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Sa economy
Unemployment, climate change adding to SA's economic risks, says IRM
While the risks are known, the response to it has been poor, the Institute of Risk Management South Africa said.
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New Nedlac director to focus on strengthening social partner relationships
Nedlac is the country’s apex social dialogue structure where government, business, labour, and community organisations consider socio-economic and labour policy and legislation.
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Ramaphosa calls for extraordinary action to jump-start SA economy
The president said extraordinary action was needed to deal with the country’s economic problems.
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Cosatu slams Mboweni for proposing referendum on bailing out SOEs
This after Finance Minister Tito Mboweni took to Twitter at the weekend and said that in a proper democracy there would be a public debate that would lead to the referendum taking place.
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Sovereign wealth fund & state bank coming, Ramaphosa reveals in Sona
President Cyril Ramaphosa said more details on these plans and steps to fix the country’s precarious public finances would be announced by Finance Minister Tito Mboweni when he delivered his Budget Speech in two weeks’ time.
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Load shedding has severely affected efforts to rebuild economy - Ramaphosa
‘Every time it occurs [load shedding], it disrupts people’s lives, causing frustration, inconvenience, hardship.’
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Ramaphosa: We must make SA work for young people, so they can work for SA
President Cyril Ramaphosa focused much of his State of the Nation Address on youth unemployment, saying it was the biggest problem the country faced.
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Time for new approach to dealing with SA's problems - Ramaphosa
In his fourth State of the Nation Address on Thursday night, he acknowleged that his government had not done enough to address the nation's economic challenges and mitigate the effects of devestating power cuts.
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'This year, we fix fundamentals': Ramaphosa's Sona puts economy, growth at fore
The president defended his consensus-building approach, saying that forging compacts were no sign of weakness but rather, the building blocks to deal with the country’s social and economic woes.
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Two years on, 'Ramaphoria' is fading
Cyril Ramaphosa, 67, has been praised for turning the page on the scandal-tainted era of his predecessor, Jacob Zuma. But many South Africans are frustrated, disenchanted or angry that his rhetoric of a 'new dawn' has fallen so far short.
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Ramaphosa's State of the Nation Address must give ‘realistic hope’, say analysts
Eyewitness News canvassed a range of political analysts for their views on President Cyril Ramaphosa’s fourth State of the Nation Address.
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Rand falls after dismal data, stocks rise
At 1530 GMT, the rand was 0.3% weaker at 14.8700 per dollar, retreating after sailing to a session best of 14.7320.
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Solidarity welcomes Harmony Gold’s acquisition of AngloGold Ashanti’s assets
The R118 billion gold producer picked Harmony Gold as the buyer for its last remaining South African operations.
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AngloGold Ashanti to sell SA assets to Harmony Gold for about $300m
The gold miner said in May it will review divestment options for its South African assets, which include the world’s deepest mine, as it looks to streamline its portfolio and focus on assets that deliver higher returns.
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SA's high unemployment rate a result of uncertain economy - economist
Stats SA announced on Tuesday that South Africa's unemployment rate remained at 29.1% - the highest it has been since 2008.
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Private sector hardest hit by strikes in 2018, industrial action report finds
Over the past five years strikes over wages, bonuses and other benefits have skyrocketed in the country.
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Ramaphosa: Germany deepening contribution to job growth in SA
President Cyril Ramaphosa is hosting German Chancellor Angela Merkel at the Union Buildings in Pretoria for her official visit.
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JUDITH FEBRUARY: Ramaphosa’s Sona needs a huge dose of honesty
In an ideal world, the president's State of the Nation Address would lay out the grim news with an honest rendering on the economy and why it is in the state that it is in, writes Judith February.
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Rand firms following slide on virus fears
The stock market closed lower, in line with weakness in global stocks, amid fears the coronavirus epidemic would hit Chinese demand.
