Fin24 Economy

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Updated: 19 hours 35 min ago

Old Mutual 'to help Zim pay state salaries'

Tuesday, 01 April 2014
Sources say Old Mutual and the National Social Security Authority have been asked to purchase Treasury bills to help Zimbabwe pay salaries for civil servants.

Sars surpasses tax collection target

Tuesday, 01 April 2014
The Revenue Service has collected R899.7bn the past financial year, surpassing its target of R899bn, says Finance Minister Pravin Gordhan.

Why feeling safe is a boon for business

Tuesday, 01 April 2014
When people feel safe with their mortgage; business loan or pension savings then they will likely take investment risks, says Fin24 columnist Edward Ingram.

Rate hikes to firm rand could be disaster

Tuesday, 01 April 2014
Talk of the economy needing more foreign investments to balance the shortfall in exports is nonsense, according to Fin24 columnist Edward Ingram.

You can beat the market - analyst

Tuesday, 01 April 2014
Buying into the trend can help to beat the market, says retired financial adviser and founder of the macro-economic design group IngramSure.

Royal Mail sale short-changed taxpayers

Tuesday, 01 April 2014
A British watchdog says the UK has sold off Royal Mail too cheaply, prompting the main opposition party to accuse the government of failing to look after taxpayers' interests.

Investors look beyond Uganda's anti-gay laws

Tuesday, 01 April 2014
Fuzzy guidelines on ethical investing and aid donors' timid response to Uganda's new anti-gay law have reassured fund managers and private equity firms.

Japan relaxes arms exports

Tuesday, 01 April 2014
Japan has eased its weapons export restrictions in the first major overhaul of arms transfer policy in nearly half a century.

Amplats declares force majeure over strike

Tuesday, 01 April 2014
Anglo American Platinum has sent force majeure notices to some of the suppliers to its South African mines, due to the widening impact of the strike.

ANC cheers bold consumer moves

Tuesday, 01 April 2014
Government's steps to ease the burden of high communication costs and access to credit for many South Africans is bold and decisive, says the ANC.

No change in budget deficit estimate

Tuesday, 01 April 2014
Finance Minister Pravin Gordhan has estimated a budget deficit of 4% of GDP for the 2013/14 fiscal year, unchanged from his February projection.

Crimea spurs German energy policy rethink

Tuesday, 01 April 2014
Tensions with Russia over Ukraine have turned the spotlight on Germany's heavy dependence on Russian gas and are pushing it to reconsider its energy policy.

Greece may make swift market comeback

Tuesday, 01 April 2014
Greece could be on the verge of making one of the fastest market comebacks of a defaulted sovereign ever recorded.

Neo-colonialism 'not part of aid to Africa'

Tuesday, 01 April 2014
The head of the EU's huge aid programme says linking investment in Africa to democratic reforms risks backfiring if viewed as a "colonial tool".

Miners choose to bypass unions - expert

Tuesday, 01 April 2014
Workers have begun expressing their grievances in protests not organised and led by a trade union, according to a collective bargaining expert.

Will Abenomics work?

Tuesday, 01 April 2014
The market is rallying, but it's an open question whether Shinzo Abe can reform Japan.

Credit cleansing for consumers

Monday, 31 March 2014
Consumers are urged to approach credit bureaus as the much anticipated credit amnesty kicks in.

Gauteng plans bicycle transport routes

Monday, 31 March 2014
The Gauteng roads and transport department intends to roll out non-motorised transport infrastructure in the province.

Foreigners still distrust Cuban law

Monday, 31 March 2014
Cuba has declared itself open for business with a new foreign investment law, but faces deep scepticism given a history that includes jailing foreign executives.

Don't talk Nigeria down - minister

Monday, 31 March 2014
Nigeria has a strong, buoyant economy receiving billions of dollars of foreign and domestic direct investment, but it needs to grow faster to reduce poverty.

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