Thu Apr 27 09:11:26 SAST 2017
Manufacturing sector produces a positive surprise

Manufacturing production rose 1.9% in November from a year earlier‚ offering a glimmer of good news .

South Africa launches public debate on possible wealth tax

A committee set up to review South Africa's tax system on Tuesday launched a public debate on one of the most controversial possible moves on its agenda - a wealth tax.

Banks cut growth forecast for SA

Nedbank and Standard Bank have joined FNB in cutting their growth forecasts for SA‚ citing rising concern that business confidence and investment will not pick up.

IDC backs black industrialists to the tune of R2.3bn

Picture Credit: The Industrial Development Corporation (IDC) has granted a total of R2.3bn in the form of loans and R562m as equity financing to black industrialists‚ Economic Development Minister Ebrahim Patel said Monday.

Rand returns to levels seen before cabinet reshuffle

The rand was firmer against the dollar on Monday morning‚ breaking through the critical R13 level on a softer dollar.

'Dump BEE for pushing up inequality among blacks'

Finance Minister Malusi Gigaba's economic adviser Professor Chris Malikane believes the government should introduce a raft of changes to achieve economic transformation.

Kuga sales down but Ford stays strong in SA car market

Ford Kuga sales have tanked but the iconic US brand has held its market share on other models.

Bail application by MTN financial accountant accused of fraud postponed

Trump administration says no U.S. trading partners manipulate currency

What downgrade means

Multi-billion titanium beneficiation plant to be built in Richards Bay