ARTICLES RELATING TO ECONOMY

Be humble, go to the Hawks, ANCYL tells Gordhan

2016-08-25 21:18

Finance Minister Pravin Gordhan should show leadership by meeting the Hawks and avoid causing “unnecessary” drama and putting strain on the currency, the ANCYL said on Thursday.

Orders for US capital goods rose for a second month

2016-08-25 16:45

Orders for US business equipment have climbed for a second month in July, the first back-to-back advance since early 2015.

Assets extend slump as JSE tracks global markets

2016-08-25 13:36

Assets slumped further as the finance minister said he would not appear before the Hawks, while share prices on the JSE have been more in line with global markets.

SA bonds near weakest on Gordhan concerns

2016-08-25 11:15

South African bonds have held near the weakest level and the rand was at the lowest level over fears Finance Minister Pravin Gordhan will be removed.

Gordhan’s Hawks response halts rand plunge

2016-08-25 08:51

Finance Minister Pravin Gordhan’s response to the Hawks directive has helped the rand ease off its decline, but the unit is heading for trouble if he is arrested or fired.

Pillay retirement entirely above board - Gordhan

2016-08-24 21:15

The early retirement of former deputy SA Revenue Service commissioner Ivan Pillay had been "lawful", "not unusual" and "entirely above board".

Sarb remains flexible on policy stance – Kganyago

2016-08-24 13:49

The SA Reserve Bank's policy stance remains flexible, despite headline inflation settling near the upper end of the bank's target, says Governor Lesetja Kganyago.

SA assets sink after Hawks summon Gordhan

2016-08-24 12:13

South African assets have slumped after the Hawks summoned Finance Minister Pravin Gordhan over an investigation into a suspected rogue spy unit at Sars.

Sars probes Gordhan era tenders

2016-08-23 21:39

Finance Minister Pravin Gordhan is not only facing possible arrest by the Hawks – the SA Revenue Service has also launched a massive new forensic probe into deals concluded during his tenure.

UK factories reap export benefits of Brexit’s drag

2016-08-23 13:15

UK manufacturers are starting to see the benefits of the pound’s decline, with export orders posting their best performance in two years.

 

Gordhangate: How business should react

2016-08-25 17:09

Political analyst Aubrey Matshiqi shares his views on the events surrounding Finance Minister Pravin Gordhan and the all-important link between business and politics.

UK consumer boom set to flag as Brexit ignites inflation

2016-08-25 14:30

For UK consumers, the good times might not keep rolling, as quickening inflation looks set to erode almost two years of real-wage growth

DA calls for a debate on Gordhan 'witch-hunt'

2016-08-25 12:40

The DA is calling for a parliamentary debate into what it called a "witch-hunt" against Finance Minister Pravin Gordhan over a suspected illegal spy unit at Sars.

The four people who could possibly replace Gordhan

2016-08-25 11:01

It’s going to be hard to replace Finance Minister Pravin Gordhan should President Jacob Zuma press the reshuffle button. But here are some likely candidates.

Firing Gordhan would destroy economy - Trevor Manuel

2016-08-25 08:16

South Africa's economy will be destroyed if President Jacob Zuma fires Finance Minister Pravin Gordhan, says ex-finance minister Trevor Manuel.

Hawks accuse Gordhan of corruption

2016-08-24 18:37

The police’s Directorate for Priority Crime Investigation (the Hawks) accuses Finance Minister Pravin Gordhan of acting corruptly by granting early retirement to the former deputy head of Sars, Ivan Pillay.

UK consumer credit rises at fastest pace in a decade

2016-08-24 12:13

UK consumer credit has risen the fastest in almost a decade in July, as shoppers hit the stores for summer goods and took advantage of low interest rates on loans.

July inflation rate falls to lowest in 2016

2016-08-24 10:06

Statistics South Africa has announced that the country's consumer price index was 6.0% in July 2016, down from 6.30% in June, and the lowest this year.

Brexit may cut tax revenue by 13%

2016-08-23 13:45

Brexit will hit the Scottish economy and cut the semi-autonomous government’s tax revenue by as much as 13% by 2030, says First Minister Nicola Sturgeon’s admin.

Eurozone shrugs off Brexit as key index edges up

2016-08-23 12:30

The eurozone economy has maintained its momentum in August, with growth showing little sign of being curtailed by fallout from the UK’s Brexit vote.

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