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Moneyweb

Simon’s weekly wrap: Downgrades mount, SA growth slows, Reits rally Coface Economic Risk Review: Downgrades sweep across the globe Gold steadies as traders weigh Mideast tensions and rate outlook Congo Ebola responders stay on strike as Africa CDC pushes to resolve pay dispute South Africa economy nears ‘escape velocity,’ Standard Bank says Oil steadies at end of volatile week as US and Iran keep talking China needs an AI boost to attract investors Agentic commerce – whose responsibility is it anyway? What billionaire Dangote can teach Africa about financing infrastructure Western Cape municipalities are pulling away from the rest of the country – Ratings Afrika How should you invest a retirement lump sum to supplement annuity income? Construction industry, analysts unsurprised by Sanral CEO’s resignation Discovery medical aid AGM approves review of benefits for transgender members Stablecoins are just the start of something huge in finance R5bn academic hospital set to transform healthcare in Limpopo Buying overseas property from SA or moving funds offshore? Here’s the simplest, most cost-effective route UAE lender moves one step closer to SA market RSG Geldsake met Moneyweb – Woensdag 8 Julie 2026 SMME: Sweet treat, serious business Built in Africa: Turning opportunity into growth Sarb develops QR standard to make payments easier Markte herstel effens, maar die olieprys bly hoog na nog aanvalle op Iran South Africa mounts defence against new US tariff threat UAE bank expansion, SA on US tariffs, and Sarb develops QR standard The volatility is wild Judy Kobus appointed CEO of RMB Corporate El Niño likely strongest seen in 75 years, US forecasters say Funded budget masks Joburg’s deeper financial problems Withholding R13.5bn for 69 municipalities won’t hit services, says Treasury Fresh Iran conflict fuels oil price spike Edgars plots expansion after three-year turnaround Sanral CEO Reginald Demana resigns Recruiters shift focus to specialised AI jobs to stay relevant Hundreds of snakes on the loose after severe flooding in China What’s driving the surge in short selling on the JSE? Goldman says Hormuz flare-up may delay recovery in oil supplies Thailand approves $688m investment by Nestle for smart factory, distribution center Oil extends gain as fresh US strikes against Iran rattle market Hormuz ship traffic grinds to a near halt after US, Iran strikes Ebola health workers strike in hardest-hit Congo towns as outbreak intensifies Sun International: A bargain in plain sight?
WATCH LIVE: Godongwana updates on withheld municipal funding
Moneyweb · 2026-07-10 · via Moneyweb

Gold steadies as traders weigh Mideast tensions and rate outlook

10 Jul 2026 / Robin Paxton, Bloomberg  

Spot gold slipped 0.3% to $4 112.95 an ounce at 2:40 p.m. in Singapore, and was down 1.5% for the week.