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Africa: What You Need to Know About Africa's Blue Economy
November 26, 2018--The Blue Economy is about all activities that make sure we use the ocean sustainably while pursuing economic growth, improved livelihoods and jobs, and a healthy ocean, says the World Bank. This could be areas such as renewable energy, transportation routes, food, and labour.
Here are a few more interesting facts from the Sustainable Blue
Here are a few more interesting facts from the Sustainable Blue Economy Conference in Nairobi, Kenya:
$23 billion is robbed from the global economy every year by illegal fishing
2.2 million species of plants, animals and organisms live in our aquatic systems
Only 2% of the world's maritime seafaring workforce are women
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Source: allafrica.com
JSE closes weaker as European growth concerns resurface
November 23, 2018--Today's slide was compounded by the release of weaker Purchasing Managers Index data for the Eurozone, which ignited concerns that growth could be slowing within that bloc.
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Source: FIN24
Markets WRAP: Rand closes at R13.88/$. averages between R13.73 and R13.90
November 23, 2018--The rand firmed by just under 1% on Friday, holding on to its gains after the interest rate announcement on Thursday.
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Source: FIN24
Flat trading session for the JSE as central bank raises rates
November 22, 2018--The central bank decided to hike the repo rate by 25 basis points from 6.50% to 6.75% as the bank sees inflationary pressures for 2019.
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Source: FIN24
SA Reserve Bank raises repo rate to 6.75%
November 22, 2018--Governor of the SA Reserve bank Lesetja Kganyago has announced that the bank will raise the repo rate to 6.75% from 6.5%.
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Source: FIN24
Markets WRAP: Rand closes at R14.09/$, day's range between R13.98 and R14.17
November 20, 2018--The rand struggled to maintain a level below R14/$.
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Source: FIN24
JSE inches higher as global equities remain mixed
October 19, 2018--The JSE inched higher as global equities were relatively mixed after Donald Trump's recent statement on Chinese tariffs, writes Musa Makoni of Purple Group.
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Source: FIN24
Markets WRAP: Rand closes at R14.01/$, with the day's range between R13.92 and R14.06
November 19, 2018--The rand held onto its gains for most of the day.
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Source: FIN24
Zimbabwe: Does Bitcoin Mining Fuel Climate Change?
November 19, 2018--Acommon mainstream media narrative is how bitcoin mining consumes a lot of coal-generated electricity, thereby fuelling climate change. Much less is said about electricity usage involving legacy, monopoly financial institutions like commercial banks.
This bias is confirmed by a recent study that has received worldwide coverage from an equally conflicted Press. In the study, researchers at University of Hawaii at Manoa examined how the rapid increase in the use of cryptocurrency like bitcoin would harm the climate.This bias is confirmed by a recent study that has received worldwide coverage from an equally conflicted Press. In the study, researchers at University of Hawaii at Manoa examined how the rapid increase in the use of cryptocurrency like bitcoin would harm the climate.
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Source: allafrica.com
