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