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The Department of Mineral Resources and Energy announced the increase to the fuel prices for this month. Picture: Pixabay

South african economy

Even if govt amends fuel levy, the impact won’t be sufficient - economist

By Keamogetswe Mosepele

Ray White speaks to Dr Azar Jammine, the director and chief economist at Ecomometrix, on what the expected fuel price increase means for the South African...

  • © jager/123rf.com

    South Africa’s economy has taken some heavy body blows: can it recover?

    Economists are growing increasingly concerned about South Africa’s economy because the country’s three major macroeconomic problems – lacklustre economic growth, growing inflation and very high unemployment – have been exacerbated by a series of major disruptions.

    73 days ago
  • The Johannesburg skyline. Picture: Aki Anastasiou/EWN.

    SA should design economic policy based on strengths of regions: here’s how

    Policies often neglect the role of space and geography but growing evidence shows the importance of place and location for productivity, growth and development.

    177 days ago
  • Finance Minister Tito Mboweni. Picture: @TreasurySA/Twitter

    SA seeking additional R95 bln for fight against COVID-19

    The country has approached the International Monetary Fund (IMF), the World Bank, and African Development Bank to source funding that will contribute to its R500 billion rescue package.

    841 days ago
  • A man holds new South African banknotes at the value of ten, twenty, fifty, one hundred and two hundred South African Rand depicting former South African president Nelson Mandela at The South African Reserve Bank (SARB) on 13 July 2018. Picture: AFP

    Rand flat as dollar rebound blocks surge to 14 mark

    At 1500 GMT, the rand was 0.1% firmer at 14.0750 per dollar, backtracking slightly after reaching a session-strongest 14.0375 before bids stalled just shy of the 14.00 technical resistance mark seen by traders as key to moves in either direction.

    1141 days ago
  • Dr Jack.

    CARTOON: Can Sona 'fashion a fix' for SA economy?

    Dr Jack

    1154 days ago
  • Picture: Pexels.

    Rand steady as investors mull developments ahead of long weekend

    Government bonds also gained, with the yield on the benchmark 2026 bond falling 0.5 basis points to 8.385%.

    1158 days ago
  • Picture: pexels.com

    FIKILE-NTSIKELELO MOYA: There are more pressing issues than the SARB's mandate

    I am sure many South Africans who are increasingly having to make do with less would probably wish that the most pressing matter in the minds of those in charge of government was the economy.

    1160 days ago
  • Picture: EWN.

    Rand hits 1-week low as firm dollar weighs

    At 0640 GMT, the rand was 0.39% weaker at 13.6600 per dollar, its weakest since 29 January, compared with an overnight close of 13.6250 in New York.

    1284 days ago
  • FILE: A Standard & Poor's document. Picture: AFP

    S&P says unlikely to lower South Africa's ratings like Turkey

    S&P added in its report that South Africa’s external metrics were solid and that its monetary flexibility was a credit strength.

    1445 days ago
  • South African rand.  Picture: Christa Eybers/EWN

    Rand retreats ahead of US jobs data

    At 0640 GMT the rand was 0.6% weaker at R12.6625 per dollar compared to a close of R12.5875 overnight in New York.

    1564 days ago
  • Picture: Supplied.

    #RandReport: Rand falls before Fed meeting outcome, stocks rise

    At 1501 GMT, the rand was R12.7100 per dollar, 0.45% weaker than its close of on Tuesday. The currency had fallen to a session low of R12.7175/dollar.

    1566 days ago
  • Picture: EWN

    Economists: Rand weakening due to strengthening of dollar

    With the United States meeting to decide on interest rates, a number of emerging market currencies have weakened against the greenback.

    1566 days ago
  • Picture: Pixabay.com.

    #RandReport: Rand stabilises after torrid week; shares rise

    At 1525 GMT the rand was steady at 0.02% at R12.4325 per dollar, having fallen as far as R12.5325 on Wednesday, its weakest since 10 January.

    1572 days ago
  • Picture: Supplied.

    #RandReport: Rand, bonds hit hard as dollar rally continues

    At 1530 GMT the rand was down 1.1% at R12.4675 per dollar, its weakest since 10 January, after hitting a low of R12.5325 as emerging-market currencies dropped.

    1573 days ago
  • Finance Minister Nhlanhla Nene at a FEDUSA gathering in Pretoria on 4 March 2018. Picture: Ihsaan Haffejee/EWN

    Renewed commitment by govt to tackle SA’s financial woes - Nene

    Finance Minister Nhlanhla Nene is attending the 2018 spring meetings of the International Monetary Fund and world bank group in Washington DC.

    1579 days ago
  • Picture: EWN

    #RandReport: Rand strengthens, commodity gains lift stocks

    At 1500 GMT the rand was 0.42% firmer at R11.9350 against the US dollar, a touch softer than the session-best R11.9275 but its strongest in a week.

    1580 days ago
  • Picture: Supplied.

    SA's CPI falls to 7-year low as rains ease food prices

    Headline annual consumer inflation slowed to 3.8% in March from 4.0% in February, the lowest figure since January 2011, Statistics SA said.

    1580 days ago
  • Picture: Supplied.

    #RandReport: Rand falls as risk appetite wanes, stocks up

    At 1540 GMT the rand was 0.61% weaker at R12.0125 per dollar, compared to Wednesday’s close of R11.9400.

    1586 days ago
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