• AfkInsider Commodities Report: China, Eurozone Data Boost Copper

    By Staff, 9:00 am

    Copper led gains in industrial metals this week on better-than-expected manufacturing data from China and the Eurozone. The positive signals for the Chinese economy also helped oil; China is the second largest oil consumer after the U.S. After hitting six-week highs on Aug. 16, gold futures fell back this week on the market uncertainty over the U.S. Fed’s plans before recovering on the positive Chinese data.

  • AfkInsider Commodities Report: Oil Climbs On Egypt Concerns

    By Staff, 11:00 am

    China’s imports and exports unexpectedly jumped in July, a positive sign for the Chinese economy. Some analysts, however, remain cautious about China’s prospects, believing the country’s economy continues to face some serious challenges. Gold edged up over the past week, supported by strong demand from China, the world’s second biggest consumer of the precious metal, as well as better-than-expected economic data from the country.

  • AfkInsider Commodities Report: Gold Loses Its Grip; Cocoa Bucks Trend

    By Staff, 9:00 am

    The supply situation is seen as potentially bullish for palladium. Some 70 percent of palladium is used in catalytic converters, an essential component in the automotive industry, where sales are buoyant. Global car sales advanced 4 percent in the first half of 2013 and are expected to climb to a record high this year.

  • AfkInsider Commodities Report: Oil Moves Higher, Positive U.S., China Data Boost Copper

    By Staff, 10:04 am

    China, which accounts for about 40 percent of global copper demand and is an important consumer of other base metals, provided some upbeat news.

  • AfkInsider Commodities Report: Riding The Gold Roller Coaster

    By Staff, 3:38 pm

    Some bullishness returned to the gold market this week with the yellow metal breaking through $1,300 an ounce for the first time in five weeks. Gold was boosted by expectations of more demand from China as well and decline in the U.S. dollar, but it was something of a roller-coaster ride. Gold for August delivery […]

  • AfkInsider Commodities Report: Oil, Coffee, Cocoa Move Higher

    By Staff, 4:16 pm

    “So much has gone out of the copper price, that there isn’t much more that can bring it down.” – Copper Market and Demand at CRU in London.

  • Popular Southern African Sights

    winelands By Staff, 12:23 pm

    Table Mountain – Considered one of the most epic sights in Africa, the flat-topped rocky mountain that overlooks Cape Town, otherwise known as Table Mountain, is the subject of countless tourist photos.

  • AfkInsider Commodities Report: Copper, Gold Rally; Oil Surges Then Retreats

    By Staff, 4:06 pm

    Several commodities including copper, gold and oil were boosted this week following comments July 10 by Federal Reserve Chairman Ben Bernanke that the reserve’s accommodative monetary policy would be needed for the foreseeable future. His remarks put pay to fresh expectations late last week that there soon would be a scaling back of the Federal […]

  • Top 10 Ways to Save Money While Traveling

    By Staff, 11:00 am

    Choosing Airline Tickets Carefully – Visit discount websites before purchasing any tickets to see if they can combine flight segments from different airlines for an awesome deal, and look out for connecting flights or round trips to save even more money.

  • 10 Ways Online Businesses Trick You

    By Staff, 9:41 am

    If for some reason you are persuaded to make the purchase, when you click the “buy” button, instead of being taken to a billing page, you’re taken to another promotional page for another product that apparently only you have the chance to buy, because you’re buying that other thing.