ARTICLES RELATING TO SA ECONOMY

SA professionals' confidence levels climb

2013-05-23 12:11

Graduate professionals felt more confident of SA's prospects in the first quarter of this year on a range of economic factors‚ an index shows.

Vavi: Big business is stunting growth

2013-05-16 16:27

Big business is the greatest obstacle to the growth of small business in South Africa, Cosatu general secretary Zwelinzima Vavi says.

Trade index up on new vehicle sales

2013-05-15 15:51

Trade conditions improved faster than anticipated in April aided by a robust rise in new vehicle sales, says the SA Chamber of Commerce and Industry.

Top economist slams BEE

2013-05-10 14:48

Professor Mthuli Ncube of the African Development Bank says black empowerment fails to create value, and that the entrepreneurship element it needs is missing.

Vavi: Capitalism the real enemy

2013-05-10 11:55
119 comments

Issues such as xenophobia, corruption, gender-based violence, and substance abuse are rooted in economic misery, Cosatu general secretary Zwelinzima Vavi says.

Is Capitec really bigger than Nedbank?

2013-05-09 11:45

Capitec is a fantastic success story but it's nowhere near SA’s fourth-biggest retail bank, says Finweek editor Marc Ashton.

Unemployment rate rises to 25.2%

2013-05-06 11:51

The number of unemployed people increased by 100 000 people to 4.6 million between the fourth quarter of 2012 and the first quarter of 2013, Statistics SA says.

Incentives promised for electric cars

2013-05-02 14:20

South African vehicle manufacturers will receive incentives for producing more electric cars, says Trade and Industry Minister Rob Davies.

Zuma didn't know about Blockbuster deal

2013-04-28 15:45
95 comments

President Jacob Zuma’s son Edward denies using his father’s name to ease his entry into South Africa’s low-cost airline market.

Secrecy bill to be voted in today

2013-04-25 10:43

Is the rushing through of controversial ANC legislation the end of freedom of expression in South Africa, asks James-Brent Styan.

Economist trashes cash pile claims

2013-04-24 12:22

Suggestions that local companies are sitting on piles of cash, but are unwilling to invest in the economy are not true, says a leading Old Mutual economist.

In response to naysayers

2013-04-18 07:25

SA really is better off than a decade ago, insists Geoffrey Chapman.

IMF: SA economic growth lagging

2013-04-17 08:56

South Africa is lagging behind in economic growth in sub-Saharan Africa, according to global growth forecasts released by the International Monetary Fund.

Manufacturing output falls 2.9%

2013-04-11 14:37

South Africa's manufacturing output fell 2.9% in February, the first contraction in five months, compared with revised 3.7% growth in January, Statistics SA says.

Sacci: Trade prospects positive

2013-04-11 12:39

Despite a depressed business mood, there remain pockets of optimism in the economy with improving trade for March, the SA Chamber of Commerce and Industry says.

Broadband delays hurt economy - report

2013-04-11 08:43

Government delays in improving broadband internet access are having a negative impact on the country's economy, according to rankings by the World Economic Forum.

IDC economist Kelder tops poll

2013-04-09 15:28

The Industrial Development Corporation's Nico Kelder is the most accurate predictor of key South African economic indicators for 2012, data shows.

No room for rate cut this year

2013-04-04 12:22

Inflation is likely to rise this year while growth will only pick up modestly, leaving the Reserve Bank with no room to cut interest rates, a poll has found.

PMI falls to 49.3 in March

2013-04-02 11:26

SA's seasonally adjusted purchasing managers' index fell back into contraction territory at 49.3 in March from 53.6 in February, Kagiso Tiso Holdings says.

Give us a Bric

2013-03-26 08:30

SA should exploit its good luck one Bric at a time, says Jarred Myers.

Mboweni: Beware politicians promising jobs

2013-03-24 16:49

Former Reserve Bank governor Tito Mboweni has called on South African politicians to be honest on matters of the economy, capital and corruption.

Battered brand SA leaves investors wary

2013-03-24 09:37
152 comments

A series of recent tragedies threaten to reverse strides made by South Africa and spook investors, say analysts.

 

The unacceptable ambassador

2013-05-20 10:46

Jarred Myers discusses Tony Leon's ambassadorship in Argentina.

