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ZA Rand reaches all time low

16 March, 2015

-The Rand continues to lose its value

against the ever-growing U.S Dollar-

 

For  the  South-African  economy, Friday the thirteenth was indeed a day of horror, as the Rand...

 

South Africa's Budget for 2015/16 a Challenge!

27 February 2015

February   was   an   important    month  for   the house     of    parliament    and   for    minister   of finance, Nhlanhla Nene, for it   was   the  start  of a new financial   year...Minister Nene had to present the first budget of our fifth democratic parliament, to  which  Nene  recalled  to  as  an  honour,  even though he came to the conclusion that is has been a challenging budget  to prepare under difficult circumstances.

 

 

 

-South-Africa's ever continuing Gold downfall could come tumbling down by new minimum wage negotiations-

26 March, 2015

- Minimum wage negotiations could lead to

mine shutdowns-

ISIS takes over Iraqi oil refinery

30 April, 2014

-ISIS puts global oil prices

under immense pressure-

Baiji,Iraq's biggest oil refinery,just north of Baghdad, was taken control of by ISIS (The

Islamic State of Iraq an Syria) even though Iran's President, Hassan Rouhani, gave confirmation

that 'shiite' religious sites in Iraq will be protected from Surri extremist groups by his nation.

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