At the time it was considered exciting, if not unusual, behaviour for a retail conglomerate. But now that an accounting scandal has left the South African company's share price and its reputation in tatters many are asking why the warning signs hadn't been spotted earlier. For many shareholders it was the
See Original Article

Economists surveyed by Bloomberg project 6.5 percent growth this year, though some observers including JPMorgan Chase & Co. have recently upgraded their outlook amid strong external demand. The growth target is usually officially unveiled following a meeting of the nation's legislature in the
See Original Article

Global debt rose to a record $233 trillion in the third quarter of 2017, more than $16 trillion higher from end-2016, according to an analysis by the Institute of International Finance. Private non-financial sector debt hit all-time highs in Canada, France, Hong Kong, South Korea, Switzerland and Turkey.
See Original Article

Shares Plummet. The Bloomberg Intelligence Global Cannabis Competitive Peers Index dropped as much as 22 percent after the Associated Press first reported the Justice Department plan. Most companies in that group are small. Still, there are a few big names that could be hit by the changing policy.
See Original Article

Insurance Regulatory Authority (IRA) is engaging standard-setting bodies and will be advising companies on compliance to the International Financial Reporting Standards (IFRS) 9 and 17. Advertisement. By JAMES NGUNJIRI More by this Author. More mergers and acquisitions are expected in the
See Original Article