restrictions triggered on new Covid-19 variant reported by South Africa

JOHANNESBURG — Dozens of countries restricted travel to and from South Africa and neighbouring nations on 26 November, hoping to contain a fast-spreading new variant of the coronavirus that scientists say may be more contagious and could render the current crop of Covid-19 vaccines less effective.

breaking news about South Africa

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In South Africa, the spotlight is on major events that impact the interests of residents.

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