ARTICLES RELATING TO ECONOMY

Satellites to help Africa's hunger for data

2014-04-17 12:50

Africa's demand for bandwidth is doubling every year, encouraging commercial satellite operators to launch more units into orbit.

Amcu, platinum bosses in fresh talks

2014-04-17 11:42

Leaders of striking Amcu and the CEOs of the world's three biggest platinum producers are set to meet in a renewed drive to end the crippling strike.

Retail sales growth reflects weak economy

2014-04-16 17:30

After a surprise spike in January, a slower February real retail sales growth number more realistically reflects the weak economic situation, says an expert.

Retail sales growth disappoints

2014-04-16 14:52

Retail sales grew by a lower-than-expected 2.2% in February compared with a revised 6.4% in January, according to Statistics South Africa.

EU struggles to unpick gas logistics

2014-04-16 09:51

Unprecedented talks across the European Union show it scrambling for solutions on the ground to break its dependence on Russian gas and help supply Ukraine.

Jhb, CT among best cities in Africa - index

2014-04-15 20:00

Although Johannesburg is the highest ranking city in Africa on a global cities index, it will have to pull up its socks to remain at the top.

German economic growth to accelerate

2014-04-15 15:39

German economic growth will accelerate and pick up again next year, although a closely watched survey shows Ukraine is weighing on its outlook.

Nigeria tightens security for WEF

2014-04-15 14:01

Nigeria is mounting the largest security operation ever for an international summit during the World Economic Forum on Africa, following the rush hour bomb blast.

Rand, overseas demand lift tourism

2014-04-15 11:42

The weak exchange rate and a strong overseas leisure demand have helped SA's tourism business, according to an index.

Italian govt brings in new management

2014-04-15 10:25

The government of Italian Prime Minister Matteo Renzi has put new faces onto the boards of the country's biggest state-controlled companies.

No sign of deflation in Europe - minister

2014-04-14 14:27

German Finance Minister Wolfgang Schaeuble says he sees no signs at all of a deflation spiral in Europe.

Outa applauds taxi call to boycott e-tolls

2014-04-14 11:41

The Opposition to Urban Tolling Alliance applauds the SA National Taxi Council for its call to boycott the e-toll system.

Election helps Indian sugar demand

2014-04-14 10:03

As India's election campaign picks up, it seems to be helping the demand for sugar, according to a retailer.

Africa's fast growth commodity flows

2014-04-11 15:29

Africa's booming economic growth gives it an opportunity to shift away from the traditional raw material exports model towards transforming its own commodities.

Gold rush threatens West African cocoa

2014-04-11 10:30

Bouafu Kouassi dug a hole on his cocoa plantation in Ivory Coast and found traces of gold, which could transform his life, but it could just destroy his farm.

Nigeria vs SA

2014-04-10 19:24

Who will investors turn to? Size matters, but so does development, economists say.

Nigeria vs SA: Who will investors turn to?

2014-04-10 14:25

What is really important to investors looking to cash in on a big economy? Size matters, but so does development, economists say.

Vavi: Story not so good economically

2014-04-10 12:11

The ANC government has a good story to tell on social transformation, but not on hard-core economic transformation, says Cosatu general secretary Zwelinzima Vavi.

Only informal, public sectors create SA jobs

2014-04-10 12:02

The informal and public sectors were the only sectors to create jobs in SA during March, according to the latest Adcorp Employment Index.

Chinese enterprises violate guidelines

2014-04-10 10:06

Nearly 2 000 Chinese enterprises have been found to be in violation of state pollution guidelines following a nationwide inspection campaign.

Cosatu CEC agrees to 'ceasefire'

2014-04-09 18:14

Cosatu says it has agreed to cease hostilities regarding Zwelinzima Vavi and Numsa after proposals made by ANC deputy president Cyril Ramaphosa.

SA farmers 'don't owe anyone anything'

2014-04-09 12:27

South African farmers are unwilling to finance half of land reform farms, because it is unjust and unfair, says an agriculture union.

Big four UK grocers losing market share

2014-04-08 13:18

Britain's big four grocers have all lost market share over the last three months to discounters, industry data shows.

Economy can be no 1 again - DA

2014-04-07 18:54
77 comments

The DA says it has a plan which would take the economy back to the number one spot after Nigeria displaced South Africa as the continent's biggest economy.

Growth in Sub-Saharan Africa to jump 5.2%

2014-04-07 17:42

Growing investment in Africa's natural resources and rising household spending will accelerate economic growth in Sub-Saharan Africa.

