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A new maturity in rand’s slide

The behaviour of the rand excites emotions in a way that other economic indica­tors…FM

Business confidence falls to 16-year low

Business confidence fell to a 16-year low in August, indicating the extent to which subdued economic growth and financial market volatility weighed on…BDLIVE

Rand falls on business outlook

South Africa's business confidence fell to its lowest level in more than 16 years due to subdued domestic economic performance and global financial market…BUSINESS REPORT

Prasa to take legal action on maladministration allegations

The Passenger Rail Agency of SA (Prasa) will suspend contracts identified, or suspected, to have been irregularly awarded and the parastatal will “engage with the relevant…BDLIVE

Household sector credit

June Household Sector Credit recorded year-on-year growth of 3,5%. Whilst this is slightly…HOUSING SA

Rand slides further on weak global sentiment

The rand slid to an eight-day low to the dollar on Wednesday as global forces continued to weigh on sentiment…SUNDAY TIMES

Moody's sees SA avoiding recession in 2015

Moody's said on Wednesday it expects South Africa to avoid sliding into a recession this year, despite signs that the economy is struggling after contracting in the second quarter this year…SUNDAY TIMES

Moody’s report shows more governments are borrowing domestically

More governments, including SA, are borrowing within their own countries and in their local currencies, thus reducing their exposure and risk to…BDLIVE

South African Airways still making a loss

South African Airways (SAA) continued to make losses in the first five months of the current financial year, chief financial officer Wolf Meyer said on…BDLIVE

SA wants more nuclear power

South Africa's future energy mix could have an even higher share of nuclear power than the planned 9 600 megawatts (MW), as it aims to cut reliance on…BUSINESS REPORT

Barclays PMI declines in August

Activity in the manufacturing sector fell in August, a key survey showed on Tuesday. The Barclays purchasing managers index…BDLIVE

Twelve things SA needs to get right

It is now three years since the National Development Plan (NDP) was launched. In that time it has been widely hailed as one of the…MONEYWEB 

South Africa's August new vehicle sales down 8.2 pct year/year

South Africa's new vehicle sales fell by 8.2 percent year-on-year to 51,055 units in August, data from the trade and industry department showed on…SHARENET

‘Big Five’ growth opportunities could lift economy

SA has captured a mere 2% of the fast-growing sub-Saharan African market for services such as construction and the financial sector…BDLIVE

Congenial labour environment boosts SA’s exports

A calm labour environment and slight improvement in global demand have boosted South African exports…BDLIVE

SA needs more welders, tradesman – McKinsey

Business and government need to make the country more employment ready through a dramatic expansion of vocational training, according to a new report from McKinsey & Company released on…MONEYWEB

Infrastructure focus can boost GDP by R260bn - report

South Africa could boost annual gross domestic product (GDP) by R260bn by 2030 through smarter infrastructure delivery, according to a McKinsey report…FIN24

Most citizens say SA already in recession - Survey
An increasing number of South Africans now think the economy has entered…BUSINESS REPORT

Unions welcome approval of mining agreement

SA’s mining industry, unions and government on Monday signed a broad plan to stem a wave of job losses triggered by falling commodity prices, labour instability and…BDLIVE

ArcelorMittal SA steel mills to close as industry crisis bites

ArcelorMittal SA on Monday became the latest casualty of plunging steel prices and slowing demand, saying it would mothball two operations and review the…BDLIVE

SA posts R400m trade deficit in July

South Africa posted a trade deficit in July as imports of vehicle and transport equipment increased, offsetting a surge in base metals exports…MONEYWEB

State fears lenders failing to inform clients of credit law

The Department of Trade and Industry is concerned that lenders have not adequately commu­nicated….BDLIVE

Jobs plan inked by miners

South Africa's mining industry, unions and the government signed a broad plan on Monday to stem a wave of job losses triggered by falling commodity prices and soaring costs…BUSINESS REPORT

ArcelorMittal to discuss closure of melt shop in Vereeniging

ArcelorMittal SA said on Monday it had "no option but to commence consultations" with stakeholders regarding the closure of its melt shop and forge at its…BDLIVE

Volatile rand causes uncertainty

South Africa’s joy at the incoming drop in the price of petrol could be short-lived as the Reserve Bank mulls over interest rates next month and food inflation is set to increase as a result of the…BUSINESS REPORT

ECONOMIC WEEK AHEAD: Small deficit expected in trade data

The South African Revenue Service is to release the country’s latest trade data on Monday amid conflicting views over the nature of the trade balance…BDLIVE

Zuma acknowledges economy is sick

President Jacob Zuma warned on Sunday that the economy was "sick" and appealed to business and labour to prioritise saving jobs over profit margins and wage hikes…BDLIVE

Platinum needs Brics, says Lonmin

Lonmin, the world’s third-largest platinum producer, said SA should push its Brics (Brazil, Russia, India, China and SA) emerging market partners to…BDLIVE

Model and cost of nuclear ‘not yet decided’

A costing study on nuclear power has been submitted to the Cabinet for a decision on the size, model and cost of new-generation infrastructure to be built by the…BDLIVE

Motor sector urged to drive local content

The South African motor industry must more than double current vehicle production volumes if it expects to ever become self-sufficient…BDLIVE

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