SA govt seeks to reopen costly renewables deals to help Eskom
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[WATCH] President Ramaphosa in conversation with Xolani Gwala
Radio 702 host Xolani Gwala has an exclusive interview with President Cyril Ramaphosa to discuss the issues he has faced since taking up office this year.
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Stats SA: Gross earnings in non-agricultural sectors increase by 4.2%
Stats SA says the increase in gross earnings comes with an increase in jobs in six sectors, including the community and business services, as well as mining.
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[OPINION] Ramaphosa is missing an economic policy. What needs to be in it
South Africa has dug itself into a deep hole. Ramaphosa’s efforts to root out corruption are a good – but not sufficient – first step to getting the economy onto a sound footing.
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[LISTEN] South Africans most negative people in world, survey finds. Here's why
Professor Sagie Narsiah from the University of KwaZulu-Natal’s sociology department says our experience of everyday life is why South Africans have a negative outlook.
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Treasury to implement measures to regain SA's investment status
Ratings agency Fitch has affirmed South Africa's long-term foreign and local currency debt ratings at BB+ with a stable outlook. The ratings, therefore, remain below investment grade.
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Load shedding must not affect SA's economic growth - Gordhan
Public Enterprises Minister Pravin Gordhan says there are enough strong personnel to turn around the situation at the parastatal.
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Treasury focuses on regaining SA's investment grade status
Fitch Ratings has affirmed South Africa’s long-term foreign and local currency debt ratings at BB+ with a stable outlook.
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Fitch affirms SA’s rating at BB+ with stable outlook
It’s the third major agency to keep its rating unchanged with Fitch and S&P Global keeping South Africa at sub-investment grade.
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[OPINION] Why under valuing families is a problem for South Africa’s economy
Importantly, low-income countries that have moved to middle-income status have done so mainly by investing in human capital, particularly, health, education and infrastructure.
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South Africans warned to spend wisely in wake of fuel price drop, Q3 growth
Stats SA on Tuesday announced a 2.2% increase in the third quarter Gross Domestic Product.
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#RandReport: Rand gives up earlier gains, stocks firm
Stocks were firm but pared some of Monday’s gains following the trade war truce between the US and China as investors awaited detail.
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#RandReport: Rand and stocks on the back foot ahead of G20 summit
The rand was trading at 13.7725 per dollar by 1503 GMT, 0.84% weaker than its New York close of 13.6575.
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#RandReport: Rand lifted by dovish Fed comments, stocks fall
At 1453 GMT, the rand was trading at 13.6250 per dollar, 1.16% firmer than its New York close of 13.7850.
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SA Reserve Bank expects volatile rand in 2019
Daniel Mminele said the bank expected the rand to average 14.50 against the dollar but trade would be volatile, forcing the monetary policy committee to remain flexible in its responses.
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#RandReport: Rand weakens on risk aversion; stocks rise
At 1500 GMT the rand traded at 13.9675 per dollar, 0.4% weaker than its New York close of 13.9125.
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South African consumer confidence falls sharply - survey
The consumer confidence index, sponsored by First National Bank (FNB) and compiled by the Bureau for Economic Research, fell to +7 from +22 in the previous quarter.
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#RandReport: Rand rand, stocks slide as trade tensions weigh
At 1545 GMT the rand traded at 13.9500 per dollar, 0.25% weaker than its New York close of 13.9150.
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#RandReport: Rand retreats from 3-month high, stocks fall
Stocks fell led by bourse heavyweight Naspers coming under pressure.
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Economists warn that rates hiking cycle may not be over yet
With South Africans forced to tighten their belts further due to a 25 basis point increase in the repo rate, it's been emphasised that there is still good financial news for consumers this festive season.
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[ALERT] Reserve Bank raises repo rate 25 basis points to 6.75%
The repo rate has been at 6.5% since March this year when it was cut by 25 basis points.
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Gordhan: Nhlanhla Nene’s axing damaged SA's economy
Nhlanhla Nene was fired as Finance Minister in December 2015 in a move that sent the rand crashing and created fears that the economy could be downgraded to junk status.
