Fin24 Economy

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Updated: 18 min 15 sec ago

Madagascar eyes economic recovery

Friday, 28 March 2014
Madagascar's finance minister forecast its economy could grow by 3% this year and hit 12% in five years' time as the economy still reels from a coup in 2009.

Extended Amcu strike hits roadblock

Friday, 28 March 2014
Amcu's application for its members in the coal and gold sectors to strike in solidarity with those in the platinum sector has been turned down, says Nedlac.

Inside Labour: Unanswered questions

Friday, 28 March 2014
The labour ministry must end its silence on industrial tragedies, says Terry Bell.

Mechanising mine is bad news - UDM

Friday, 28 March 2014
Mechanising the Leeuwkop mine near Brits in North West is bad news for South Africans desperate for work, says UDM leader Bantu Holomisa.

Economists predict moderate petrol hike

Friday, 28 March 2014
Fin24 checked with a few economists on what they expect from today's petrol price announcement.

UK gas prices slump to nine month low

Friday, 28 March 2014
British gas prices fell to a nine month low as warmer weather forecasts for the weekend offset an undersupplied system.

Vavi case should go to Labour Court - lawyer

Friday, 28 March 2014
The bid by suspended Cosatu general secretary Zwelinzima Vavi to have his suspension set aside is a matter for the CCMA and Labour Court, the High Court hears.

Japanese unemployment rate down

Friday, 28 March 2014
Japan's unemployment rate fell by 0.1% from the previous month to 3.6% in February, its 45th consecutive drop, says the government.

IMF expects subdued growth for Zimbabwe

Friday, 28 March 2014
Zimbabwe will register moderate growth in the short term and the country could be vulnerable to weakening exports, predicts the International Monetary Fund.

Implats considers mechanisation option

Friday, 28 March 2014
Mechanisation could be more efficient, improve safety, have a more profitable lifespan and cost less than labour-intensive mining, says Impala Platinum.

Don't impeach Zuma

Friday, 28 March 2014
Impeaching the president will only backfire on the DA, says Mzwandile Jacks.

Govt drops inland transport levy

Friday, 28 March 2014
An inland fuel transport levy which compensates oil companies forced to use roads because of full pipeline capacity will be abolished from next month.

Rates: Consumers must watch out

Thursday, 27 March 2014
Consumers should plan ahead to meet all their financial needs because interest rate hikes will make them vulnerable, economists have warned.

Mixed reaction to rates announcement

Thursday, 27 March 2014
The unchanged repo rate is good news for aspirant home buyers, but should also be of concern to households, analysts say.

Eskom appoints acting boss

Thursday, 27 March 2014
Eskom has appointed board member Collin Matjila as its acting chief executive to replace Brian Dames who is leaving the parastatal after 26 years.

Amcu pay hike will be disastrous - Implats

Thursday, 27 March 2014
Implats says Amcu's revised pay demand of a minimum monthly wage of R12 500 put into effect over four years will lead to job cuts and shaft closures.

Vavi case: Cosatu denies ulterior motives

Thursday, 27 March 2014
Cosatu's national office bearers had no ulterior motives when suspending general secretary Zwelinzima Vavi, the High Court in Johannesburg has heard.

Mathunjwa: Mine chamber is oppressive

Thursday, 27 March 2014
The Chamber of Mines is a mouthpiece for the oppressor and not a bargaining council, says Amcu leader Joseph Mathunjwa.

Marcus warns of future rate hikes

Thursday, 27 March 2014
There will be interest rate increases in future and increments may not always be of the same magnitude, says SA Reserve Bank governor Gill Marcus.

Amcu calls for mass mines strike

Thursday, 27 March 2014
Amcu president Joseph Mathunjwa says it will continue its marches for higher wages, adding that it wants workers in the gold and coal sectors to join them.

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