The latest drop in mining output is likely to again have dragged on economic growth in last year’s fourth quarter, according to analysts.
Goldman Sachs’ global markets team identified shorting SA’s rand as one of its top trades for this year.
SA could have insufficient port capacity to handle massive agricultural imports required due to the drought.
The worst drought in 20 years could knock 0. 5 percent off South Africa’s GDP this year.
SA’s rand could weaken to R19 to the dollar this year, warns Nomura economist Peter Montalto.
President Jacob Zuma shocks investors by firing Finance Minister Nhlanhla Nene only a few months before the Budget.
Shares in Anglo American and two of its subsidiaries plunge after news of the company’s restructuring plan.
The government plans to use R2bn from the sale of Vodacom shares for SA’s initial capital contribution to the New Development Bank.
Treasury earmarks R200m to improve SA’s energy mix - including supporting the preparatory work for the nuclear energy build programme.
The projected gross tax revenue is down by R35bn over the three fiscal years ending February 2018, says Nhlanhla Nene.
Number of people receiving social grants will rise to 18 million by February 2019 as a result of higher life expectancy and other factors.
The Treasury is involved in a two-pronged strategy to deal with the higher education funding crisis, says Nhlanhla Nene.
The downward revision to gross domestic product, shortfalls in revenue and the weaker exchange rate have led to an upward revision of the debt-to-GDP ratio, according ...
Lonmin failed in a number of areas regarding Marikana, according to the Farlam Commission’s report.
The risk of South Africa losing its investment grade credit rating status was some way off and the country could hold this status until at least 2017 or 2018, Nomura ...
The investment in renewable energy by the private sector has climbed to R193 billion after Minister of Energy Tina Joemat-Pettersson announced 13 extra preferred ...
The opportunity to fund Africa’s infrastructure was huge and wise investors should move and get involved in financing this development, President Jacob Zuma said ...
Liberty is eyeing Francophone Africa and Portuguese-speaking countries like Angola as part of its expansion on the continent, says chief executive Thabo Dloti.
Rand Merchant Bank’s (RMB) office in Nigeria was set to expand its staff complement to 60 from 43 by the end of the year as the company grew its offering in the ...
MMI Holdings was looking to grow its contribution to its earnings from the rest of Africa to between 10 percent and 15 percent over the next few years from 5 percent ...
“South Africa is the Japan of Africa. ” That was what Standard Chartered Bank chief economist for Africa Razia Khan heard at a breakfast briefing yesterday morning ...
Business Report yesterday reported that Gijima failed to raise funds through a R100 million rights issue late last year.
Local consumers could be in for a small boost as a slight decline in the fuel price is on the cards in May.
Royal Bafokeng Platinum last week reported that its platinum group metal (PGM) production fell during its latest March quarter.
The National Treasury and the Financial Services Board (FSB) published the Insurance Laws Bill last week for public comment, the Treasury and the FSB said in a joint ...