National Treasury seeks to appoint a service provider to design, develop, implement and support an electronic procurement system. (Image source: 123RF) It’s a particularly busy week on National Treasury’s eTenders Portal, with over 700 notices featured in its opportunity section. While many of these are for quick turnaround quotation requests, the ICT industry will be…
The Treasury Department will use Iranian assets to help U.S. Gulf allies recover from damage caused by Tehran’s regime during the Iran war, a source familiar with Treasury Secretary Scott Bessent’s thinking told CBS News Saturday. The source said the Treasury intends to utilize all available authorities to make Iranian assets accessible for rebuilding and…
The Federal Reserve Getty Images Treasury yields were little changed Friday after data on U.S. factory activity showed an expansion in April that was slightly below expectations. The yield on the 10-year U.S. Treasury note — the key benchmark for mortgage lending and auto loans — fell2 basis points to 4.37%. The 2-year Treasury note…
Federal Reserve Board Chairman Jerome Powell speaks during a news conference following the Federal Open Market Committee meeting, at the Federal Reserve in Washington, DC, on June 14, 2023. Mandel Ngan | AFP | Getty Images U.S. Treasury yields rose on Wednesday as investors awaited the outcome of what could be Jerome Powell’s final policy…
Treasury yields ticked higher on Thursday as investors await updates on the resumption of U.S.-Iran peace talks and the latest Purchasing Managers’ Index print for April, due later in the day. The yield on the 10-year U.S. Treasury note — the key benchmark for U.S. government borrowing — was up more than 2 basis points…
Africa Bitcoin Corporation holds 5.0246 Bitcoin in its corporate treasury as it advances a long-term strategy to accumulate digital assets on its balance sheet. The company, listed on the Johannesburg Stock Exchange, has set a target of holding 21,000 Bitcoin by 2030, a level that would make it the largest African-listed corporate holder of the…
A trader works on the floor of the New York Stock Exchange (NYSE) at the opening bell on March 5, 2026 in New York City. Angela Weiss | Afp | Getty Images Treasury yields moved higher on Wednesday as investors weighed a sticky February inflation report and monitored moves in oil prices in the midst…
U.S. Treasury yields fell on Tuesday after the latest retail sales report missed expectations. The benchmark 10-year Treasury yield was more than 5 basis points lower at 4.145%, while the 30-year Treasury yield dropped more than 6 basis points to 4.787%. The 2-year Treasury note yield was down more than 3 basis points at 3.452%. One basis point is equivalent to…
Sun International CEO Ulrik Bengtsson says government doesn’t understand gambling. (Photograph supplied) South Africa’s online gambling industry has come out swinging at National Treasury’s proposal to tax the sector even further, arguing its move is not only unconstitutional but would also push punters and companies deeper into the internet. In a bid to clamp down…
President Donald Trump and Chinese President Xi Jinping are expected to reach a deal to avert a new 100% U.S. tariff on Chinese goods and are likely to meet in person soon, Treasury Secretary Scott Bessent said following talks with Beijing’s top trade negotiator. Bessent told NBC News’ “Meet the Press” moderator Kristen Welker in…
