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Business 03 May 2019 | 12:00 AM

India’s central bank chief likely to stay in his post

New Delhi: India’s central bank governor Shaktikanta Das has built up support on both sides of the political divide, making his position relatively safe under a new government no matter who wins the election.

Economy 07 Jan 2019 | 12:00 AM

Call for enterprise business strategy as global economy walks into crisis

GLOBAL growth is expected to moderate in 2019 with risks skewed to the downside as investors attuned to the US-China trade war, uncertainty on China’s growth, the US Fed rate hike aggressiveness, global monetary policy tightening with central banks taking a step back from their long-standing market support from the very low interest rates for nearly a decade and emerging market debt noises.

Economy 04 Dec 2018 | 8:34 AM

Emerging markets to benefit from Chinese policy shift

PETALING JAYA: China's gradual shift away from the manufacturing sector towards a more consumer- and service-driven model could give emerging markets the opportunity to fulfil the export demand for manufactured products.

Business 31 Oct 2018 | 12:00 AM

Central bank governor: South Africa spends too much time on populism

JOHANNESBURG: South Africa spends too much time debating populist issues such as the proposed nationalisation of the central bank, instead of focusing on steps to boost the economy, Reserve Bank governor Lesetja Kganyago said.

Business 08 Jun 2018 | 12:00 AM

Busy season seen for London IPOs out of Africa

Johannesburg: JPMorgan Chase & Co is having one of its busiest years yet for African companies looking to trade their shares in both London and local equity markets such as the Johannesburg Stock Exchange

Business 23 Feb 2018 | 12:00 AM

Gupta empire crumbles as Zuma exits South African presidency

JOHANNESBURG: For years, brothers Ajay, Atul and Rajesh Gupta were ranked among South Africa’s most prominent businessmen and socialised with the ruling elite, including their friend, then-President Jacob Zuma.