SA may find partners for $1 billion South Sudan oil block

36 minutes ago

South Africa’s Strategic Fuel Fund is welcome to bring in partners to help it execute a $1bn agreement to drill for oil and build a refinery and pipeline in South Sudan, the central African nation’s oil minister said.

Markets WRAP: Rand closes at R14.4236/$

2019-05-20 08:39

US equity futures dropped alongside stocks in Europe as the fallout of White House moves against Chinese telco giant Huawei rippled through the technology industry.

Mboweni to Zille: My sister please don't tweet today

2019-05-18 12:21

Finance Minister Tito Mboweni had some advice to outgoing premier of the Western Cape Helen Zille in the ongoing Twitter storm about her "black privilege" view.

Ramaphosa's 3 key post-election investor issues

2019-05-16 16:06

With the election process completed, investors' focus will now shift to President Cyril Ramaphosa's ability and political will in addressing issues of concern, says the chief economist at Citadel.

Markets WRAP: Rand closes at R14.23/$

2019-05-16 08:15

TreasuryONE said earlier that the news that US President Donald Trump would delay auto tariffs boosted markets.

Cautious trade conditions in SA remain - index

2019-05-15 11:38

Political activity and anxiety ahead of the national election on May 8, coupled with the effects of public holidays, slightly depressed trade conditions in April, according to a survey.

Shale gas ultimately part of SA energy plan - Radebe

2019-05-14 11:52

At the same time, he added, the fact that SA has an abundance of coal reserves cannot be ignored, especially since the price of coal remains relatively low.

Business' wish list for Ramaphosa: End corruption, load shedding

2019-05-14 09:09

Two independent surveys show what the local and international business sector would like to see from President Cyril Ramaphosa and his new Cabinet..

Economists predict slight increase in unemployment rate

2019-05-14 05:30

The country's unemployment rate was 27.1% at the end of the fourth quarter of 2018.

Ramaphosa's big task: Name a lean Cabinet without worsening ANC divisions

2019-05-13 06:30

The pressure is on President Cyril Ramaphosa to unveil a downsized Cabinet, possibly of around 30 ministries, to signal that government is serious about cutting spending.


Markets LIVE: Oil climbs as OPEC signal on output curbs overshadows trade risk

2019-05-21 08:40

Oil rose for a second day on signs OPEC and its allies will extend production cuts beyond June, while a steadily deteriorating US-China trade relationship kept prices from pushing higher.

Investors want to be sure lights will stay on in SA - economist

2019-05-18 15:46

Market participants are acutely aware of the apparent fissures within the ANC, which may disrupt attempts at reform, says an economist at Sanlam Investments.

Markets WRAP: Rand closes at R14.40/$

2019-05-17 08:46

The day's range was between R14.28 and R14.41.

SA breaks jinx as bonds dodge emerging-market losses

2019-05-16 16:04

It will take more than a bit of trade tension to derail South Africa’s bonds.

April economic activity shows highest rebound since 2014 – BankservAfrica

2019-05-15 14:44

'April’s BETI figure is a major change in direction and indicates that after the dismal first quarter of 2019, the economy is making great strides into positive territory," says economist Mike Schüssler.

Ramaphosa's policy unit a good sign to investors – Black Business Council

2019-05-14 18:00

President Cyril Ramaphosa has reinstated a policy and research services unit, a move which has been welcomed by the Black Business Council.

Unemployment rate rises to 27.6%, nears 15-year high

2019-05-14 11:36

South Africa's unemployment rate increased to 27.6% in the first quarter of 2019, Stats SA announced on Tuesday morning.

Markets WRAP: The rand closes at R14.22/$

2019-05-14 08:19

TreasuryONE said earlier the rand was likely to remain in the R14.15/R14.45 range ahead of the announcement of the country's new cabinet.

Markets WRAP: Rand closes at R14.31/$

2019-05-13 07:50

Analysts said earlier that the rand was likely to take its cue from the ongoing US-China trade war, which further intensified after China retaliated and imposed additional tariffs on some American goods.

SA's dream of a vibrant economy hinges on Ramaphosa

2019-05-12 21:01

Although President Cyril Ramaphosa is expected to push through reforms to transform South Africa's hobbling economy into a vibrant and inclusive one, it will take some time to be implemented, note industry analysts.

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