BUSINESSThe role of the SA Reserve Bank has been brought into question yet again as the Covid-19 pandemic tears through the country and the economy.Some economists and analysts have called for the bank to expand its existing mandate and use other monetary policy tools at its disposal to help pull South Africa out of its…
The Reserve Bank Monetary Policy Committee is to make a decision on the repo rate this week.Economists have pencilled in a cut of 25 bps, but there are calls for more aggressive cuts and quantitative easing.Quantitative easing should be accompanied by structural reforms to be effective, or it risks being destructive.Reserve Bank Governor Lesetja Kganyago…
Kataza the baboon. Facebook / Baboon Matters The City of Cape Town has asked the public not to feed a baboon that has relocated to Tokai. The baboon, known as Kataza or SK11, is slowly being integrated into the Tokai troop. Video footage, however, shows humans feeding Kataza. The City of Cape Town has requested that Kataza…
As SA Rugby moves to determine which franchises will go to Europe in future, Rassie Erasmus has noted several potential benefits for the local game should that route be followed.The national director of rugby believes the high world rankings of Wales, Ireland and Scotland mean PRO Rugby is competitive and that fans will eventually identify…
(John Finney Photography/Moment/Getty Images) An abnormally bad season of weather may have had a significant impact on the death toll from both World War I and the 1918 Spanish flu pandemic, according to new research, with many more lives being lost due to torrential rain and plummeting temperatures. Through a detailed analysis of an ice…