Fin24 Economy

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Updated: 14 hours 49 min ago

Fin24.com | Chirwa: Numsa heading to slaughter house

Friday, 07 November 2014
Numsa president Andrew Chirwa expects the union to get the boot from the Congress of South African Trade Unions.

Fin24.com | Alli slams media on e-tolls reporting

Friday, 07 November 2014
Sanral CEO Nazir Alli has complained that inaccurate reporting by the media is feeding misperceptions about the e-tolls system.

Fin24.com | Eskom: No rolling blackouts planned

Friday, 07 November 2014
Despite a vulnerable power system, no rolling blackouts are expected over the weekend and next week, Eskom has reassured.

Fin24.com | Mexico scraps $3.75bn China rail deal

Friday, 07 November 2014
Mexico has revoked a $3.75bn contract for a high-speed passenger rail link from a Chinese-led consortium after its bid sparked an outcry from lawmakers.

Fin24.com | Eurozone backs Greece credit lifeline

Friday, 07 November 2014
Eurozone finance ministers have backed a precautionary credit line for Greece after the country exits its bailout at the end of the year.

Fin24.com | German court rejects rail operator's case

Friday, 07 November 2014
A German court has dismissed an attempt by rail operator Deutsche Bahn to stop a nationwide strike through an injunction by the GDL train drivers' union.

Fin24.com | India falls short of privatisation target

Friday, 07 November 2014
India will fall well short of its $9.5bn privatisation target this year, despite a big stock market rally that has attracted foreign investors.

Fin24.com | Downgrade pours cold water on Nene's first budget

Friday, 07 November 2014
The Moody’s downgrade of South Africa’s investment grade credit ratings is no surprise, but the timing certainly is, says an emerging markets economist.

Fin24.com | UK hiring and pay growth slow in October

Friday, 07 November 2014
Permanent hirings by British firms via recruitment companies have risen at the slowest pace in nearly a year, growth in starting salaries also weakened.

Fin24.com | Zim 'willing to compensate white farmers'

Friday, 07 November 2014
Zimbabwe is willing to compensate white farmers and clarify indigenisation laws to open the door for aid from Denmark, says Finance Minister Patrick Chinamasa.

Fin24.com | Vatican issues staff with financial ethics book

Friday, 07 November 2014
The Vatican has issued staff with a manual on economic ethics and accountability, as part of Pope Francis' effort to clean up the Holy See's finances.

Fin24.com | France's unpopular Hollande vows no new taxes

Friday, 07 November 2014
French President Francois Hollande says no new taxes will be imposed on anyone in France next year as he seeks to shake off record-low approval ratings.

Fin24.com | Westinghouse in court again on Eskom tender

Friday, 07 November 2014
Westinghouse Electric SA has filed an application against Eskom for allegedly failing to comply with a court order relating to a multi-billion rand tender.

Fin24.com | Brown slams opposition for 'Eskom hysteria'

Friday, 07 November 2014
Whipping up hysteria over Eskom by opposition parties delivers a body blow to job creation and economic growth, says Public Enterprises Minister Lynne Brown.

Fin24.com | New Gauteng roads saved people money - prof

Friday, 07 November 2014
Gauteng's new roads have saved commuters money and now they are being asked to pay for the project through e-tolls, an academic says.

Fin24.com | Should Phiyega step down?

Friday, 07 November 2014
Timid leadership is not enough to curtail crime in SA, says Mzwandile Jacks.

Fin24.com | Spike seen in African offshore disputes

Friday, 07 November 2014
African maritime boundary disputes are set to rise, potentially curbing exploration and creating uncertainty in ownership over billions of barrels of oil, experts say.

Fin24.com | Moody's downgrades SA credit rating

Thursday, 06 November 2014
Moody’s has downgraded South Africa’s investment grade credit ratings, the National Treasury says.

Fin24.com | Alli rejects fuel levy to fund roads

Thursday, 06 November 2014
Sanral CEO Nazir Alli says using the fuel levy, which opponents of the e-toll system suggested be hiked to fund the roads, is neither adequate, equitable, nor efficient.

Fin24.com | Dangote targets Nigeria's rice deficit

Thursday, 06 November 2014
Nigeria enjoys a perfect rice-growing climate yet it is the world's second biggest importer of the staple, but Aliko Dangote thinks he can resolve this conundrum.

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