Everything you need to know about the #BRICS2018 Summit in SA

2018-07-23 06:55

The 10th annual Brics Leaders’ Summit will take place in Sandton, Johannesburg. Here's what you need to know about it.

African economies to grow by 4.1% in 2018 – report

2018-07-17 19:13

African economies will grow by 4.1% in 2018, but trade reforms are needed, according to the African Export-Import Bank's Africa Trade Report 2018.

US retail sales advance for fifth month

2018-07-16 15:14

US retail sales have risen for a fifth month in June and figures from May were revised upward amid gains at auto dealers and nonstore vendors.

Brace for more pain: Price increases push poor to cut back on food purchases

2018-07-15 06:01

Increases in VAT, and the prices of petrol and electricity, will push poor households to cut back even more on their food purchases, writes Sizwe Sama Yende.

Why SA’s small-cap stocks are back in favour

2018-07-12 10:41

In a world where everyone is always favouring the Top 40, it might be time to look for value in smaller companies. Experts weigh in on the potential of SA small-caps.

US producer prices rise from year ago by most since 2011

2018-07-11 15:06

US wholesale prices have risen in the 12 months ended in June by the most since November 2011 as the costs of services accelerated.

Brexit resignations create new uncertainty for UK business

2018-07-09 12:03

Just as Prime Minister Theresa May softened her plan for leaving the European Union the resignation of the UK’s top Brexit officials creates new uncertainty for business.

US payrolls rise 213 000, wage gains slow and unemployment rises

2018-07-06 15:32

US hiring has topped forecasts in June while unemployment rose from an 18-year low and wage gains unexpectedly slowed.

US industries fear worst is yet to come from Trump tariffs

2018-07-06 14:00

US companies for months have bemoaned the tariffs on Chinese imports that will take effect. Now they fear the worst is yet to come in an escalating confrontation with Beijing.

The struggle to escape poverty as commuters hit by taxi fare hike

2018-07-05 06:17

Vincent Madlopha, who spends R820 per week getting to and from work in Durban, says he no longer sends money to his mother in Mpumalanga because of the hefty taxi fares.

 

Higher fuel prices help push June CPI to 4.6%

2018-07-18 11:54

Fuel prices have been steadily increasing since April due to a combination of higher global oil prices, higher fuel taxes and a weakening rand.

IMF: Nigeria, South Africa set to boost sub-Saharan Africa’s economy

2018-07-16 20:00

The IMF has revised the growth rate of sub-Saharan Africa’s economy to 3.8% for 2019, up from April’s growth projection of 3.7%.

High food prices and VAT causing Cyril Ramaphosa to feel the pressure

2018-07-15 10:04

Legislative limitations are proving a difficulty in coming up with workable solutions to mitigate the tough economic situation.

'I am not weak,' says Cyril Ramaphosa after signing $20bn in deals

2018-07-15 06:00

The president is unruffled in the face of accusations that he’s taking too long to root out corruption and bowing to pressure from King Zwelithini on land.

China says it won't give in to US 'blackmail' on trade tariffs

2018-07-11 22:33

China has fired back at President Donald Trump’s latest tariff escalation, saying it won’t yield to “blackmail.”

UK politics is the wild card for BoE's August rate hikes

2018-07-11 10:14

Political turmoil fanned by Brexit may be the last hurdle for a Bank of England interest-rate increase in August.

US trade deficit narrows to smallest since 2016

2018-07-06 16:00

The US trade deficit has narrowed in May to its smallest since October 2016 on a jump in exports of soybeans and aircraft amid the threat of retaliatory tariffs.

BoE sees reversal of decade-long slump in UK productivity

2018-07-06 14:27

Increasing investment by firms in technology means the UK’s abysmal productivity growth should soon start to recover, according to a Bank of England staff blog.

Honour Madiba with your time and money, Cabinet urges

2018-07-05 16:42

Cabinet has urged South Africans to honour former president Nelson Mandela by choosing to purchase local goods and services.

UK services growth unexpectedly jumps as economy gathers pace

2018-07-04 12:00

The UK’s dominant services sector have grown at the fastest pace in eight months in June, driving a bounce back in the economy.

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