September 25, 2017

FIN 24 – Economy

FIN 24 – Economy

News from across the globe, including equities, currencies, commodities and bonds.

FIN 24, South Africa’s premier site for up-to-date business and finance news, stock market data, economic analysis, personal finance and investment information.

’s breaking news wire service brings you the latest South African, African and international news reports and press updates from newsrooms across the country.


Futuregrowth Asset Management says Water and Sanitation Minister Nomvula Mokonyane's flouting of the Public Finance Management Act could put funding for the water supply of 6 million consumers at risk.
Posted: September 25, 2017, 1:45 pm
Cash shortages and currency uncertainties have taken a turn for the worse in Zimbabwe, as a combination of unfavourable elements and panicking individuals have seen grocery prices skyrocket.
Posted: September 25, 2017, 10:59 am
Debt and corruption scandals at Eskom make the power utility the biggest risk to the SA economy, says the Goldman Sachs Group.
Posted: September 25, 2017, 10:00 am
There is a sense among consumers that SA's so-called perfect storm has started, according to the latest Momentum Consumer Financial Vulnerability Index.
Posted: September 25, 2017, 9:04 am
Finance Malusi Gigaba says reports that Treasury wants to use R100bn of the funds in the Public Investment Corporation to bail out failing state-owned enterprises are "malicious and unconstructive".
Posted: September 25, 2017, 8:25 am
There’s a fair bit of data coming out this week despite it being a shortened week, according to Mamello Matikinca, FNB senior economist.
Posted: September 25, 2017, 4:00 am
Every day work is done to improve the investment climate so that SA can get much-needed investments by local and foreign investors, says President Jacob Zuma.
Posted: September 24, 2017, 4:46 pm
The African Refiners & Distributors Association held a clean fuels workshop in Togo recently on the challenges and solutions for clean fuels on the continent.
Posted: September 24, 2017, 2:56 pm
The Gupta family businesses’ new network of “pay agents” consists of three shelf companies that have been activated in the past few months.
Posted: September 24, 2017, 7:46 am
Former finance minister Trevor Manuel speaks out against underperforming state agencies and urges reform.
Posted: September 24, 2017, 7:26 am
Investment strikes, cash hoarding, financialisation... what is South African capital really up to?
Posted: September 24, 2017, 7:11 am
The tough economic climate in SA seems to have made the labour force more realistic in its demands and speeded up its willingness to settle, says a labour expert.
Posted: September 23, 2017, 11:00 am
Investors are taking decisions in an arena of growing complexity, says former finance minister Trevor Manuel who identifies five trends that will shape the future.
Posted: September 23, 2017, 7:00 am
SARS legal expert Vlok Symington, who was allegedly held hostage by the Hawks, was not charged by his employer for making disclosures, says a court.
Posted: September 23, 2017, 5:00 am
KPMG International has announced a new independent investigation into KPMG SA’s work for the Gupta family and its role in authoring the controversial SARS ‘rogue unit’ report.
Posted: September 22, 2017, 7:04 pm
Public Enterprises Minister Lynne Brown on Friday evening provided more info about what actions she was taking against the power utility.
Posted: September 22, 2017, 6:31 pm
National Treasury is pressuring the Public Investment Corporation to provide as much as R100bn to fund struggling state-owned enterprises, according to two people with knowledge of the situation.
Posted: September 22, 2017, 6:02 pm
The EFF has added its voice to that of other bodies to call for vigilance in preventing workers' pension funds managed by the PIC from being used to bail out struggling SOEs.
Posted: September 22, 2017, 4:04 pm
DA leader Mmusi Maimane will write to the Serious Fraud Office in London to request an investigation into McKinsey’s dealings in terms of the UK’s Bribery Act.
Posted: September 22, 2017, 2:12 pm

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