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US consumer sentiment holding near post-election highs reflects an improved outlook on wages and indicates spending is poised to rebound, data shows.
Posted: May 26, 2017, 2:30 pm
Finance Minister Malusi Gigaba has been placed at the centre of efforts by President Jacob Zuma and his allies to raid state assets and reap billions from government contracts, in a study by leading academics.
Posted: May 26, 2017, 1:39 pm
A second straight month of stagnant orders for business equipment indicates investment in capital goods could slow, Commerce Department data shows.
Posted: May 26, 2017, 12:41 pm
Finance Minister Malusi Gigaba has told Parliament that he has not signed a nuclear deal with Russia.
Posted: May 26, 2017, 11:39 am
Donald Trump’s top economic adviser has acknowledged that the president said Germany is 'very bad' when it comes to flooding the US with autos.
Posted: May 26, 2017, 11:29 am
Eskom, which has about R350bn of debt financing and net debt of around R320bn, is expected to borrow about R50bn gross per year going forward, says an analyst.
Posted: May 26, 2017, 10:08 am
More UK millennials have tried to register to vote ahead of the June general election than before the Brexit referendum, a boost to Jeremy Corbyn’s opposition Labour Party.
Posted: May 26, 2017, 8:58 am
The holding of the repo rate at 7% by SARB brings relief to the real estate industry and allows potential buyers and current bond holders to plan with more certainty, says an insider.
Posted: May 26, 2017, 7:38 am
Twitter users were not impressed by former acting Eskom CEO Matshela Koko’s tweet that asked users who remembered a story that saw Ivan Pillay rehired at SARS after his retirement.
Posted: May 26, 2017, 5:09 am
Economic Development Minister Ebrahim Patel announced that government will look to create opportunities for workers to participate as shareholders in companies.
Posted: May 26, 2017, 4:00 am
SA’s Competition Act will undergo radical changes so that competition authorities can act against companies who perpetuate skewed ownership structures.
Posted: May 25, 2017, 7:12 pm
Eskom says it feels vindicated after a court has dismissed applications by AfriForum and other businesses over the power utility’s scheduled electricity interruption.
Posted: May 25, 2017, 6:29 pm
SARB governor Lesetja Kganyago says economic growth projections have been revised down due to political tensions which have sparked growth risks.
Posted: May 25, 2017, 5:51 pm
SA Reserve Bank governor Lesetja Kganyago has announced the repo rate stays unchanged at 7%.
Posted: May 25, 2017, 4:45 pm
Deputy Minister of Public Enterprises Ben Martins has spoken out about allegations of the Guptas' involvement at state-owned enterprises and the dilemma of Brian Molefe's return as CEO at Eskom.
Posted: May 25, 2017, 3:21 pm
Recent shenanigans at Eskom demonstrate that public resources are being wasted and people are being left in the cold, says former president Kgalema Motlanthe.
Posted: May 25, 2017, 1:53 pm
US jobless-benefit claims are hovering near levels that continue to reflect a strong labour market, with figures little changed.
Posted: May 25, 2017, 1:35 pm
The MPC has decided to keep the repurchase rate unchanged at 7% per annum, SARB Governor Lesetja Kganyago has announced.
Posted: May 25, 2017, 1:29 pm
"I am a loyal member of the ANC and I subject myself to the wisdom of the party leadership." This is how Public Enterprises Minister Lynne Brown responded to a request for comment.
Posted: May 25, 2017, 12:59 pm
Gambian officials are holding talks with Chinese and Norwegian investors on infrastructure projects to drive economic growth in the West African nation.
Posted: May 25, 2017, 10:25 am