Business News

HSBC’s new PMI index shows growth in SA

(7 November 2013)

HSBC has launched South Africa’s first purchasing managers index that looks at the whole economy, and it revealed the country is growing. HSBC on Tuesday launched South Africa’s first purchasing managers index (PMI) that looks at the whole economy, including […]

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Focus on inclusive growt – Gordhan

(4 November 2013)

South Africa needs to focus on inclusive growth, Finance Minister Pravin Gordhan said on Monday. The starting point for inclusivity was education, he said at the Nelson Mandela Foundation in Houghton, Johannesburg. “Government has… done extremely well to widen access […]

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Economic week ahead: SA’s mining, manufacturing updates

(4 November 2013)

Markets will be on the lookout for mining and manufacturing updates from SA this week, along with the latest trade data from China. Economists and investors will pay close attention to a series of central bank meetings this week. Officials […]

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Give youth wage subsidy a chance

(1 November 2013)

A subsidy won’t cost older workers their jobs, but will create new posts at a relatively low cost. A wage subsidy for young people is now in a Bill before Parliament. The idea was first proposed in 2010 and has […]

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Economic week ahead: SA’s chock-a-block week of data

(28 October 2013)

From SA updating on inflation, trade and employment to the US continuing to catch-up on economic releases, here’s what to look out for this week. Over the coming days South Africa will update on inflation, trade and employment. Central banks in […]

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SA is working hard to create employment opportunities

(25 October 2013)

Pravin Gordhan under pressure to send out the right message. Finance Minister Pravin Gordhan was under pressure to send the right message out to rating agencies and investors that he was on track to promote growth and employment. This week’s […]

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Gordhan’s mid-term budget speech fulfils prophecies

(23 October 2013)

During his medium-term budget policy speech Finance Minister Pravin Gordhan kept the rhetoric upbeat and SA’s purse strings tight, as expected. Finance Minister Pravin Gordhan’s medium-term budget policy speech delivered in Parliament on Wednesday was the fulfilment of a general prophecy: […]

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What can we expect from Gordhan’s mid-term budget review?

(23 October 2013)

From saving money in an election year to e-tolls and the NDP, Finance Minister Pravin Gordhan’s mid-term budget review might be a juggling act. While presenting his mid-term budget review, Finance Minister Pravin Gordhan will have to perform a difficult balancing […]

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Economic week ahead: Gordhan’s mid-term budget statement

(21 October 2013)

Finance Minister Pravin Gordhan’s budget statement, in which growth and fiscal projections will be updated, is the big item on the economic calendar. Finance Minister Pravin Gordhan’s mid-term budget statement is the big item on South Africa’s economic calendar this week. […]

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