News24.com | Nigeria slumps into recession as oil output drops

by Fin24 News | Nov 21, 2020 | Fin24

The country’s oil production fell to 1.67 million barrels a day in the third quarter of 2020, the lowest since 2016.

News24.com | WATCH | EU could pay $10 billion for vaccines – source

by Fin24 News | Nov 21, 2020 | Fin24

The European Union could pay more than $10 billion to secure hundreds of millions of doses of the vaccine candidates being developed by Pfizer-BioNTech and CureVac, an EU official involved in the talks has told Reuters.

News24.com | Moody’s and Fitch both cut SA further into junk on Covid-19 economic shock, rising debt

by Fin24 News | Nov 21, 2020 | Fin24

Two major credit rating agencies have further downgraded their assessment of SA’s sovereign debt, meaning SA’s borrowing costs may rise.

News24.com | Sasol shareholders vote against the company’s remuneration policy at AGM

by Fin24 News | Nov 20, 2020 | Fin24

Ahead of the AGM, a shareholder indicated it would oppose Sasol’s remuneration policy, as it doesn’t incentivise executives to urgently tackle the climate change crisis.

News24.com | Why investors avoiding currency volatility are betting on Bitcoin

by Fin24 News | Nov 20, 2020 | Fin24

Nasdaq companies are buying Bitcoin as a reserve asset for their balance sheets because they believe Bitcoin will do better at preserving their value than the dollar.