Gordhan moves to avert next ‘Nene’ crisis at Treasury

2016-04-28 17:07

Finance Minister Pravin Gordhan has recommended that trusted Treasury head Lungisa Fuzile’s five-year term be extended beyond its May 15 end, sources say.

Take-home salaries in SA taking strain

2016-04-28 15:38

South Africa continues to experience slow growth in disposable salaries, according to the latest BankservAfrica Disposable Salaries Index.

Van Vuuren: Job loss crisis imminent – Solidarity undershot with 60 000

2016-04-28 14:49

It’s unlikely SA will avoid a recession and well over 100 000 jobs may be in the balance in the next 12-18 months, fuelling an impending job crisis, says an analyst.

10 000 African millionaires could head to SA

2016-04-28 07:53

Over 10 000 millionaires from the rest of Africa are expected to move to SA over the next decade, according to a report by New World Wealth.

Price hikes major blow to battered consumers

2016-04-27 17:30

In addition to an expected big increase in the price of red meat, consumers should brace themselves for a hike in the price of petrol, warns a debt expert.

Big shift in racial distribution of SA millionaires

2016-04-27 12:34

Almost half of South Africa's dollar millionaires - those with a net value of R14.5m or more - are from previously disadvantaged groups, according to a report.

Over R80bn leaves SA illegally every year - Mahlobo

2016-04-26 16:01

More than R80bn leaves SA illegally each year, says Minister of State Security David Mahlobo, adding that global illicit financial flows are a major security concern.

Lynne Brown: SOEs must stay in government hands

2016-04-26 11:18

Government needs to retain ownership of state-owned companies to ensure growth and create jobs for generations to come, says Public Enterprises Minister Lynne Brown.

Eskom to lengthen lifespan of ageing coal plants

2016-04-25 13:45

Eskom's board has approved a new fleet renewal strategy based on economic viability as opposed to a purely age-based decommissioning of power stations.

SA downgrade won't be train smash - economist

2016-04-24 12:56

More downgrades of SA by ratings agencies will certainly not be a train smash, according to the head of fixed interest at Prudential Asset Management.


SA banks under pressure as economy stumbles

2016-04-28 16:26

South African banks are facing growing credit risks as the economy worsens, warns rating agency Standard & Poor's.

Producer inflation slows to 7.1%

2016-04-28 15:07

South Africa's producer inflation slowed more than expected to 7.1% year-on-year in March from 8.1% in February, data shows.

AA predicts more pain at the pumps

2016-04-28 12:46

Steady appreciation in international petroleum prices during April has brushed aside gains in the rand/dollar exchange rate, the AA cautions.

Rand decline likely to continue

2016-04-27 21:30

The rand remains below successive support levels, suggesting a continuation in the currency’s depreciation, according to Overberg Asset Management.

SA growth likely worst in sub-Sahara Africa - report

2016-04-27 14:22

South Africa's GDP growth this year is likely to be the worst performer in sub-Sahara Africa, according to a panel of experts.

Emigration expert JP Breytenbach: Economics strongest motivator for SAs moving to UK

2016-04-26 16:14

Emigration expert JP Breytenbach talks to Alec Hogg about migratory trends, with the latest wave of emigrants leaving for very different reasons to their predecessors.

Nearly 60 000 in SA face jobs axe, report shows

2016-04-26 12:57

South Africa is in the midst of an almost perfect storm that is destroying jobs, says Solidarity CEO Dr Dirk Hermann.

SA, Iran agree to boost economic, trade relations

2016-04-25 19:16

SA and Iran have signed several agreements and commitments involving both countries taking economic and trade relations to greater heights.

This is what US Agoa chicken looks like when it comes to SA

2016-04-24 14:27

What consumers see in shops when they buy imported US chicken is certainly not tasty-looking when it arrives in frozen block form, says the South African Poultry Association.

Who is getting fat on cheap US chicken imports?

2016-04-24 12:10

Someone is getting fat on cheap chicken imports and it isn't the hard-pressed South African consumer struggling to put decent food on the table, says the SA Poultry Association.

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