Category Finance

Minimum wage changes proposed for South Africa

South Africa’s labour unions are in discussions with the government to equalise minimum wages across all sectors. In a statement on Tuesday (21 June), trade federation Cosatu said this includes the equalisation of wages for workers in the expanded public…

this year more likely than not, says Nomura

The US economy will likely fall into a mild recession by the end of 2022 as the Federal Reserve raises rates to tame prices, according to economists at Nomura Holdings Inc. Nomura warns that financial conditions will tighten further, consumers…