Fin24 Economy

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Updated: 1 hour 19 min ago

Fin24.com | Olam starts Gabonese rubber production

Friday, 15 January 2016
Olam says it will start rubber production from plantations it owns in a venture with Gabon's government and intends selling rubber to Michelin.

Fin24.com | Sanral now texting e-toll drivers to pay up - Outa

Friday, 15 January 2016
Sanral has allegedly started sending SMS messages to Gauteng drivers who have not paid e-toll fees, telling them to pay up or face action, says anti-tolls body Outa.

Fin24.com | Budget will inspire confidence - Gordhan

Friday, 15 January 2016
Finance Minister Pravin Gordhan says SA will make some tough decisions about how we run the finances of the country in a budget that is credible and can inspire confidence.

Fin24.com | SA not heading for recession - Gordhan

Friday, 15 January 2016
Finance Minister Pravin Gordhan says SA won't slip into recession, rejecting economists' predictions that sharp falls in the rand point to a contraction this year.

Fin24.com | As oil crashed, renewables attracted record $329bn

Thursday, 14 January 2016
The slump in oil prices that’s brought upheaval and cost-cutting to the traditional energy industry spared renewables such as solar and wind, raking $329bn investment last year.

Fin24.com | Zambia asks SA for 300 MW of emergency power

Thursday, 14 January 2016
Zambia has asked SA for up to 300 MW of emergency power to ease an electricity crunch that has hit mining companies already grappling with a slide in global copper prices, its embassy says.

Fin24.com | Togo to host Africa Hotel Investment Forum

Thursday, 14 January 2016
Togo is to host an additional Africa Hotel Investment Forum in April to run parallel with two major development initiatives.

Fin24.com | Construction industry outlook improves - index

Thursday, 14 January 2016
Business confidence in the construction industry has increased marginally for the fourth quarter of 2015, according to the FNB/BER Civil Confidence Index.

Fin24.com | Eskom wants to be a major player in renewable energy

Thursday, 14 January 2016
Eskom says if it fails to get into the renewable energy space on a large scale, it will miss a chance to become established as a formidable player in this sector.

Fin24.com | Gordhan moves to calm workers over new pension laws

Thursday, 14 January 2016
Controversial new pension laws only apply to money saved from 1 April this year, says Finance Minister Pravin Gordhan.

Fin24.com | Markets don't fall over Zuma's remarks - Gordhan

Thursday, 14 January 2016
The rand does not operate on what individuals do or say, Finance Minister Pravin Gordhan has said in reaction to fears that Zuma comments are causing the unit's slide.

Fin24.com | Govt not taking over people's pensions - presidency

Thursday, 14 January 2016
Contrary to "false rumours", government has no intention of taking over the hard-earned pension money of workers, says the presidency.

Fin24.com | Mining production, sales on the decline

Thursday, 14 January 2016
November's annualised mining production dropped by 0.8%, while October's mineral sales decreased by 2.8%, according to Stats SA.

Fin24.com | SA’s monetary policy stance under the microscope - Sarb

Thursday, 14 January 2016
Amid the rand’s tumultuous start to the year, the SA Reserve Bank says it will assess the appropriateness of the current monetary policy stance.

Fin24.com | Water scarcity and move away from carbon riles Medupi, Kusile

Thursday, 14 January 2016
Bankruptcies, project shutdowns, regulation, and emission limits curb enthusiasm for fossil fuels, says Circle of Blue senior editor Keith Schneider.

Fin24.com | Watch the 'selling to emigrate' category - property expert

Wednesday, 13 January 2016
The current SA economy and heightened social tensions, make the category of home owners 'selling in order to emigrate' the one to watch, says a property expert.

Fin24.com | Commodity prices likely suppressed for 15 more yrs - economist

Wednesday, 13 January 2016
Commodity prices will likely remain suppressed for another 15 years or so if one follows the repeating history theory over the last four cycles, says economist Mike Schussler.

Fin24.com | Selling to downgrade a sign of things to come - property expert

Wednesday, 13 January 2016
The increase in owners selling residential property to downscale due to financial pressure is a possible hint of things to come, warns a property expert.

Fin24.com | Consumers to 'see red' if Eskom tariffs go up - AfriBusiness

Wednesday, 13 January 2016
South Africans are likely to “see red” if Eskom is granted permission to increase electricity tariffs by 17%, according to AfriBusiness.

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