Fiscus ‘high risk’ to SA’s financial stability – SARB

2017-11-09 21:30

South Africa's deteriorating fiscal position has been identified as a high risk to the country's financial stability, according to the SA Reserve Bank in its latest semi-annual Financial Stability Review.

Lack of spending cuts implies new, more taxes

2015-02-24 18:19

Since no firm proposals for cutting spending have been tabled, it implies that new and additional taxes would be raised, warns an expert.

Obama: more tax revenue needed

2013-02-04 10:56

More tax revenue would be needed in the coming years to reduce the US deficit but raising tax rates was not a key issue, says President Barack Obama.

US consumer sentiment hits record low

2013-01-18 18:46

US consumer sentiment has unexpectedly dropped to its lowest in over a year in January, with many consumers citing the fiscal cliff as a reason, a survey shows.

US not a bargaining chip - Obama

2013-01-14 20:11

Failure to raise the debt limit could "blow up the economy" and bitter debates are hurting the US recovery from the Great Recession, says Barack Obama.

US jobs ease on fiscal cliff angst

2013-01-04 16:04

Despite concern over the economy slipping into a recession, financial conditions have remained supportive of job growth in December albeit at a slower pace.

Job market grows despite fiscal crisis

2013-01-03 16:14

Private-sector employers added more new jobs than expected in December helping the job market end 2012 on a high note, a report shows.

Gold shines on US budget deal

2013-01-02 18:49

Gold has risen over 1% after the US Congress passed a bill fending off huge tax hikes and spending cuts that threatened to jeopardise economic growth.

Oil markets enter 2013 on high note

2013-01-02 15:52

Oil markets opened with a positive start as traders responded positively to the US "fiscal cliff" deal

US consumer confidence falls sharply

2012-12-27 17:58

US consumer confidence fell sharply in December to the lowest level since August amid uncertainty about the fiscal cliff crisis.


Gordhan confident of meeting fiscal targets

2016-05-04 12:12

Finance Minister Pravin Gordhan says he was confident of meeting fiscal targets for 2016, but that stronger economic growth remained a challenge.

SA rapidly approaching fiscal cliff - expert

2015-02-03 20:25

The fiscal cliff is rapidly approaching for the SA government and the only way it can get out of this would be through policy reform, warns an expert.

US house set to vote on debt limit

2013-01-21 19:05

Republicans say the US House of Representatives will take a vote on raising the nation's debt limit, a move designed to prevent a first-ever government default.

US could lose gold-chip rating

2013-01-15 16:28

The United States could lose its top credit rating if there is a delay in raising the country's debt ceiling, warns ratings agency Fitch.

Obama warns Congress of economic chaos

2013-01-14 19:16

A refusal to raise the US debt ceiling would be like a self-inflicted wound on the economy, says President Barack Obama.

US jobless claims rise

2013-01-03 16:32

The number of new claims for unemployment benefits rose last week, but the data continues to be too distorted by the Christmas and New Year holidays.

Bigger fights loom after fiscal deal

2013-01-02 19:31

The United States is set to hold another round of budget talks to discuss further thorny fiscal issues after narrowly averting tax hikes and spending cuts.

Oil nears $113 as US averts crisis

2013-01-02 18:32

Brent crude has hit an 11-week high after the US approved a deal to avert a fiscal crisis, while data from top energy consumer China also supported prices.

US averts fiscal cliff

2013-01-02 09:28

A weary Congress sent President Barack Obama legislation to avoid the fiscal cliff of tax hikes and spending cuts hours before markets reopen after the New Year.

US poised to go off fiscal cliff

2012-12-27 17:49

A senior senator has criticised Republicans for refusing to back tax increases as part of a fiscal remedy as he sketched a pessimistic outlook for the economy.

Traffic Alerts
There are new stories on the homepage. Click here to see them.


Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.

Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire network.


Location Settings

News24 allows you to edit the display of certain components based on a location. If you wish to personalise the page based on your preferences, please select a location for each component and click "Submit" in order for the changes to take affect.

Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.