Fin24 Economy

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Updated: 2 hours 47 min ago

Fin24.com | Watchdog to probe holiday timeshare industry

Wednesday, 30 November 2016
The National Consumer Commission is in the process of conducting a public inquiry into the Vacation Ownership Industry to find permanent solutions for alleged consumer challenges.

Fin24.com | Nene: Slightest policy distortion impacts fragile agriculture

Wednesday, 30 November 2016
The fragile nature of agriculture means the slightest distortion in policy will have big consequences, says former minister of finance Nhlanhla Nene.

Fin24.com | Africa can feed the world, says agriculture council

Wednesday, 30 November 2016
Africa has the potential to feed its inhabitants and rest of the world, says Ben Leyka, executive director at the African Agri Council.

Fin24.com | Energy minister supports nuclear coming online in 2026

Wednesday, 30 November 2016
Energy Minister Tina Joemat-Pettersson has indicated that the nuclear new build programme will start coming online by 2026 and that renewable energy cannot be unconstrained.

Fin24.com | Business confidence down as local elections hype fades

Wednesday, 30 November 2016
Business confidence declined in October and November, the RMB/BER Business Confidence Index has revealed.

Fin24.com | Koko steps in as acting Eskom CEO

Wednesday, 30 November 2016
Matshela Koko will take over acting Eskom CEO after Brain Molefe quit the power utility following the damning state capture report.

Fin24.com | Gordhan climbs into Sars top management

Wednesday, 30 November 2016
Finance Minister Pravin Gordhan has admitted in a parliamentary response that there is a lack of accountability and cooperation from the top management at the SA Revenue Service.

Fin24.com | Guptas, Eskom still not budging on R2bn coal fine payment

Wednesday, 30 November 2016
The Guptas, who part-own Optimum Coal Mine through Tegeta Resources and Energy with President Jacob Zuma’s son Duduzane, have yet to pay Eskom's R2.176bn fine.

Fin24.com | Fear of new bond notes drives rush to equities in Zim

Wednesday, 30 November 2016
Fear of recently-introduced bond notes and tight liquidity conditions have seen most Zimbabwean institutions and individuals pile their money into the equities market.

Fin24.com | Brian Molefe’s new mission: To defeat ‘white dominated economy’

Wednesday, 30 November 2016
Outgoing Eskom CEO Brian Molefe has called on South Africans to defeat the “demon of racism and exploitation” to “sort out this white dominated economy”.

Fin24.com | FULL SPEECH: Brian Molefe gets tough on economic transformation

Wednesday, 30 November 2016
Economic power in South Africa still resides in the hands of those who benefited from apartheid, says Eskom CEO Brian Molefe.

Fin24.com | Draft energy plan is lightweight, superficial and dangerous - Yelland

Wednesday, 30 November 2016
It is obvious that the artificial constraints on solar and wind in the draft IRP base-case is a political decision rather than a rational planning decision, says Chris Yelland.

Fin24.com | Nuclear transparency means SA could lose bargaining power - DoE

Wednesday, 30 November 2016
By being transparent, government is losing its bargaining position regarding the 9.6 GW nuclear new build programme, the Department of Energy says.

Fin24.com | EFF: This is what will happen if a Gupta puppet controls Treasury

Tuesday, 29 November 2016
The EFF has sketched a situation should a finance minister loyal to the Gupta family be successful in capturing National Treasury.

Fin24.com | Nasdaq head hopeful Trump will refine, not kill, trade

Tuesday, 29 November 2016
Nasdaq chief Robert Greifeld is worried about a US trade war with China but expects President-elect Donald Trump to adopt a pragmatic approach once he takes office.

Fin24.com | SA agriculture key player in Africa - minister

Tuesday, 29 November 2016
South Africa's agricultural sector is a key player on the African continent, says Minister of Agriculture, Forestry and Fisheries Senzeni Zokwana.

Fin24.com | ANC calls for more research on sugar tax

Tuesday, 29 November 2016
The ANC in Parliament wants more research done before a sugar tax is implemented. The tax is supposed to come into effect in April 2017.

Fin24.com | Fiddling with tax won't boost small business - Davis committee

Tuesday, 29 November 2016
Entrepreneurship cannot be driven by the tax system and the current tax regime is adequate for small business growth, says Judge Dennis Davis, head of the Davis Tax Committee.

Fin24.com | Disclose your offshore finances, MPs urge

Tuesday, 29 November 2016
Taxpayers who haven’t disclosed their offshore finances have been urged to do so in order to make use of the window of opportunity the programme provides.

Fin24.com | Zuma’s power has been steadily eroded - OAM

Tuesday, 29 November 2016
President Jacob Zuma’s power has been steadily eroded since the axing of Nhlanhla Nene as Finance Minister, according to Overberg Asset Management.