The South African Reserve Bank left borrowing costs unchanged for a fourth consecutive meeting as it projects the inflation rate will fall back to within its target and the economy is set to expand at the slowest pace since a recession six years ago. The central bank
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Facebook is taking steps to address its role in spreading fake news, such as enlisting the help of third-party fact checkers and posting warnings on dubious stories. CEO Mark Zuckerberg on Friday responded to
US President-elect Donald Trump made the vilification of China a key plank of his stormy campaign. Yet its technology giants are already figuring out how they can profit off his victorious White House bid
Donald Trump’s presidential election victory has been described as stunning, shocking and having elicited a “primal scream” from the media. The president-elect resonated enough with more than
Investors are betting on a South African rate increase as inflation expectations surge in the wake of a collapse in the rand. Forward-rate agreements starting in 12 months, used to speculate on policy moves, added 40 basis
Twitter has announced new measures to crack down on the hate speech and online abuse pervading its social media platform. In the wake of a contentious US election, the micro-blogging site has seen its
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Donald Trump credits social media with a key role in his upset victory in the US presidential election and may continue to use it once he takes office, though he plans to be more circumspect. “I’m going to be very restrained, if I use it at
Facebook CEO Mark Zuckerberg rejected the idea that fake news on the social network influenced the US presidential election and said echo chambers aren’t really a problem on the site. The company co-founder was responding
The rand slumped the most five years on Thursday, leading global currency declines against the dollar as a global bond selloff worsened amid concern that spending by the Donald Trump administration will fuel inflation