Business News

Amcu workers: We’re striking until we get what we want

(27 March 2014)

While mining firms complain of losses, Amcu says it will continue to strike until it gets a deal that includes a way towards its demand of R12 500. Association of Mineworkers and Construction Union (Amcu) workers were still talking tough […]

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No end in sight for Amcu platinum strike

(24 March 2014)

Amplats is just the first of the three major producers Amcu expects a response from after delivering a list of mineworkers’ grievances. The world’s largest platinum miner will respond to its labourer’s memorandum of grievances on Monday, but the end […]

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Economic week ahead: SA waits on latest rates decision amid Ukraine tension

(24 March 2014)

Rates decisions from Africa’s two largest economies, developments in Ukraine and key US, European and Asian reports are likely to move markets. Central bank decisions in South Africa and Nigeria, key economic reports in the US, Europe and Asia and […]

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Better times for big four banks

(17 March 2014)

The economy is more resilient than generally thought if the “big four” are anything to go by. South Africa’s big four banks are in the best shape they have been in years – despite an emerging market crisis and an […]

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Economic week ahead: SA waits for mining production output

(10 March 2014)

From Stats SA releasing mining and manufacturing data to decisions on India’s latest inflation figures, here’s what to look out for this week. Barring a flare up on the Crimean Peninsula, this week is likely to be comparatively quiet on […]

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Budget: We have heard your pleas, says Gordhan

(26 February 2014)

Finance Minister Pravin Gordhan’s final Budget speech before elections in May is a masterplan to please the masses. On the eve of an election in the historically significant 20th year of South African democracy, Finance Minister Pravin Gordhan sang a […]

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Economic week ahead: Markets eye Gordhan’s budget speech

(24 February 2014)

This week, SA’s finance minister will give his budget address while the US Federal Reserve chief is set to resume her testimony on monetary policy. Finance Minister Pravin Gordhan’s budget address and South Africa’s latest growth figures are the big items […]

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Economic week ahead: SA inflation update

(17 February 2014)

After the country’s annual inflation rate rose to 5.4% in December, the next big item on SA’s data calendar would be this week’s CPI report. South Africa’s latest inflation data, and a rates decision from the Bank of Namibia are […]

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Taxing times ahead for Gordhan

(7 February 2014)

Slow growth, a rising deficit — and an election — leave the finance minister little room to manoeuvre. The situation is likely to get tougher for consumers in the immediate future, economists warn, with tax increases being seen as one […]

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