Fin24 Economy

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Updated: 14 min 40 sec ago

Fin24.com | Weak rand sours investment mood ahead of ratings decision

Friday, 03 June 2016
A feared credit downgrade for South Africa to "junk" could see direct investment in the ailing economy slide further as investors flee to other markets in search of higher returns.

Fin24.com | PMI above crucial 50 mark for first time in a year

Friday, 03 June 2016
Operating conditions at private sector businesses have lifted for the first time in a year, mainly driven by a return to new order growth and renewed job creation.

Fin24.com | Sanral runs up R177m advertising bill

Friday, 03 June 2016
Sanral spent R177m of taxpayer money on advertising in the 2015-16 financial year, much of it to explain its rationale behind tolling Western Cape national roads.

Fin24.com | WATCH: How SA will jump the junk hurdle - Gordhan

Friday, 03 June 2016
Finance Minister Pravin Gordhan says specific steps were being taken to implement key state reform measures in a bid to stave off a long-term ratings downgrade.

Fin24.com | Electricity connections rise to 85.5%

Thursday, 02 June 2016
Eskom has taken credit for accelerating the number of households connected to the power grid, after Stats SA revealed levels increased to 85.5% in 2015.

Fin24.com | Please don't downgrade us - Maimane

Thursday, 02 June 2016
DA leader Mmusi Maimane has pleaded with ratings agency Standard and Poor's not to downgrade South Africa to junk status.

Fin24.com | 45 000 miners face job cuts, warns NUM

Thursday, 02 June 2016
About 45 000 workers face layoffs in the South Africa's struggling mining sector, says the National Union of Mineworkers.

Fin24.com | Gordhan: SA did enough to avert downgrades

Thursday, 02 June 2016
The government has done enough to prevent its credit rating from being downgraded to junk by S&P and Fitch this month, says Finance Minister Pravin Gordhan.

Fin24.com | Only Gauteng, Western Cape don't rely on income grants

Thursday, 02 June 2016
The Western Cape and Gauteng are the only two provinces where over two-thirds of households earn salaries as their main sources of income.

Fin24.com | WATCH: Upbeat Gordhan hopes for ‘better times’

Thursday, 02 June 2016
Finance Minister Pravin Gordhan hopes National Treasury will experience better times amid what he termed South Africa’s “noisy democracy”.

Fin24.com | OPEC to keep oil flowing as price recovers

Thursday, 02 June 2016
OPEC has been expected to keep the oil gushing as a modest recovery in the crude price eases pressure on a cartel riven by Iranian-Saudi rivalry to cut output.

Fin24.com | Global CFOs rally behind SA amid downgrade jitters

Thursday, 02 June 2016
There seems to be a "mismatch" with the rating agencies' assessment of SA's growth prospects, and the view of multinational company CFOs, an accountants group says.

Fin24.com | Labour Wrap: The danger in mythologising the past

Thursday, 02 June 2016
Where corruption exists in education, it must be honestly confronted to ensure that SA has competent teachers organised into accountable unions, says Terry Bell.

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