- Current Affairs
Updated: 1 day 12 hours ago
The dire fact that R500 billion worth of state procurement has failed to change South Africa’s skewed ownership and control of the economy means that the law governing this would be repealed, President Jacob Zuma announced.
Deputy finance minister urges reform of parastatals and signing of Fica bill to avoid downgrade.
The Mining Charter and the SA Reserve Bank were attacked this week at the Black Business Council’s annual conference.
Moody’s cuts Turkey’s sovereign credit rating, but the country vows to plough ahead with structural reforms.
The island nation is expanding its presence in SA to increase investment links with Africa.
Former SABC Chief Operating Officer Hlaudi Motsoeneng has earned close to R4.2m in the past financial year, the public broadcaster's annual report for 2015/16 shows.
National Treasury has published revised draft amendments to the regulations on tax-free savings accounts.
The assets of the ultra wealthy have grown by a modest 0.8% in 2015, yet this group of individuals control 12% of the world's riches.
South African government bonds have recorded inflows of R62bn this year, and have the highest yields among investment-rated nations.
The new Sanral CEO is well-equipped to lead the agency into a new era of growth and an expanded mandate to manage SA’s road infrastructure, says the board.
A credit downgrade would be “disastrous” for the Gauteng economy which aims to grow international trade and investment, says Premier David Makhura.
Consumer spending has been little changed in August as income growth cooled, pointing to a softening in consumption after a run of strong gains.
As China’s yuan takes the first steps toward becoming a global reserve currency, Japan offers a lesson on how hard it is to rival the dollar’s supremacy.
The Department of Energy has announced that the latest fuel price hikes will come into effect next week.
The UK current-account deficit has widened as the trade gap hit a two-and-a-half-year high and Britain continued to record heavy outflows of investment income.
South Africa recorded a trade deficit of R8.56bn in August from a revised surplus of R5.04bn in July, the SA Revenue Service has announced.
Early indications are that Eskom may ultimately be responsible for the management and implementation of SA's nuclear plan and not the Department of Energy as originally planned.
Kenya's inflation have risen slightly to 6.34% year-on-year in September from 6.26% a month earlier, the statistics office has said.
UK consumers appear to be shrugging off some initial Brexit concerns as their worst fears about the economy are allayed.
Political tension in South Africa is making economic reforms more challenging and must be watched, says S&P Global Ratings.