No quick fix for Gauteng as SA economy falters

2017-06-23 10:27

SA's economic hub Gauteng faces a tough environment as it struggles with huge unemployment, rapid urbanisation and a national recession. A worried MEC says there are no quick fixes.

Gerrie Nel: 4 things needed to fight corruption in SA

2017-06-22 21:00

There are four things needed to fight corruption, according to former state prosecutor Gerrie Nel, now head of a private prosecutions unit.

New charter won't bring down mining sector - Zuma

2017-06-22 18:06

President Jacob Zuma has given the controversial new Mining Charter a ringing endorsement, and denies it will be “an action that brings down the mining sector”.

In your business news: SA debt vs social spending

2017-06-22 17:13

More taxes are likely on the cards for SA, the JSE warns that Oakbay risks suspension and President Jacob Zuma admits his adviser kept mum on his business interests.

Govt 'confident' that it can address recession - Cabinet

2017-06-22 14:18

The South African government is confident in its plans to get the country out of a recession and on a sustainable growth path, Cabinet says.

Govt now spends more on servicing debt than social grants

2017-06-22 12:46

Servicing its debt is now costing the South African government more than the amount it spends on social grants, says a political analyst.

Risk appetite easing downgrade impact on SA - economist

2017-06-21 19:25

The impact of the ratings downgrades would have been a lot worse if it was not for the positive risk appetite in the world, says a Nedbank economist.

Top business news: More controversy with Zuma, Public Protector

2017-06-21 18:25

Economists and business executives agree that President Jacob Zuma is devastating the economy, while news emerge that Public Protector Busisiwe Mkhwebane punted a book by an anti-Reserve Bank activist while probing the Bankorp bailout.

Why Malema should educate people on property misconceptions

2017-06-21 17:11

Julius Malema should educate people on economic fundamentals and misconceptions about commercial property ownership in SA, says the managing director of Growthpoint Properties.

Malema: Rupert has never challenged me

2017-06-21 13:58

EFF leader Julius Malema says business tycoon Johann Rupert, who he claims is one of the people who has a monopoly on the economy, has never challenged him in court about his utterances.


SARB isn't crippling growth in SA - economist

2017-06-23 05:30

The SA Reserve Bank should be regarded as an enabler for South Africa to successfully meet its growth and transformation challenges, says economist Kenneth Creamer.

'Location no longer the most important property factor'

2017-06-22 18:36

Anybody entering the property market – whether it is commercial or residential – needs to take into account the long term trends, says a property economist.

Rand strength sets tone for JSE slide

2017-06-22 17:51

The rand strengthened causing rand hedge stocks to trade under pressure, which dragged the overall index lower.

Zuma asks Maimane: Why are you victimising Duduzane

2017-06-22 16:00

President Jacob Zuma has lashed out at DA leader Mmusi Maimane for alleging that he had a hand in his son Duduzane’s success as a business person.

Axing Zuma no solution for SA business - analyst

2017-06-22 13:56

Those who think that removing President Jacob Zuma tomorrow would address all South Africa's ills are sadly mistaken, says a political analyst.

Municipalities lack accountability for finances - AG

2017-06-22 05:00

Municipalities have consistently displayed a lack of accountability in managing their finances, warns the auditor general.

CPI: No hard and fast rule for rate cut

2017-06-21 18:28

The latest inflation figures have resulted in mixed views by economists on the likelihood of a rate cut in future.

JSE reverses earlier losses to close firmer

2017-06-21 18:21

The JSE closed in positive territory, while the rand was caught again in volatile trade as the US dollar lost some ground.

SEE: Zuma appoints members to National Consumer Tribunal

2017-06-21 16:16

President Jacob Zuma has appointed 17 people to the National Consumer Tribunal for the next five years, the Presidency has announced.

Only nine new municipalities out of 263 achieved clean audits - AG report

2017-06-21 11:12

The latest auditor general report shows little improvement in municipalities' audit outcomes, with 14 municipalities losing their clean audit opinions.

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