Business News

Economic week ahead: SA’s balance sheet update

(2 December 2013)

From the release of SA’s latest current account figures to the US’s jobs report and China’s manufacturing sector, here are updates for the week ahead. Economists and investors will be on the lookout for South Africa’s latest current account figures […]

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Turkcell regroups, goes after MTN in SA after US setback

(29 November 2013)

Communications and technology company seeks justice in South Africa. A change in the jurisdiction laws of the United States saw Turkcell, the communications and technology company, drop a case of alleged bribery and corruption against MTN — only to turn […]

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Soaring Nigeria on track to overtake SA economy

(22 November 2013)

Nigeria will announce rebased gross domestic product figures next month, which could reveal it to be Africa’s largest economy. Nigeria will announce rebased gross domestic product figures next month, which could reveal it to be Africa’s largest economy — on […]

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Economic week ahead: SA retail sales, Europe’s GDP

(11 November 2013)

From China’s leaders discussing economic reform to the release of SA’s retail figures, here’s your guide to the economic week ahead. Over the coming days, South Africa will report on retail sales, the US Senate will hold confirmation hearings on […]

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The bright side of industrial action

(8 November 2013)

Labour strikes weren’t great for the mining sector in 2012, but they helped Eskom keep the lights on. Strikes in the mining ­sector and the resultant drop in production took pressure off the electricity grid, helping to avoid the feared […]

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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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