Kairos Reports
Menu

Markets

281 stories in the last 48 hours · updated 15:02 WAT

File picture: Evan Bench via Wikimedia Commons, CC BY 2.0
Breaking Business · Crypto 4 publications

Sinkholes, scarred land and scapegoats: the scourge of illegal gold mining in Johannesburg

The Guardian, in several editions, reported on illegal gold mining in Johannesburg under the headline "Sinkholes, scarred land and scapegoats." According to the excerpts, there is no end in sight for the drivers of illegal mining, and police action appears ineffective. The reporting draws on Cora Bailey, who has encountered illegal miners since 1991 while treating injured animals in townships around Roodepoort, west of Johannesburg. The excerpts say the rising price of gold has been a factor, but they are cut off before giving further detail. The story is marked as developing, and the available excerpts do not include other outlets' coverage or any official response. Summary from 4 sources

Summary from 4 sources The Guardian Business first

File picture: Diliff via Wikimedia Commons, CC BY-SA 2.5
Breaking Politics · United States

Dollar’s Rate-Fueled Rally Set to Ride Out US Midterm Gridlock

According to Bloomberg Markets, the dollar's rally may have enough momentum to withstand the US midterm election. Bloomberg reported that high interest rates and a surge in AI-related spending are drawing capital, even if the vote produces political gridlock. The report is based on a single source, so no other outlets' figures or outcomes are available to compare. Summary from 1 source

Summary from 1 source Bloomberg Markets

File picture: Shiraz Chakera via Wikimedia Commons, CC BY-SA 2.0
Business · Markets 2 publications

DMO rejects 96% bids as treasury bill rates fall

According to BusinessDay, the Debt Management Office (DMO) rejected bids worth N1.84 trillion at Wednesday's Treasury bills auction, allotting just N71.16 billion. The headline reports that the DMO rejected 96% of bids as treasury bill rates fell. Only one outlet, BusinessDay, is cited, and its two entries carry the same text. No other outlets are available to compare against. The sources do not describe the reasons for the rate movement or any further steps. Summary from 2 sources

Summary from 2 sources BusinessDay first

More in Markets