ARTICLES RELATING TO SA ECONOMY

S&P ratings decision good news - for now

2016-12-03 07:23

The affirmation of South Africa’s sovereign credit rating is good news, but it should serve as a warning to policymakers, according to analysts.

S&P's ratings decision a partial victory, says Montalto

2016-12-02 20:54

S&P’s decision to affirm SA’s sovereign credit rating at one notch above sub-investment grade is a “partial victory” for National Treasury, says economist Peter Attard Montalto.

FULL S&P STATEMENT: SA survives junk hurdle

2016-12-02 18:57

Read the full statement by Standard & Poor's on their credit ratings outlook for South Africa.

SA does not deserve a downgrade - Zweli Mkhize

2016-12-02 17:20

South Africa does not deserve a ratings downgrade by Standard & Poor’s, ANC treasurer general Zweli Mkhize says.

Downgrade could create weaker rand, higher inflation

2016-12-01 18:29

The need for sustained growth is what separates SA from greater creditworthiness in the eyes of the three major international ratings agencies, says an expert.

Huge potential in SA's oceans economy - Transnet manager

2016-12-01 16:55

There is a huge potential in South Africa's oceans economy, says Lloyd Tobias, Transnet's general manager for the export of iron ore and manganese..

Revealed: If you earn monthly R12 500, you are classified as ‘rich’ – Govt. wage research

2016-11-30 20:27

A minimum wage is no panacea - radical policy decisions by government are what's needed to make the economy start creating jobs and real wealth by global standards.

Nene: Slightest policy distortion impacts fragile agriculture

2016-11-30 19:43

The fragile nature of agriculture means the slightest distortion in policy will have big consequences, says former minister of finance Nhlanhla Nene.

SA economy not growing fast enough to tackle problems - Ramaphosa

2016-11-29 16:32

The South African economy is not growing at the rate required to decisively tackle unemployment, inequality and poverty, says Deputy President Cyril Ramaphosa.

Jammine: Pravin’s being naive – ANC infighting WILL block economic reforms.

2016-11-29 11:17

Pravin Gordhan’s view that political turmoil won't distract the ANC from the structural reforms needed to avoid a junk downgrade seems naive, says an economist.

 

SA bets on bolstering growth to fight downgrades - Treasury

2016-12-02 21:36

SA has plans in place to ignite growth to avert a ratings downgrade in the next six months, National Treasury tells Fin24 as economists caution we aren't out of the woods yet.

S&P ratings: Treasury highlights 11 points

2016-12-02 20:13

National Treasury has pointed out the strengths and weaknesses mentioned by S&P Global Ratings after the country escaped a downgrade to junk.

Junk breather for SA, but S&P lowers local currency rating

2016-12-02 18:38

South Africa has dodged the junk bullet after S&P Global kept the foreign currency rating one notch above sub investment grade, but lowered the long-term local currency ratings.

Andile Nomlala: Black people must ensure transformation

2016-12-01 19:30

Black people must ensure that transformation laws in SA are implemented, says Andile Nomlala, chair of the Black Management Forum in the Western Cape.

Judge Dennis Davis: I'm not probing disciplinary matters at Sars

2016-12-01 17:09

Judge Dennis Davis made it clear that the committee he heads isn't investigating matters between Finance Minister Pravin Gordhan and Sars boss Tom Moyane.

New car sales under pressure despite incentives

2016-12-01 15:10

Despite attractive cash incentives on offer by a number of automotive companies, the consumer driven new car market has remained under pressure during November.

Watchdog to probe holiday timeshare industry

2016-11-30 19:49

The National Consumer Commission is in the process of conducting a public inquiry into the Vacation Ownership Industry to find permanent solutions for alleged consumer challenges.

SA agriculture key player in Africa - minister

2016-11-29 19:36

South Africa's agricultural sector is a key player on the African continent, says Minister of Agriculture, Forestry and Fisheries Senzeni Zokwana.

Petrol reprieve on the cards for December

2016-11-29 12:45

South Africans can look forward to lower fuel prices for December, according to the Automobile Association.

Sars receives 5.74 million submissions as tax hikes loom

2016-11-28 20:13

The taxman received altogether 5.74 million tax returns by its November 25 deadline, as taxpayers face increases to be announced in the February 2017 budget.

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