Fin24 Economy

Unions representing striking bus workers have persisted in their demand for a double-digit wage hike, holding up negotiations, an employers' association says.

US economic growth regained speed in the first quarter, but not as much as expected, which could heighten about fears the already weakening economy.

The price for a litre of petrol is going down by much more than the 64c expected by economists.

Western Cape agriculture MEC Gerrit van Rensburg has launched a plan to address farming labour concerns and avoid further unrest.

Corruption is becoming a social phenomenon and guilty parties must be held responsible, says Finance Minister Pravin Gordhan.

Mining companies footing the salaries of prominent union office bearers will soon be a practice of the past, says the Chamber of Mines.

A legal challenge of the correctional services department's transformation policies continues in the Labour Court, it was reported.

Cyprus has eased capital controls imposed to prevent a run on deposits, raising the threshold for transactions that do not require prior approval by the central bank.

The number of jobless people in France has climbed to a new record, the French Labour Ministry says.

The emerging black middle class and women have become increasingly important drivers of new car sales, it was reported.

Budget air travel is crying out for SA backers, says Mzwandile Jacks.

While some workplace compliments are genuine, others simply drip with innuendo, so are remarks focused on looks or other personal details like dress ever okay?

Rwanda has became the first country in east Africa to turn to international markets to raise funds by launching a $400m 10-year bond.

Gautrain bus drivers say they will return to work for a 9% pay raise, but they are rejecting the current transport allowance, says trade union Utatu.

South Africa's über-rich are far wealthier than assumed and most of them are employed in a company, a new survey shows.

Government spending needs to produce better quality results and the culture of corruption must be stemmed, says Finance Minister Pravin Gordhan.

Striking bus drivers renewed their protests in Cape Town, insisting their demands be met.

The number of tourists visiting South Africa in 2012 surpassed the 9 million mark and rose by 10%, more than doubling gobal growth, President Jacob Zuma says.

Britain's economy dodged a return to recession and grew faster than expected in the first three months of this year,.

South Africa's headline producer inflation was at 5.7% year-on-year in March compared with 5.4% in February, Statistics SA says.