ARTICLES RELATING TO SA ECONOMY

Steady rates ‘wrong choice’ for heavily indebted

2015-01-29 16:29

For over-indebted consumers, as well as for business and commerce, the MPC's decision not to lower interest rates was the wrong choice, says an expert.

Consumers have never had it so good - expert

2015-01-29 10:21

Lower inflation and a further expected petrol price drop do not mean consumers should stack up even more debt, warns an expert.

Commodities dip puts damper on oil benefits

2015-01-28 13:51

Benefits from the oil price drop are likely to trickle through to the SA economy only in the second half ot the year, according to a report.

R700bn lost to corruption in 20 years

2015-01-28 10:46
179 comments

Corruption has cost South Africa R700bn over the last 20 years, according to the Institute of Internal Auditors.

Fuel price: Beware of inflation, greed, politics

2015-01-27 14:40

The crude oil price has broad implications and it is the market manipulation, events, anomalies and corresponding events that must be viewed, warns an expert.

Eskom power station stripped for scrap

2015-01-27 09:50
143 comments

As renewed loadshedding plunges South Africans into darkness, embattled power provider Eskom is stripping a KwaZulu-Natal power station for scrap.

Load shedding season begins as unforeseen technical problems affect power supply

2015-01-26 16:28

The power system is severely constrained due to unforeseen technical problems at power stations and as a result Eskom has had to go into stage 1 load shedding.

Zuma: No wise businessperson should skip SA

2015-01-23 13:54
125 comments

SA is open for more investment and offers an opportunity that no wise businessperson would want to miss, says President Jacob Zuma in Davos.

Rhino poaching hits SA economy - WWF

2015-01-22 21:19

The scourge of rhino poaching is hitting the economy, the WWF has said as the department of environmental affairs released final poaching statistics for 2014.

Eskom: We can provisionally meet demand

2015-01-22 17:27

If there is no technical breakdown this week Eskom will meet electricity demand, says the parastatal.

Petrol price could drop by R1 - expert

2015-01-21 21:57

The petrol price is falling so quickly that a further reduction of R1 may be on the cards, says an economist.

E-toll panel misunderstands disobedience - Outa

2015-01-20 20:47
86 comments

Conscientious civil disobedience is morally justified when government ignores the will of the people on an unjust and irrational policy, says Outa.

Sanral not surprised by lower Moody’s outlook

2015-01-20 15:15

Sanral is solvent, although non-payment of tolls has had a negative impact on the debt levels on the toll portfolio, counters the roads agency.

E-toll woes lower Moody's outlook on Sanral

2015-01-20 10:24

Moody's has changed its outlook on Sanral's issuer rating because weaker than expected e-toll revenue collection has dented the agency's financial strength.

No power cuts scheduled

2015-01-19 15:17

No load shedding is being implemented at present but the electricity grid remains constrained, Eskom says.

Townships trump suburban house growth

2015-01-19 13:27

House price growth in former black township areas has outperformed major metro residential markets in 2014, says First National Bank.

An economic Codesa?

2015-01-19 07:38

It’s time to make decisions on SA's economic policies, says Mandi Smallhorne.

Act on corruption in E Cape - SACP

2015-01-19 05:00

The SA Communist Party in the Eastern Cape has called for action to be taken on forensic reports about corrupt activities in the province.

Tender probe leads to Royal Bafokeng suspensions

2015-01-18 19:27

Two officials of the Royal Bafokeng Nation have been suspended over alleged tender irregularities involving R46m, reports the Business Times.

Shocking cost of SA’s universities

2015-01-18 15:49
87 comments

It will cost you easily R100 000 – if not more – for your child to study for just one year at one of South Africa’s top institutions.

E-toll report a victory for poor - SACP

2015-01-16 20:00

The report on e-tolls released by Gauteng premier David Makhura is a victory for poor and working class people, says the SA Communist Party.

Cosatu disappointed at e-toll review outcome

2015-01-16 09:55

Cosatu says it is disappointed that the e-toll review panel has not called for the system to be scrapped, and will continue to argue strongly for this to happen.

Govt discussing e-toll recommendation

2015-01-15 21:39

Government is working together with municipalities to consider the recommendations made by the e-tolls advisory panel and their implications, says Gauteng Premier.

Govt discussing e-toll recommendation

2015-01-15 15:51

Government is working together with municipalities to consider the recommendations made by the e-tolls advisory panel and their implications, says Gauteng Premier.

