Transnet Freight Rail chief Siza Mzimela calls it quits:

Her resignation comes on the heels of that of group CEO Portia Derby and pressure from the board after the group’s R5.7 billion loss in the past financial year
The post Transnet Freight Rail chief Siza Mzimela calls it quits appeared first on The Mail & Guardian.
There’s no place like (Optimi) Home:

Impaq Homeschooling offers learners a flexible schedule, while the Impaq Online School offers a more structured approach
Home is more than just a physical space. It is a sense of belonging, comfort, and security. At Optimi Home, we create an environment where Grade R to 12 learners can feel right at home.
Make yourself at home
Optimi Home offers two distinct offerings: Impaq Homeschooling and the Impaq Online School. This allows learners to pick a learning pace that works for them.
Impaq Homeschooling offers learners a flexible schedule, while the Impaq Online School offers a more structured approach, where qualified teachers present daily online classes according to a fixed schedule.
Read more: Take schooling to the next level with the Impaq Online School
Find peace of mind
Both Impaq Homeschooling and the Impaq Online School provide learners with quality CAPS-aligned lesson material and resources. Our lesson material has been developed by experts in their relevant fields. With more than 20 years of experience, you can rest assured that our content meets the standards as set out by the Department of Basic Education.
Get all the support you need
If you opt for Impaq Homeschooling, we provide detailed facilitators’ guides to help you facilitate the learning process at home. Our education specialists are always on hand to help with academic queries.
Read more: How does Impaq help me homeschool my child in 2023?
At the Impaq Online School, our qualified teachers guide learners through the content during live online classes and answer learners’ academic questions in real time.
Take the stress out of assessments
Homeschool parents will receive all the CAPS-aligned assessment components, such as tasks, tests and examinations, that your child needs to write to complete the grade. At the Impaq Online School, our teachers ensure learners complete the necessary assessments.
All Grade 10 to 12 Impaq learners are registered with the examination board, SACAI, accredited by Umalusi. This means that learners who complete their matric through Optimi Home will receive the National Senior Certificate (NSC), just like they would have if they had attended a public school.
Get on like a house on fire
When you register with Impaq Homeschooling, you not only join the largest homeschooling curriculum provider in South Africa, but you join a family of over 30 000 learners. We have several Facebook groups that learners and parents can join to connect with other homeschoolers.
At the Impaq Online School, learners are sorted into homerooms and enjoy a year-long journey with their teachers and classmates. Learners also have many opportunities to collaborate while working through their daily lessons.
Be your true self
We encourage our learners to explore the vast array of options available to them. That’s why we offer various elective subjects in Grades 10–12. We also offer isiZulu as a First Additional Language for all grades.
At the Impaq Online School, we are committed to preparing learners for the ever-evolving world of tomorrow. Our classes focus on Computer Literacy and effective communication skills.
Read more: Homeschooling with Impaq allows me to conquer the waters of Europe
Nurture your body and mind
Discover the freedom of learning at your own pace with Impaq Homeschooling! Your learner can organise their own schedule to suit their needs*.
At the Impaq Online School, we prioritise learners’ overall wellbeing. Fitness classes are incorporated into the timetable, learners can access the It’sOK wellness app, and our experienced counsellor is always available for additional support.
Join the Optimi Home family and feel at home. Registrations open on 1 September 2023. Visit our website or email sales@impaq.co.za to pick your pace for 2024.
*Grade 10 – 12 learners must follow a strict test and examination timetable.
The post There’s no place like (Optimi) Home appeared first on The Mail & Guardian.
The economic indicators you must know before trading in gold:

Factors like inflation and interest rates must be monitored carefully
Irrespective of its price trend, gold has always been the preferred choice of many investors worldwide. While some traders show interest in the physical ownership of the yellow metal, others tend to speculate on the prices of gold using futures and options CFDs (contract for differences). Like other tradable assets, gold prices also change due to economic and geopolitical factors. In this piece, we discuss the economic indicators you must know before you plan to trade in gold. We’ll also share some tips to help you know how to trade gold effectively.
Below, we list and discuss the economic indicators that can affect the gold prices.
Interest Rates
Interest rates are one of the crucial economic indicators that significantly impact the prices of the yellow metal. People prefer buying gold when interest rates announced by the central banks are relatively lower. That’s because the opportunity cost of non-interest-bearing assets like gold decreases. On the other hand, the demand for gold tends to decrease with rising interest rates because there are no dividends or interest payments on holding gold. Since precious metal prices are inversely proportional to interest rates, traders should keep a tab on the central bank releases.
Inflation
The changes in inflation rates also impact the gold prices. While inflation drags down the purchasing power of a currency, it increases the demand for gold. That’s because people use gold to hedge against inflation. Therefore, traders must monitor the inflation reports and possible projections to stay abreast of the gold price movements.
Currency strength
Like interest rates, gold prices are also inversely proportional to the currency rate in which it is denominated. Gold tends to increase in price as a currency declines in value, making gold purchases more costly for those who use the declining currency. Since gold prices are susceptible to currency market fluctuations, investors should constantly monitor currency pairs and the global economy.
Stock market performance
Stock market economic data like company earnings reports and growth forecasts can also affect gold prices. Investors may become less interested in holding gold when stock markets are doing well and economic development is robust, which might lead to lower gold prices. On the other hand, economic indicators of market volatility or economic uncertainty can boost gold demand, increasing the prices of the yellow metal.
Monetary policy
Monetary policies announced by central banks can also impact the prices of the yellow metal. Central banks frequently base their monetary policy decisions on economic indicators such as unemployment and GDP growth rate. For instance, they may intervene to manage a country’s economic conditions, like decreasing interest rates or introducing quantitative easing to stimulate the economy. These measures can raise demand for gold as a safe haven asset and a hedging tool against inflation.
Tips for trading gold
Since now you know the crucial economic indicators you must be aware of before trading gold, let’s quickly go through some tips that can help you navigate the gold market effectively.
Use technical analysis
Technical analysis is a helpful way to spot entry and exit points. Therefore, always ensure you perform a technical analysis when making a buy or sell decision for gold.
Follow a plan
Do not enter the gold market without a solid plan in hand. Besides being well informed of your risk tolerance level, you should know when to enter and exit the market.
Diversify your investment
Don’t risk everything on a single trade or asset. Instead, spread your money around different tradable assets; including gold in your portfolio can be a smart move.
Be watchful of trends
Always remember to observe the gold market’s long-term tendencies. Gold prices tend to consolidate and move in cycles. Keeping an eye out for these tendencies might help you make better trading decisions when trading gold.
Risk management
Effective risk management is the crux of your trading journey. Do not forget to use Stop Loss to limit your loss exposure in case the market moves against you.
Stay disciplined
Discipline is the key to success in trading. Don’t let greed or fear influence your trading selections. Your trading decisions should be solely based on facts, not on emotions.
Conclusion
Gold trading can be quite profitable if you have a profound knowledge of the fundamental economic factors affecting gold prices. Investors may better manage the gold market’s complexity and make more profitable trades by monitoring interest rates, inflation, currency strength, and other global economic statistics. Furthermore, a profitable gold trading strategy necessitates extensive study and keeping up with the latest market insights.
The post The economic indicators you must know before trading in gold appeared first on The Mail & Guardian.
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