Economic growth needs more black participation - KZN MEC

2017-08-19 11:29

The economy will grow if more blacks are allowed to participate in it, KwaZulu-Natal economic development MEC Sihle Zikalala has said.

UK retail sales rise, led by surge in demand for food

2017-08-17 12:09

UK retail sales have risen more than forecast in July, driven by the biggest jump in purchases of food in almost two years.

Eurozone economic growth picks up pace as recovery spreads

2017-08-16 12:17

The eurozone economy has gathered pace in the second quarter as more nations joined the recovery.

Broad-based advance in US retail sales shows solid spending

2017-08-15 14:56

US retail sales have advanced by the most this year, with widespread gains that signal a robust start to consumer spending in the third quarter.

UK seeks interim customs union with EU to smooth Brexit

2017-08-15 10:44

The UK government says it wants to maintain tariff-free, bureaucracy-light trade with the European Union for a period after Brexit and perhaps permanently.

Our country’s economy is in the hands of a few white people - Jeff Radebe

2017-08-12 20:31

Economic freedom is the biggest problem still facing the majority of black people in South Africa, African National Congress head of policy Jeff Radebe has said.

In debt we trust for US consumers with $12.7trn burden

2017-08-10 12:18

After deleveraging in the aftermath of the last US recession, Americans have once again taken on record debt loads that risk holding back the economy.

London slump drags UK house-price growth to a standstill

2017-08-10 09:44

UK property prices have stagnated in July as a slump in London values spread to neighbouring areas, according to the Royal Institution of Chartered Surveyors.

#SOMI2017: Toyota SA reveals its future motoring plans for 2030

2017-08-10 08:14

The biggest brand discusses trends and where the motoring landscape in South Africa is shaping into the future. Lance Branquinho shares what Toyota SA has in store...


Factory output in US declines on weaker auto production

2017-08-17 16:18

A slump in motor vehicle production has pushed down US factory output unexpectedly in July, according to Federal Reserve data.

UK wage growth beats forecasts but still lags inflation

2017-08-16 13:45

The squeeze on UK consumers has continued in the second quarter, when the fastest inflation in four years ate into workers’ income.

PwC fined R87m in largest-ever sanction from UK regulator

2017-08-16 10:13

PricewaterhouseCoopers has been fined £5.1m for misconduct over its audit of RSM Tenon in the largest-ever sanction issued by the UK accounting regulator.

Joburg mayor insists on 'shock and awe' plan for city revamp

2017-08-15 11:21

Johannesburg mayor Herman Mashaba says aid agencies must help care for undocumented foreigners that he plans to evict in a bid to attract investment to rebuild SA’s economic hub.

German economy extends growth spurt as nation heads for vote

2017-08-15 09:15

The German economy has extended its growth spurt in the second quarter, playing into the hands of Angela Merkel as she bids for a fourth term as chancellor.

China economy loses momentum as factory output, investment slow

2017-08-14 09:30

China’s economy has showed further signs of entering a second-half slowdown, as curbs on property, excess borrowing and industrial overcapacity began to bite.

Unexpected drop in US wholesale prices shows tame inflation

2017-08-10 18:02

An unexpected decrease in US wholesale prices in July, the first in nearly a year, signals inflation will remain tame, according to the US Labor Department.

Disappointing UK manufacturing, trade cap sluggish quarter

2017-08-10 11:00

The UK economy has ended the second quarter on a disappointing note as manufacturing stagnated and the trade deficit unexpectedly widened.

Emerging markets, where the only constant is change...

2017-08-10 08:54

This has been a turbulent year for South Africa. But the country is not alone.

China's trade surplus widens as imports moderate

2017-08-08 11:00

China’s trade surplus has widened for a fifth month as export growth remained solid, keeping the spotlight on a trade gap US President Donald Trump aims to narrow.

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