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$ = R 9.57
£ = R 14.4
= R 12.36
Oil = $ 102.24
Gold = $ 1389.42
Last Update:
14:52 24 May 13
IMF chief Christine Lagarde delivers a speech. <i>AFP PHOTO</i>

Lagarde grilled over payout

Prosecutors grilled IMF chief Christine Lagarde in a Paris court to decide if she should be charged over a payout to a disgraced tycoon during her time as finance minister.

British economy barely grows

British pound notes are pictured in London, 06 December 2007. A quarter-point cut in British interest rates is needed this month and a further easing should come in the first half of 2008 to prevent a housing downturn from slamming the brakes on growth, the OECD warned on Thursday. AFP PHOTO/STRBritain's economy expanded by 0.3 percent in the first quarter of 2013, official data showed.
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  • UN sees slow recovery

    The UN revised downward its forecast for the world economy to 2.3 percent growth this year.
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  • 'Oz economy is still strong'

    Australian Prime Minister Julia Gillard. <i>AFP</i>Australia's PM moved to allay fears about the economy on Friday saying it had strong fundamentals.
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  • Consumers spend, Germany saved

    Buoyant consumer confidence and increased household spending is keeping Germany from recession.
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