Economists cautiously optimistic about Ramaphosa’s recovery plan
The plan includes a revised Mining Charter, changes to visas, a R400 billion infrastructure fund and other measures to boost growth.
Kganyago: Reserve Bank closely monitoring the rand
The volatile rand and possible rising inflation have been highlighted as just two factors that could see the Reserve Bank raise the repo rate in the near future.
Govt facing tough task to dig SA out of recession, say economists
Stats South Africa revealed on Tuesday that GDP figures for the second quarter of the year showed a contraction of 0,7%.
Investors await policy package plan to save Argentine peso
The rand and the other currencies have lost significant ground lately due to a number of factors.
Shivambu to appear in court on speeding charge
Floyd Shivambu was arrested on Sunday morning on the N1 after he was allegedly clocked driving 182 kilometres per hour in a 120 km zone.
Rand drops to its lowest since November
The rand hit around 14.10 to the dollar yesterday.
Ramaphosa to host China's Xi Jinping for bilateral talks
Xi Jinping landed in the country on Monday night ahead of the much-anticipated 10th BRICS summit in Sandton which several heads of state are expected to attend.
Sarb's revised growth figure a surprise for some economists
Reserve Bank Governor Lesetja Kganyago announced on Thursday that growth had been revised downwards to 1.2% from 1.7%.
Kganyago: Sarb won’t hesitate to increase repo rate
Lesetja Kganyago says inflation has continued to increase and the bank needs to keep the figure within the target range of between 3% to 6%.
Economists expect interest rate to remain unchanged
Consumers are already facing a substantial rise in the cost of living with rising fuel prices and increased VAT and bondholders are worried about further financial pressure.
Numsa blames Eskom’s financial woes on IPPs, bloated top management
Eskom has revised its offer to 6.2% for this year and 6% for the next two years or inflation-based if higher.
Will unions accept Eskom's revised 6.2% wage offer?
Wage talks reconvened on Thursday morning between Eskom, Numsa, the National Union of Mineworkers and Solidarity. The labour unions have been demanding a 9% hike.
Moody's upgrades Gold Fields to investment grade
It’s a boost for the mining industry, which has been hit by a weakening gold price.
Eskom wage talks on hold as board to discuss unions' offer
The National Union of Mineworkers, National Union of Metalworkers’ Union (Numsa) and Solidarity met with Eskom on Thursday after presenting a 9% counter proposal.
Unions await Eskom response to wage counter offer
The unions rejected Eskom's 4.7% offer but didn't give details of their proposal, saying that the situation is delicate.
Liberty 'closing security vulnerabilities' after system hacked
Liberty says specialist teams immediately began investigating the incident and the relevant authorities were also alerted.
Signs show SA economy is growing - Treasury
Treasury says it believes changes in political leadership have led to a significant improvement in economic confidence and government is prioritising inclusive growth.
Basil Read files for business rescue after cash flow problems
Reuters is reporting that Basil Read’s construction division has been experiencing cash flow difficulties for some time.