Financial crisis hits SA youth the hardest

2015-06-29 17:57

The high rate of long-term unemployment among both young people and adults reflects the mismatch between skills and available jobs, a report by Statistics SA shows.

Marikana sees little change three years on

2015-06-26 20:00

Almost three years after police shot 34 striking miners dead outside platinum producer Lonmin's Marikana mine, little has changed in the town.

Mutual benefit possible for Govt, business - dti

2015-06-26 19:05

The relationship between government and private companies should be nurtured as this will assist to re-industrialise the economy, says a dti official.

Eskom bailout going to 'black hole', Parly hears

2015-06-25 15:42

Two bills, which would enable a bailout of billions of rands for Eskom, have been passed by the National Assembly in the absence of the largest opposition parties.

Union calls for competitive electricity market

2015-06-24 21:15

Solidarity has urged Nersa to protect the public from the "further exploitation by Eskom" and to put workable plans in place that will alleviate the energy crisis.

Cees Bruggemans: Short-term economic relief but tough times ahead for households

2015-06-24 12:28

Households can expect real incomes to be hit hard, translating into new real spending subsidence as growth wanes, says Cees Bruggemans.

Foreign investors warm up to SA equities

2015-06-24 06:00

Despite growing uncertainty in global financial markets due to the impasse in Greek debt talks, foreign investors warmed up to SA equities, says Overberg Asset Management.

Power crisis biggest risk to SA growth - IMF

2015-06-23 18:04

SA's power supply crisis is the biggest obstacle to growth, while state support to Eskom and public sector wages may weigh on public finances, says the IMF.

Current account deficit narrows, spending rises

2015-06-23 11:02

The current account deficit has narrowed in the first quarter of the year, a Reserve bank report shows, although weak exports kept the trade balance under pressure.

SA closing doors to tourists - minister

2015-06-22 13:32

SA's new visa regulations are destroying opportunities and killing hope in the industry, says Western Cape minister of economic opportunities Alan Winde.


Beware of 'buyer panic' in property market

2015-06-26 21:02

While possible interest rate hikes could be making first time home buyers cautious, a significant level of "buyer panic" is seen at the same time, a survey shows.

Feedback on Dedisa power project in E Cape

2015-06-26 19:21

Projects within the Coega Development Corporation’s industrial development zone have received positive feedback from local and regional government officials.

That sinking feeling

2015-06-26 07:07

Shining optimism over SA has been replaced by a feeling of dread, says Mzwandile Jacks.

Expect big petrol price hike - AA

2015-06-25 13:37

South African motorists could be in for a shock at the petrol pumps in July because of the weak rand, the Automobile Association warns.

Tender price competition worst in years - index

2015-06-24 17:27

Tendering price competition is at its worst level since the end of 2011, according to respondents taking part in the latest FNB/BER Civil Confidence Index.

Small print shows how bond sales dried up

2015-06-24 11:42

The reluctance by companies to tap capital markets underscores the challenges Zuma’s administration faces in reigniting investment and growth in the ailing economy.

Retail growth in Gauteng townships investigated

2015-06-23 20:05

The Gauteng government is interested in the real impact of expanding retail giants into township markets, says an MEC.

Eskom to tap global markets with sukuks

2015-06-23 14:48

Eskom, which is seeking a tariff increase, will issue Islamic bonds or sukuks in international markets, according to acting chief executive Brian Molefe.

Sarb: SA rate moves will be highly data-dependent

2015-06-22 18:30

The South African Reserve Bank has reiterated that its mandate is achieving price stability and says any interest-rate increases will be dependent on forthcoming data.

Rand double-edged sword for current account gap

2015-06-22 11:41

While the rand’s slump against the dollar should be benefiting exports, that’s being offset by rising import costs as Eskom buys more diesel to run emergency gas turbines.

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