Davies: Industrialisation drive working

2013-05-15 18:31

South Africa's drive to attract foreign investment and grow its industrial base is bearing fruit, Trade and Industry Minister Rob Davies says.

Vavi: Unemployment a ticking bomb

2013-05-12 10:33
121 comments

Unemployment in South Africa is a ticking bomb, Cosatu general secretary Zwelinzima Vavi says.

Mashatile: Films flex economic muscle

2013-05-10 14:34

The South African film industry contributes R3.5bn annually to the economy and provides employment to more than 25 000 people, Arts Minister Paul Mashatile says.

Zuma, please take note!

2013-05-10 07:18

SA's social structure is in a state of collapse, says Mzwandile Jacks.

Probe into lavish Nkandla spend

2013-05-08 11:14

The department of public works is investigating all its Prestige projects, including the R206m upgrade of President Jacob Zuma’s private homestead at Nkandla.

Vavi: Economy needs radical restructuring

2013-05-03 22:11
88 comments

South Africa faces massive problems in its economy, despite achieving democracy 19 years ago, says Cosatu general secretary Zwelinzima Vavi.

Trade shortfall narrows to R7.77bn

2013-04-30 15:15

South Africa’s trade balance recorded a lower than expected deficit of R7.77bn in March from R9.52bn in February, according to Sars data.

Sarb: Banking sector well capitalised

2013-04-25 12:11

SA's banking sector remained adequately capitalised in the second half of last year‚ the latest Financial Stability Review from the SA Reserve Bank found.

Brief petrol price relief on cards

2013-04-24 13:38

Consumers are likely to breathe a sigh of relief, albeit temporarily, as the domestic petrol price is set to decrease next week.

Zuma’s son backs new budget airline

2013-04-24 11:51
174 comments

London-based group FastJet has abandoned plans to resuscitate 1time and is pursuing a new business venture in SA, backed by President Jacob Zuma’s son Edward.

Minister in Qatar for bilateral talks

2013-04-14 09:00

Deputy International Relations Minister Ebrahim Ebrahim is in Qatar for bilateral talks to help the two countries engage the status of trade and industry, energy, tourism.

SA has little exposure to Cyprus crisis

2013-04-11 13:23

While the European financial crisis has dragged on for longer than expected‚ flows remain good as investors still look favourably on South Africa‚ says the Reserve Bank.

SA economy crawling back - survey

2013-04-11 10:51

BankservAfrica's Economic Transaction Index showed encouraging signs of the economy clawing back in February after more than a year of stagnation.

Thousands of jobs lost in March

2013-04-10 09:24

The Adcorp March employment index shows employment declined at an annualised rate of 2.1%‚ with the economy shedding 33 202 jobs.

Domino effect danger for SA consumers

2013-04-05 09:15

Proper planning is the way to cope with petrol and electricity hikes which are sure to eat into savings and debt levels in the coming months, caution experts.

Davies launches plan to boost economy

2013-04-04 14:09

Trade and Industry Minister Rob Davies has unveiled the Industrial Policy Action Plan 2013/2014, aimed at creating economic growth.

Business confidence at 13-year low

2013-04-03 12:07

Business confidence in South Africa slumped to its lowest in 13 years in April, a survey shows, reflecting concerns about stubbornly sluggish economic growth.

Sars collects R4bn more in revenue

2013-04-03 11:11

South Africa collected R814bn in revenue in the fiscal year ended March 31 compared with a target of R810bn, Finance Minister Pravin Gordhan says.

SA Inc turns over R1.65 trillion

2013-03-28 10:52

SA industries' total turnover for the fourth quarter of 2012 was estimated at R1.65 trillion compared with R1.62 trillion the quarter before‚ Stats SA says.

SA ideal for Brics bank - report

2013-03-26 07:59

South Africa is well positioned to become the home of the Brics development bank, Standard Bank joint CEO Sim Tshabalala said in a report.

Cosatu calls for industrialisation

2013-03-24 14:43

Congress of SA Trade Unions general secretary Zwelizima Vavi has called for industrialisation to tackle inequality, unemployment and poverty.

Zuma: Don't criticise SA

2013-03-21 16:33

South Africans should stop talking their country and its economy down, President Jacob Zuma says.

ANC is not our enemy, says Numsa

2013-03-19 21:08

The National Union of Metalworkers of SA has pledged its unequivocal support to the ANC, despite its strong opposition to the National Development Plan.

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