ARTICLES RELATING TO ECONOMY

Zuma v Gordhan narrative is 'toxic' - Presidency

2016-05-27 14:55

The Presidency has condemned what it called a "toxic narrative" in the media about a war between President Jacob Zuma and Finance Minister Pravin Gordhan.

How S&P is making its assessment of SA's credit rating

2016-05-27 09:36

Standard & Poor’s will announce its decision on South Africa’s credit rating on 3 June. Nazmeera Moola and Peter Kent, co-heads of fixed income at Investec, unpack the criteria the rating agency will be using to assess SA.

The effects of a credit downgrade

2016-05-27 06:00

Standard & Poor's will announce the status of South Africa's credit rating on 3 June 2016. We look at the effects of a potential credit downgrade would have on households.

PPI slows to 7% in April

2016-05-26 12:02

SA's producer price index increased by 7% increase in April, a slight decrease from the 7.1% increase recorded in March, Stats SA has announced.

Better ways to measure improvement than GDP

2016-05-24 16:15

Gross domestic product is the widely-used indicator for the general prosperity of society. While useful, it has its limits, and some adjustments to the measure need to be tabled.

Fitch cuts Mozambique’s rating to CC over hidden debt

2016-05-24 10:55

Fitch Ratings has cut Mozambique’s credit to CC, indicating that a default of some kind is probable, after the country disclosed more than $1bn of previously hidden debt.

Brexit may spark yearlong recession, cost jobs

2016-05-23 12:00

The UK government has issued its starkest warning yet about the dangers of a vote to leave the European Union, sparking a decline in the pound.

How Africa’s past will shape its future

2016-05-21 09:00

While many countries on the continent have made significant strides with regard to democratisation and bringing about peace, the same cannot be said for others.

Safaricom: No procurement wrongdoing

2016-05-20 17:48

Safaricom, Kenya's biggest telecoms operator, says a leaked report on procurement processes has not shown any wrongdoing.

Growth is on African business agenda - PwC report

2016-05-19 19:02

A report released by PwC Africa says Africa remains one of the preferred areas for investment opportunities and doing business.

 

Brexit could wipe billions off UK pensions

2016-05-27 10:19

A decision by Britain to leave the European Union could leave pensioners as much as £300bn worse off, the Treasury warned.

Tiger heads for calmer waters

2016-05-27 06:30

Tiger Brands is recovering from past “missteps” and a strategic review by its new CEO aims to identify growth opportunities as well as possible headwinds coming its way.

SA won't end up like Venezuela - Gordhan

2016-05-26 22:24

South Africa will not turn into “another Venezuela”, Finance Minister Pravin Gordhan has said in Parliament.

German business sentiment ignores Brexit fears

2016-05-25 12:08

German business sentiment has improved to the strongest level in five months in May, a sign that growth momentum in the economy remains strong.

Greek debt relief is coming, IMF rips Eurozone proposal

2016-05-24 11:43

Five years after handing Greece the biggest sovereign-debt write-off in history, European policy makers have come to the point of having a discussion on debt relief.

Africa to grow 3.7% this year, 4.5% in 2017 - AfDB

2016-05-23 13:02

Africa's economy is likely to grow 3.7% this year as private consumption and investment offset a slump in commodity prices and global headwinds, says the AfDB.

Nico Marais: Uncertainty is investors biggest risk. How do you manage that?

2016-05-22 11:12

Uncertainty seems acute in global markets, and of course SA has a particular sovereign crisis. An expert discusses how we should we be thinking about this phenomenon.

Zim platinum industry calls for huge investment

2016-05-20 19:15

Zimbabwe could double annual platinum production in the next decade and become the nation's top export earner but it needs huge investment.

Political Alzheimers – Zuma’s black entrepreneurs fund. Wessels explains why.

2016-05-20 07:12

There's little hope for Zuma's new multibillion fund for entrepreneurs without evidence of a radical rethink of strategies that continue to waste billions, says an expert.

Bumpy road ahead for SA!

2016-05-19 15:14

Lesiba Seshoka explains why South Africa’s outlook might be bleaker than we think, and how politics is playing out in all spheres of the economy.

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