SA Confidence suffers as Barclays prepares to exit
Barclays Plc’s possible withdrawal from South Africa may turn out to be the economy’s biggest no-confidence vote at a time of financial-market turmoil and...
Read Full SA 2016 Budget Here
This is the full Budget for 2016 as delivered by Finance Minister Pravin Gordhan on Wednesday, 24th February 2016.
Honourable Speaker Mister President
Mr Deputy President
Cabinet...
South African Reserve Bank Hikes REPO RATE By 50 Basis Points
The South African Reserve Bank has announced that interest rates will increase to 6.75%.
Reserver Bank Governor Lesetja-Kganyago
JOHANNESBURG – South African Reserve Bank (Sarb) governor...
Zuma appoints a new finance minister – the third in a...
JOHANNESBURG – President Jacob Zuma has announced that Pravin Gordhan has been appointed the new Finance Minister, the statement said.
Pravin Gordhan
Gordhan returns to...
Investors consider new investment destinations as JSE closes at four month...
THE JSE closed a torrid week 1.87% lower on Friday at 48,067.5 points, hitting a four-month low following intensifying negative sentiment towards the country...
Corruption And ‘Tenderpreneurs’ Bring Kenya’s Economy To Its Knees
Last week, Kenya’s President Uhuru Kenyatta publicly declared on television that corruption had become a national security threat. He then proceeded to unveil a...
Pretoria Economist Dawie Roodt, Hacked With Panga During A Robbery In...
Johannesburg - Efficient Group chief economist Dawie Roodt was hacked with a panga during an armed robbery outside his home in a security estate...
U.S. Jobless Claims Down to Lowest Level Since 1973
The fewest Americans in four decades filed applications for unemployment benefits last week, continuing to unwind an early-July surge that was probably tied to...