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Experts label Mboweni’s Budget speech ‘too optimistic’
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Lawyer seeks to ditch Vicki Momberg
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Mashudu Masutha
News Feed
CPI falls to 4% in January from 4.5%
Statistics South Africa says headline consumer inflation fell to 4% year on year in January from 4.5% in the previous month.
Q4 unemployment rate drops slightly to 27.1%
The data, released by Stats SA on Tuesday, showed that the unemployment figured decreased from 27.5% in the third quarter of 2018 to 27.1% in the fourth quarter.
Unemployment rate expected to decrease for Q4 of 2018
In the third quarter, the unemployment rate increased to 27.5% with 6.2 million people without work.
SA’s Corruption Perception Index remains unchanged
South Africa maintained its score of 43 out of 100 in the Corruption Perceptions Index for 2018, while Somalia has remained at the bottom with a score of 10 points.
Consumer inflation increases to 5.2% in November
Core inflation, which excludes the prices of food, non-alcoholic beverages, petrol and energy, was at 4.4% in November up from 4.2% in October.
[WATCH] MPC in a tight spot ahead of rates announcement
EWN business journalist Mashudu Masutha explains all you need to know about the South African Reserve Bank's interest rate announcement on 22 November 2018.
[ALERT] SA October headline CPI at 5.1% y/y vs 4.9% in September
Stats SA has announced inflation numbers for October.
Stats SA to reveal September retail sales figures
Nedbank economist Johannes Khoza says retail sales growth will show a dip in September but should still make a positive contribution to third quarter GDP.
Moody’s unlikely to downgrade SA’s credit rating, say analysts
Moody’s is the last of the three major agencies after Fitch and Standard & Poor’s to keep the country above junk status.
Sacci: Business confidence rises in September
The BCI increased to 93.3 from 90.5 points in August due to higher export volumes, new vehicle sales and lower inflation.
CPI increases to 4.6% in June
StatsSA says that consumer inflation has increased to 4.6% in June from 4.4% in May due to a hike in housing, utilities and transport costs.
Changing face: Absa reveals new identity
Absa says it wants to claim its African identity by changing its image across all its operations on the continent.
Business France attributes increased foreign investment to Macron
Business France’s Erick Fajole says the world’s perception of the country has improved since President Emmanuel Macron’s reforms.
SA unemployment rate stable at 26.7%
In its quarterly labour force survey which polls households, Statistics South Africa said there were 6.0 million people without jobs in the three months to the end of March.
Mcebisi Jonas appointed to MTN board
Jonas’ appointment as independent non-executive director at MTN will commence on 1 June.
Rand strengthens slightly, continues to trade at 5-month low
Rand Merchant Bank’s Jan Sluis-Cremer says expectation of higher interest rates in the US fuelled the dollar strength.
Economists expect interest rate cut
The central bank last cut rates in July 2017, highlighting an improving inflation outlook, but warning of a slowdown in economic growth.
Rand steady ahead of ANC NEC briefing
It’s currently trading at R11.94 to the US dollar, R16.54 to the euro and R14.71 against the pound.
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