JOHANNESBURG (Liberal Tribune) – South Africa rand stabilized against a firmer dollar in evening business on Monday.
After previous week’s strong U.S. jobs information lowered prospects of a sharp Federal Reserve interest amount cut.
Also Read: China launches its longest extra-high voltage power line –Xinhua.
Stocks closed a little higher:
At 1505 GMT the rand was interchange at 14.1525 each dollar, not far off it’s near of 14.1800 on Friday.
“With the economic chart in South Africa comparatively light this week.
December 05, 2019: After a series of unfortunate events, and years of operating losses, South African Airways (SAA) is edging towards a total collapse faster than ever.
"This is the optimal mechanism to restore confidence in SAA and to safeguard the good assets of SAA and help to restructure and reposition the entity into one that is stronger, more sustainable and able to grow and attract an equity partner," he stated as reported by Bloomberg.
If liquidated, SAA will need to cover liabilities of $2.4 to $4.7 billion; however, they would only be able to secure $341 to $409 million by selling their assets, as per reports.
Tellingly, since 2017, the airline has opted to stop releasing annual statements; a year in which net losses quadrupled.
Its finances took a further hit when staff staged a pay strike last month, grounding a number of flights, insurers blacklisting it and causing bookings to be cancelled on a number of others - costing the airline $3.4 million each day.
The business-rescue process at SAA include:
Krugerrand was first released on July 3,1967.
The circulation of the first issue amounted to 40 000 pieces of coins stamped with an ordinary stamp and 10 000 pieces of coins stamped with a mirror stamp for collectors.
Krugerrand the first and most popular gold bullion coin
It was Krugerrand, as a coin with no denomination, that became the basis for all bullion coins, whose value depends mainly on the value of the bullion contained in the coin.
So far, 54 million golden Krugerrands have been issued, which places this coin in the first place in terms of popularity among all bullion coins in the world.
Contents of genuine gold in the coin: 1 ounce
This report studies the global market size of Natural Health Supplements in key regions like North America, Europe, Asia Pacific, Central & South America and Middle East & Africa, focuses on the consumption of Natural Health Supplements in these regions.
This report also studies the global market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels, distributors and Porter’s Five Forces Analysis.
Market size split by Region
Rest of Central & South America
Do Inquiry Before Accessing Global Natural Health Supplements Market Report at https://www.orbisresearch.com/contacts/enquiry-before-buying/2308221.
Focuses on the key global Natural Health Supplements manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
Protein Hydrolysates - MARKET ADVISORY SERVICES
This report studies the global market size of Protein Hydrolysates in key regions like North America, Europe, Asia Pacific, Central & South America and Middle East & Africa, focuses on the consumption of Protein Hydrolysates in these regions.The global Protein Hydrolysates market is valued at million US$ in 2018 and will reach million US$ by the end of 2025, growing at a CAGR of during 2019-2025.
The protein hydrolysates market is projected to have a CAGR of 8.56%, to reach USD 4.13 billion by 2023, from USD 2.74 billion in 2018.
This research report categorizes the global Protein Hydrolysates market by top players/brands, region, type and end user.
This report also studies the global Protein Hydrolysates market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels and distributors.
The following manufacturers Of Protein Hydrolysates are covered in this report, with sales, revenue, market share for each company:
In 2017, the global Ghee market size was million US$ and is forecast to million US in 2025, growing at a CAGR of from 2018.
The objectives of this study are to define, segment, and project the size of the Ghee market based on company, product type, application and key regions.
This report also studies the global market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels, distributors and Porter's Five Forces Analysis.
The key manufacturers in the Ghee include
Market Size Split by Type
Market Size Split by Application