Fin24 Economy

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Updated: 2 days 11 hours ago

Fin24.com | Transnet could face pensioners' R80bn lawsuit

Sunday, 20 July 2014
The largest court action in SA's legal history might be created when more than 62 000 pensioners bring a class action lawsuit against Transnet.

Fin24.com | Indian minister wants to end health corruption

Sunday, 20 July 2014
India's healthcare system is riddled with corruption and the national drug approvals agency is a "snakepit of vested interests", says the health minister.

Fin24.com | E-tolls reprieve does not reduce costs - Outa

Sunday, 20 July 2014
The e-toll concessions announced by Transport Minister Dipuo Peters do not reduce the system's cost on road users, says Outa.

Fin24.com | Nigeria to hold rates - poll

Sunday, 20 July 2014
Nigeria's central bank will leave interest rates unchanged as it tries to balance controlling inflation and supporting the naira, according to a poll.

Fin24.com | Banks part of urgent R699 car hearing

Sunday, 20 July 2014
An urgent hearing into the R699 car sales scheme opens up the possibility that class action could be taken against the banks that supported the scheme.

Fin24.com | Peters asks for halt in e-tolls prosecutions

Sunday, 20 July 2014
Transport Minister Dipuo Peters has asked that prosecution of non-paying e-toll users be halted for now.

Fin24.com | Brazil eyeing Japan's help in oil project

Sunday, 20 July 2014
Brazil plans to use Japanese technology in building a floating structure and ships for its huge offshore oil development project, according to media reports.

Fin24.com | Sacci: Numsa strike costing over R300m a day

Sunday, 20 July 2014
A stronger police presence is needed as the Numsa strike is causing revenue losses of over R300m a day, says the South African Chamber of Commerce and Industry.

Fin24.com | Ocean can contribute R177bn to GDP - Zuma

Saturday, 19 July 2014
President Jacob Zuma has announced plans to explore parts of the ocean to find economic potential that could contribute to the country's gross domestic product.

Fin24.com | SME business to China due to Numsa strike

Friday, 18 July 2014
Due to the Numsa strike this small business owner says he is about to close his metal working operations and import complete products from China.

Fin24.com | Warning of job cuts over Numsa strike

Friday, 18 July 2014
A Fin24 user says he is being forced to restructure his company to keep it from shutting down as a result of Numsa's wage strike.

Fin24.com | China to loan Argentina $7.5bn

Friday, 18 July 2014
Argentina will sign deals to borrow $7.5bn from China for power rail projects, at a time when the Latin American country cannot tap global capital markets.

Fin24.com | China deepens ties to Brazil

Friday, 18 July 2014
China has expanded its trade partnership with Brazil with $7.5bn in financing for Brazilian miner Vale, the purchase of 60 passenger jets and more.

Fin24.com | Oliphant disregards SMME job losses - Neasa

Friday, 18 July 2014
By only engaging with Seifsa and Numsa during the metal strike, Labour Minister Mildred Oliphant shows no regard for the interests of SMMEs, says Neasa.

Fin24.com | Sactwu signs wage deal for wool sector

Friday, 18 July 2014
The SA Clothing and Textile Workers' Union has settled a wage dispute in the wool and mohair textiles sub-sector.

Fin24.com | NUM lauds Royal Bafokeng settlement

Friday, 18 July 2014
The three-year wage settlement the National Union of Mineworkers signed with Royal Bafokeng Platinum represents a genuine victory for mineworkers, says NUM.

Fin24.com | Inside Labour: Understandable desperation

Friday, 18 July 2014
The poor's disproportionate debt burden is leading to rising anger, says Terry Bell.

Fin24.com | Fitch affirms SA bank ratings

Friday, 18 July 2014
The long-term issuer default ratings of South Africa's major banks have been affirmed by Fitch Ratings agency.

Fin24.com | NUM 'disgusted' by R200m loan for Tsogo execs

Friday, 18 July 2014
The National Union of Mineworkers says it was not was necessary for Tsogo Sun to empower five rich individuals by awarding them a R200m loan.

Fin24.com | Numsa could face lawsuit, denies foul play

Friday, 18 July 2014
Small businesses suffering damage at the hands of strikers are considering class action against the union and its leaders, but Numsa denies any foul play.

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