ARTICLES RELATING TO ECONOMY

EXPLAINER: What is GDP?

2019-08-18 08:33

Gross domestic product or GDP is a measure of the size and health of a country’s economy over a period of time. It is also used to compare the size of different economies at a different point in time.

WATCH: The Brief: Opposition parties launch rival plans to avoid no-deal Brexit

2019-08-17 10:22

With the clock ticking down to a no-deal Brexit, opposition parties have been launching rival plans to avoid a cliff-edge departure.

Trump lashes out at 'clueless Jay Powell and the Federal Reserve' after recession signal flashes

2019-08-15 08:39

The attack came after a key recession signal flashed for the first time since the financial crisis, sending financial markets sharply lower.

Retail sales up 2.4% year-on-year

2019-08-14 13:35

Measured in real terms, retail sales increased by 2.4% year-on-year, StatsSA said on Wednesday.

New Zealand just became the first country to legalise salary payments in cryptocurrencies

2019-08-13 16:02

Companies can pay salaries in bitcoin and other cryptocurrencies starting September 1. New Zealand's income-tax rules will still apply.

The #NoMarriage movement is adding to Korea’s economic woes

2019-08-10 15:51

South Korea’s government is reacting by offering incentives to encourage marriage and especially parenthood.

White-male mentorship brings a premium, and it’s hurting women

2019-08-09 13:41

Want to get ahead at work? The latest in business and management research says get a sponsor: someone who has enough clout to successfully advocate for you to the people that matter, a person who will recommend you for an opportunity that you didn’t know existed.

WATCH: Turning plastic waste into roads

2019-08-09 09:59

Springfield Properties, a housing development company, and MacRebur, a company that uses plastic waste to surface roads, have teamed up to build a road out of plastic waste in Scotland, according to a report in the BBC.

Zimbaweans face 182% hike in mobile call tariffs

2019-08-08 18:33

Zimbabweans will have to pay more for mobile calls after the country's telecoms regulator hiked tariffs by 182%.

WATCH: Britain faces food shortages in no-deal Brexit: trade body

2019-08-08 08:52

A disorderly no-deal Brexit would disrupt some food supplies for weeks or months if delays at ports leave fresh produce rotting in lorries, the industry's trade body warned.

 

Zimbabwe has a plan to end 20-year standoff with creditors

2019-08-17 13:07

Zimbabwe’s government has said it’s ready to settle with global lenders, sell assets and make the difficult spending decisions needed for financial recovery. But with opposition protests against plunging living standards scheduled in cities nationwide, he’s in a race against time.

DTI washes its hands of lottery scandal

2019-08-16 07:00

Minister Ebrahim Patel is legally obliged to hold the National Lotteries Commission accountable.

These 7 companies have been pegged as SA's next heavy hitters

2019-08-15 07:00

Seven majority black-owned small businesses have been selected as winners of the CEO Circle Entrepreneurs Award for being deemed a high-potential business "with the ability to grow into a significant company of R500m-plus in value".

Lottery-funded rehab centre unfinished after two years

2019-08-13 21:59

#DodgyLottery part four: R17m has been spent on Kuruman facility.

'Very painful’ trade war has tech suppliers moving out of China

2019-08-13 14:38

HP-laptop maker Inventec says it will to shift production of notebooks for the US market out of China within months, adding to the tech industry’s exodus as the world’s two largest economies escalate their trade war.

Want to tackle GDP growth, unemployment? Close the gender gap, research shows

2019-08-09 14:57

A recent PwC Strategy& analysis found that by closing the gender pay gap in both pay and representation by just 10% could yield an additional 3.2% in GDP growth and reduce unemployed job seekers by 6.5%.

The Lottery-funded library with empty shelves

2019-08-09 13:41

#DodgyLottery part three: R20m has been spent on the Credo Mutwa Museum and Library, with very little to show for it

Ferial Haffajee: The new normal – SA’s economy is becoming 3rd world

2019-08-08 20:11

We are falling out of the pack of emerging markets faster than Caster Semenya out of the starting blocks, says Ferial Haffajee.

China bought gold for the 8th straight month — and it's just the latest sign the nation is in the trade war for the long haul

2019-08-08 14:29

The country's gold reserves now hold about 1,945 tons of the precious metal — worth about $93.4 billion at current prices.

WATCH: Armed robbers in Mexico steal $2.5m in gold coins

2019-08-07 22:30

Armed robbers have broken into a Mexican government coin manufacturer and filled a backpack with more than $2m worth of gold coins from a vault.

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