UAE to allow 100% business ownership to foreign investors

2018-05-21 15:39

The United Arab Emirates plans to allow full foreign ownership in companies and grant long-term visas to some investors and professionals as the Gulf economy seeks to attract more investments.

Police on high alert as 'deadline' looms for foreign shop owners to close unlicensed shops in Durban

2018-05-16 16:16

KwaZulu-Natal police say they are on high alert in townships north of Durban, as the "deadline" for foreign shop owners to shut down their businesses looms.

The new rule of life being absolutely free

2018-05-16 10:00

A new rule can destroy you if you do not recognise that it is a clockwork flag demanding that you change your behaviour and strategy, writes Clem Sunter.

US April retail sales gain points to healthier Q2

2018-05-15 14:44

US.retail sales have risen for a second month in April in broad fashion as bigger after-tax paychecks helped compensate for rising fuel costs.

US oil output to grow again this year - OPEC

2018-05-14 13:12

Booming oil output in the United States - which has threatened to derail other producers' efforts to drive up crude prices - looks set to expand strongly again this year.

Hong Kong sets fastest growth pace since 2011

2018-05-11 11:32

Hong Kong’s high-wire economy has continued to defy gravity, putting aside fears of a tightening Fed to post its best quarter of growth in almost seven years.

UK home prices post biggest monthly drop in almost eight years

2018-05-08 10:47

UK home prices have plunged the most in almost eight years in April, adding to signs of weakness in Britain’s property market.

China softens tone on trade after US leaves empty handed

2018-05-07 10:44

China has tried to strike a positive tone after Donald Trump’s trade negotiators left Beijing with no public sign of an agreement, reiterating that the US shouldn’t make unreasonable demands.

Why ending violent protests should be Ramaphosa's top priority

2018-05-07 07:01

Attempts to bring investors on board in South Africa will fail if they do not believe their capital will be safe, writes Kholofelo Maponya.

Brother of former spy-boss Fraser hooks fishy permits

2018-05-02 08:00

A company linked to Barry Fraser, the brother of the former spy-boss Arthur Fraser, has been awarded two marine tourism permits by the Department of Environmental Affairs.


Maimane needs a 'golden bullet': economic liberation through education

2018-05-17 12:37

How about 'economic liberation through education'? Surely that's a golden bullet that all South Africans – irrespective of race – can subscribe to, writes Robert J. Traydon.

Billionaire Michael Bloomberg is launching a rival to Davos — and it's all about China

2018-05-16 13:34

Michael Bloomberg, the billionaire philanthropist and founder of the eponymous financial data company, is launching a new conference that will rival the famous World Economic Forum, held each year in Davos, Switzerland.

Small businesses in KwaMashu, Inanda, Ntuzuma to be regulated

2018-05-16 09:25

The Durban-based North Region Business Association has demanded that shop owners who are foreign nationals shut down their businesses.

UK workers get pay increase as labour market tightens

2018-05-15 13:00

Britons have gotten their first real pay increase in more than a year as wage growth overtook the rate of inflation.

Canada job growth stalls even with fastest wage gains since 2012

2018-05-11 15:43

Canada has failed to generate any new jobs in April, but the unemployment rate stayed at the lowest in four decades and wages accelerated to signal a tight labour market.

BoE to keep policy unchanged after roller-coaster buildup

2018-05-08 12:45

The Bank of England will probably keep interest rates unchanged after an economic roller coaster that saw market bets on an increase flip from near-guaranteed to almost no chance.

ECB warns on trade tensions as eurozone economy falters again

2018-05-07 11:59

The European Central Bank has warned that a rise in trade protectionism would undermine the global economy, and says the US would be among the worst-affected.

German factory orders slide in latest sign of eurozone weakness

2018-05-07 10:19

German factory orders have unexpectedly dropped in March and February and was revised lower, confirming a weak start to the year in Europe’s largest economy.

Egypt population surge must be met with job growth: IMF

2018-05-06 15:50

Egypt needs to embrace policies that strengthen the private sector and promote job growth in order to cement the gains realized from sweeping economic revival efforts, the International Monetary Fund said.

Workers' Day: The difficulties of being your own boss

2018-05-01 10:04

While the debate rages around whether the minimum wage is enough to live on, some have taken it upon themselves to find other means of making money.

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