Draghi joins not-so-sure club over Brexit aftermath

2016-07-22 14:00

Mario Draghi is part of a growing club of central bankers who are just fine with admitting they’re uncertain what’s going on right now - and that’s no barrier to action.

Can SA work itself out of a tight spot?

2016-07-21 16:14

The IMF recently highlighted “deep-rooted structural problems” as reason for the economy’s inability to grow. What are these problems? And how can SA turn the situation around?

Uganda’s economy shrinks 1.3% in third quarter

2016-07-21 12:08

Uganda's economy has contracted by 1.3% in the third quarter of the financial year ended last month from a growth of 1.7% in the previous quarter.

SA economy: It's not all doom and gloom

2016-07-21 11:33

Despite South Africans’ tendency to focus on the negative, the local economy still has some positive aspects, says Prof. André Roux, director of the Institute for Futures Research at USB.

Stimulus bets undercut yen, euro on Brexit fallout

2016-07-21 09:36

Policy divergence is back, sending the yen, euro and New Zealand dollar to multi-week lows against the dollar.

UK unemployment declines below 5%

2016-07-20 11:10

The UK labour market has showed continuing strength ahead of the country’s decision to vote to leave the European Union.

UK faces slowest growth since 2012 after Brexit vote

2016-07-19 16:00

The International Monetary Fund has slashed its UK outlook after the Brexit vote and forecast the economy will grow at its weakest pace since 2012 next year.

SA GDP growth too slow to improve conditions - IMF

2016-07-19 14:43

Economic growth in SA is too slow to improve living standards in a country where a third of the population is excluded from the economy, says the International Monetary Fund.

MeerKAT paves way for mega science economy

2016-07-18 15:54

Science and astro tourism will soon be the 21st century economic driver in South Africa, says Economic Development Minister Ebrahim Patel.

Nigeria inflation 16.5% in June, highest in almost 11yrs

2016-07-18 12:06

Nigerian inflation has accelerated to the highest rate in almost 11 years in June, as the economy is at risk of contracting this year.


Brexit vote wreaks havoc on UK economy

2016-07-22 13:06

The UK economy has seen a "dramatic deterioration" in the wake of the Brexit vote as business activity shrank at its fastest pace since the financial crisis, a survey found.

Jobless claims in US unexpectedly decline

2016-07-21 15:50

The number of applications for US unemployment benefits has unexpectedly fallen last week, reaching a three-month low, indicating the labour market remains steady.

Four ways Africa can solve its energy gap

2016-07-21 11:34

George Njenga, GE Power Steam Power Systems regional executive for sub-Saharan Africa, shares solutions to Africa's energy challenge.

UK retail sales fall 0.9% after Brexit referendum

2016-07-21 11:15

UK retail sales have had their biggest drop in six months in June, adding to signs that the vote to leave the European Union is starting to bite.

Bridging South Africa’s economic divide

2016-07-20 15:19

It is a generation since the end of apartheid and there remains a growing gap between SA’s accomplishments and its concrete economic needs, says the IMF's David Lipton.

Inflation hits 6.3% as prices rise across the board

2016-07-20 10:39

Prices for consumer goods and services in June 2016 were up across the board, according to Statistics SA.

Eskom expects increase in export sales

2016-07-19 15:17

Eskom expects a significant increase in export sales in the near future, according to its chief financial officer.

Eurozone lending conditions eased before Brexit: ECB

2016-07-19 11:00

The European Central Bank says lending conditions in the eurozone have improved, signalling the economy was picking up until the UK cast a cloud over recovery.

May to visit Merkel for talks on UK’s post-Brexit place

2016-07-18 15:26

UK Prime Minister Theresa May will visit German Chancellor Angela Merkel as she makes the case for Britain remaining a powerful player in the world after a Brexit vote.

Gender-wage gap persists - PwC

2016-07-15 22:21

The gender-wage gap is still a problem in business, even at executive level.

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