 

Copper theft barometer hits R11m

2014-04-17 12:39

The Copper Theft Barometer increased in March to R11m, says the SA Chamber of Commerce and Industry.

Crisis-hit UK Co-op loses billions

2014-04-17 11:01

Britain's Co-operative Group has made a loss in 2013, a year it describes as disastrous and the worst in its 150-year history.

Market inquiries ensure competition

2014-04-16 16:30

Market inquiries into a certain sector, such as the Competition Commission's probe into private health care, ensure competition, says former chief justice.

Call for global firms to spend war chests

2014-04-16 09:59

The world's top firms should start spending the $2.8trn cash built up since the downturn as their thriftiness could be halting global growth, warn analysts.

China's growth slows to 18-month low

2014-04-16 07:35

China's economy has shown slightly better than expected growth but is still at its slowest pace in 18 months in the first quarter of 2014, official data shows.

Face reality about quotas - chamber

2014-04-15 16:24

It is time for the Commission for Employment Equity to stop thinking in quotas and deal with the real issues, warns a business chamber.

Trade activity restrained, yet steady

2014-04-15 14:25

Trade activity was restrained but steady in March, says the SA Chamber of Commerce and Industry.

Italy sells Venice island in online auction

2014-04-15 12:45

An island in the Venice lagoon, a former monastery on the southern coast are among prime properties Italy has put on an online auction

Need for party right of ANC

2014-04-15 10:33

Whilst much of South Africa’s political pundits focused on the fall-out of the Nkandlagate corruption allegations engulfing President Zuma, thousands of miles away a momentous announcement was made.

SABMiller SA to cut 1 400 jobs

2014-04-14 16:45

SABMiller will consider cutting 1 400 jobs at its soft drinks bottling unit in South Africa to cut costs, Fawu says.

World trade picture a bit rosier - WTO

2014-04-14 14:01

The World Trade Organisation has slightly raised its 2014 forecast for growth in global goods trade to 4.7%, still gloomier than its predictions a year ago.

BMF: Transformation slow in the workplace

2014-04-14 11:21

Transformation in the workplace is slow 20 years into democracy, the Black Management Forum says.

Rising wages hit Bangladesh garment makers

2014-04-14 09:42

Bangladesh garment factory owners say they are soaking up much of the cost of nearly doubling wages as some global retailers balk at price hikes.

Ramaphosa: ANC needs a strong Cosatu

2014-04-11 13:58

The African National Congress needs a strong Cosatu, not a weak, divided one, says ANC deputy president Cyril Ramaphosa.

Ghana hits economic growth roadblock

2014-04-11 09:32

After a decade of pumping oil and achieving coveted middle-income status that made it the envy of other African nations, Ghana has hit a roadblock.

Africa is rising, despite challenges

2014-04-10 19:04

Africa's economic boom is real and sustained, but more work needs to be done to roll back poverty and create jobs, say African presidents and policy makers.

Lotto Board must reinstate workers

2014-04-10 12:44

The National Lotteries Board must reinstate workers dismissed after a 2008 dispute with then CEO Vevek Ram, the Constitutional Court rules.

Vavi: Story not so good economically

2014-04-10 12:06

The ANC government has a good story to tell on social transformation, but not on hard-core economic transformation, says Cosatu general secretary Zwelinzima Vavi.

NUM regaining members in platinum belt

2014-04-10 11:01

NUM says it is winning back members on the platinum belt from rival Amcu and is poised to regain recognition status at one of Anglo American Platinum's mines.

City centre to boost economic growth

2014-04-09 18:53

Plans to build a new city centre in Modderfontein in Johannesburg, includes a central business district with entertainment and sports centres.

Mercedes Benz launches new model offensive

2014-04-09 14:40

German carmaker Daimler's luxury offshoot Mercedes Benz has launched a new model offensive, says its chief executive.

Economy suffers on consumer woes, strikes

2014-04-09 11:58

Consumers are struggling to pay monthly expenses and long-running strikes are undermining the foundations of the economy, according to an index.

Mantashe: Invest in rural areas

2014-04-08 10:13

Business should not seek incentives for investing in rural areas, but rather transform villages into economic hubs, says ANC secretary general Gwede Mantashe.

Royal Mail sell-off: Ministers to face inquiry

2014-04-07 18:00

Two British ministers are on course to face lawmakers over the government's privatisation of Royal Mail.

Sharing farms with workers won't work - party

2014-04-07 16:12
101 comments

The idea of giving farm workers half of the land they work on is ill-considered, warns the Freedom Front Plus.

 
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