Fin24 Economy

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Updated: 7 hours 38 min ago

Fin24.com | Business conditions in SA remain buoyant

Friday, 03 March 2017
South Africa's purchasing manager's Index – an indication of business conditions in the country – remains buoyant, but improved only slightly in February.

Fin24.com | BBC lists transformation demands for construction sector

Friday, 03 March 2017
The Black Business Council in the Built Environment has taken aim at seven construction companies over a settlement agreement aimed at ensuring transformation in the industry.

Fin24.com | Eurozone economy expands most since 2011

Friday, 03 March 2017
Eurozone output has risen to the highest level in almost six years in February as growth in the region’s top four economies accelerated.

Fin24.com | UK economy may be heading for a slowdown

Friday, 03 March 2017
The UK may be heading for its weakest growth in a year, possibly heralding the start of a Brexit-induced slowdown.

Fin24.com | Zuma's SONA: Foggy stats or facts?

Friday, 03 March 2017
President Jacob Zuma delivered his 10th State of the Nation Address and the team at Fin24 delved a little deeper to verify some of the statements he presented.

Fin24.com | European earnings outshine US in sign of recovery

Friday, 03 March 2017
Corporate profit growth in Europe is outpacing earnings from US companies for the first time in a year and a half, with strategists predicting outperformance in 2017.

Fin24.com | Treasury targets infrastructure underspending

Friday, 03 March 2017
Government will in the course of 2017 establish an infrastructure fund to assist state departments with budgeting for large infrastructure projects.

Fin24.com | Cape Town's Atlantis receives R1.3bn investment boost

Friday, 03 March 2017
The City of Cape Town has welcomed a R1.3bn investment in Atlantis by multinational corporation Pegas Nonwovens, which is expected to create 200 direct jobs.

Fin24.com | Switzerland's economy is still fighting currency indigestion

Thursday, 02 March 2017
Two years after Switzerland suffered a surge in the franc, the currency is still proving a challenge, while the move in 2015 didn't cause recession.

Fin24.com | Ramaphosa welcomes Cosatu endorsement of minimum wage

Thursday, 02 March 2017
Deputy President Cyril Ramaphosa has welcomed the adoption by COSATU of the proposed national minimum wage of R20 an hour.

Fin24.com | Revenue drop necessitates tax law changes - Treasury

Thursday, 02 March 2017
The significantly lower revenue collection of R30bn requires National Treasury to change the Income Tax and VAT Acts to ensure smooth tax administration and collection.

Fin24.com | Eskom suspends bulk power cut to 2 municipalities

Thursday, 02 March 2017
Eskom has suspended the planned interruption of bulk power supply to two municipalities after reaching agreements for the settlements of their arrears.

Fin24.com | Oakbay rubbishes report of Gupta bank account closure

Thursday, 02 March 2017
Oakbay has denied reports that Bank of Baroda has closed its accounts.

Fin24.com | Eurozone inflation hits 2% as ECB debates policy stance

Thursday, 02 March 2017
Eurozone inflation has accelerated to the fastest pace, providing fresh arguments to those calling for an exit from the ECB’s monetary stimulus programme.

Fin24.com | Breakfast inequality: some work 9 hours to buy milk and toast

Thursday, 02 March 2017
Residents of Abu Dhabi, Osaka and Zurich can earn enough in less than five minutes to buy their first meal of the day, according to the Bloomberg Global City Breakfast Index.

Fin24.com | Over 149 000 Reserve Bank shares available for purchase

Thursday, 02 March 2017
South African Reserve Bank governor Lesetja Kganyago has announced that 149 200 of the bank’s shares are available for the public to purchase.

Fin24.com | UK construction may weaken as Brexit inflation bites

Thursday, 02 March 2017
Britain’s construction industry has showed signs of weakness, with a gauge of demand dropping for a second month.

Fin24.com | Expect 3% average house price growth in 2017 - economist

Thursday, 02 March 2017
The average house price growth for 2017 is expected to be 3%, says household and property sector strategist at FNB John Loos.

Fin24.com | Inflation will drop, but consumers will sweat first

Thursday, 02 March 2017
Although inflation is expected to drop below 5% by midyear, consumers will have a tough time during the first half of the year, says an economist.

Fin24.com | New car sales skid

Wednesday, 01 March 2017
Although the positive trend in new vehicle sales has been maintained in February, the same cannot be said of the consumer-driven new car market, says Naamsa.