 

December PPI slows year-on-year

2015-01-29 12:08

South Africa's producer price inflation has slowed year-on-year in December, according to Stats SA.

Rand Water warns of Shutdown in Mogale City

2015-01-28 15:58

Rand Water plans to shut down its Eikenhof Pump Station temporarily to do some work on certain pipelines.

Brace for rate hikes in 2015 - debt expert

2015-01-28 12:02

Inflation rates are likely to quickly increase as 2015 progresses, forcing Sarb to start another rate hiking cycle, warns a debt expert.

Oil price drop could bring surprise U-turn for SA

2015-01-27 16:10

Drastic declines in the international oil price and sharp cuts in the local petrol price could herald a sharp turnaround in SA’s fortunes, says an expert.

Eskom power station stripped for scrap

2015-01-27 10:35

As renewed loadshedding plunges South Africans into darkness, embattled power provider Eskom is stripping a KwaZulu-Natal power station for scrap.

Interest rate cut likely postponed - economist

2015-01-26 21:00

Despite the low oil price, the SA Reserve Bank will most likely not cut the interest rate at its upcoming MPC meeting, according to an economist.

Eskom implementing stage 1 load shedding

2015-01-26 11:16
112 comments

The power system is severely constrained due to unforeseen technical problems at power stations and as a result Eskom has had to go into stage 1 load shedding.

Sars suspends Pillay for second time

2015-01-23 12:52

SA Revenue Service deputy commissioner Ivan Pillay has been suspended for the second time in two months.

Wine farmers plead poverty

2015-01-22 19:15

Wine farmers and producers are simply not making enough money and are therefore not planting any new vines, warns an industry body.

Zuma: Power grid can't handle population

2015-01-22 08:37
276 comments

SA's electricity infrastructure was not designed to serve 11 million households, President Jacob Zuma has told the World Economic Forum in Davos.

Four-point plan for Eskom turnaround

2015-01-21 13:55

The core problem with SA's electricity supply industry is that it has been over-regulated and nationalised for more than a century, says a business body.

Public servants worried about slow wage talks

2015-01-20 18:01

The Public Servants Association is concerned about the slow pace of public service wage negotiations and the effect on government’s budgeting processes.

No power cuts but grid taking strain - Eskom

2015-01-20 10:45

There are no power cuts expected, although the electricity grid is constrained, warns Eskom.

IMF lowers SA growth forecast - report

2015-01-20 09:13

The International Monetary Fund has dropped its forecast for South Africa's economic growth in 2015 to 2.1%, according to a report.

Interest rates likely unchanged - expert

2015-01-19 19:34

The key question is whether new Sarb governor Lesetja Kganyago can maintain his stance that SA is in a rate hiking cycle, says an economist.

Interest rate cut could be looming

2015-01-19 14:38

South African interest-rate derivatives are starting to predict a Sarb interest-rate cut as the slump in oil drives inflation to the lowest in a year.

Thoughts on the oil drop

2015-01-19 12:07

It will take time for the market to adjust to the new reality, says Jac Laubscher.

Mine strikes inconvenient but useful - minister

2015-01-19 06:00

Mining sector strikes, although a huge inconvenience, have been a useful way to see where problems lie, says Minister of Mineral Resources Ngoako Ramatlhodi.

DA: Cosatu wage subsidy bullying no help to SA

2015-01-18 21:14

Cosatu’s "bullying of government" into a weaker youth tax incentive will not have the impact on job creation that SA desperately needs, claims the DA.

Eskom: It’s load-shedding or die

2015-01-18 17:51
99 comments

Eskom has finally abandoned its “lights on at all costs” policy – and not a moment too soon for its beleaguered, ageing power plants.

E-toll ideas trying to be half pregnant - Outa

2015-01-16 15:31

Outa feels vindicated by the comments made by Gauteng premier David Makhura about the e-toll system in its current form.

E-tolls place burden on the poor - Makhura

2015-01-16 05:00

The e-tolling system has placed a disproportionate burden on low and middle income households, says Gauteng premier David Makhura.

Gauteng e-tolls must be reviewed: Makhura

2015-01-15 21:39

Elements related to the affordability, sustainability and administration of the e-toll system must be reviewed, says Gauteng premier David Makhura,

Gauteng e-tolls must be reviewed: Makhura

2015-01-15 13:53

Elements related to the affordability, sustainability and administration of the e-toll system must be reviewed, says Gauteng premier David Makhura,

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