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Reality check for the rand
businesstechhace 71d

Reality check for the rand

The rand has been on a winning streak, but the currency faces many challenges to remain below R16.00/$.

#COMMODITIES#ECONOMY
Patron provides two cents' worth on tipping
berkshireeaglehace 71d

Patron provides two cents' worth on tipping

DEAR ABBY: It seems that everywhere I go, people expect tips. Yesterday, I pulled up to the drive-through at a cookie store, and before I paid or was handed my cookies, the clerk asked, "Would you like to leave a...

#ECONOMY
US govt to acquire 10% stake in USA Rare Earth, ramps up efforts for domestic production
toihace 71d

US govt to acquire 10% stake in USA Rare Earth, ramps up efforts for domestic production

The US government is investing $1.6 billion in USA Rare Earth, acquiring a 10% stake to support a local mine and magnet production facility. This move aims to bolster domestic rare earth production, with the company also securing $1 billion in private funding. The investment includes government shares and warrants, priced near the company's recent trading levels.

#STOCKS