Fin24 Economy

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Updated: 22 min 1 sec ago

Fin24.com | Word for word: Read what Shivambu said about Momoniat on Tuesday

Thursday, 07 June 2018
Read a play by play transcript of the contentious committee meeting where EFF chief whip Floyd Shivambu questioned the presence of National Treasury deputy director general Ismail Momoniat.

Fin24.com | Top 5 on Fin24: Floyd Shivambu demands an apology, Public sector wage deal inches closer and Steinhoff shares soar

Thursday, 07 June 2018
A roundup of Thursday's top economic and finance reads on Fin24.

Fin24.com | Numsa walks out of Eskom wage talks, unions reject 0% increase offer

Thursday, 07 June 2018
Numsa has walked out of the second round of wage negotiations at Eskom, accusing the power utility of 'hostility' and bringing armed security to the negotiation venue.

Fin24.com | Floyd Shivambu demands apology, says he didn't bring up Momoniat's race

Thursday, 07 June 2018
The EFF deputy president has demanded an apology from the chair of the Standing Committee of Finance, Yunus Carrim.

Fin24.com | Public sector wage deal inches closer as more unions sign

Thursday, 07 June 2018
The public sector wage agreement is close to being a done deal, with 48% of workers represented by trade unions at the Public Service Coordinating Bargaining Council (PSCBC) supporting the offer.

Fin24.com | PSA vows to take on Cosatu's 'toxic majority' in the public sector

Thursday, 07 June 2018
The trade union says its fresh round of public protest and strike action is partly aimed at taking on what it calls Cosatu's 'toxic majority' among public servants.

Fin24.com | Treasury says EFF doesn't grasp how Parliament works after attack on top official

Thursday, 07 June 2018
Treasury said it "treats with utmost contempt" EFF claims that Treasury deputy director-general Ismail Momoniat was driving an anti-black agenda.

Fin24.com | German factory orders extend slide as economic worries build

Thursday, 07 June 2018
German factory orders have unexpectedly dropped for a fourth month in April, raising the prospect that an economic slowdown at the start of the year may be worsening.

Fin24.com | Trade union PSA plans for 'Day of Rage' and indefinite strike

Thursday, 07 June 2018
Trade union the Public Servants Association, which has 238 000 members, has promised renewed public protest and indefinite strikes from Monday, following long-standing tensions over wage negotiations.

Fin24.com | High seas fishing would go broke without 'massive' subsidies: study

Wednesday, 06 June 2018
Fishing on the high seas would be an unprofitable business, but for the billions of dollars in government subsidies that keep an often destructive industry afloat, international researchers said Wednesday.

Fin24.com | OUTA launches parliamentary office, welcomes former ANC MP

Wednesday, 06 June 2018
The Organisation Undoing Tax Abuse hopes to build strong ties with the office of the Auditor General and National Treasury through its new parliamentary office.

Fin24.com | Parliamentary committee slams Shivambu for ‘crude attack’ on Treasury’s Momoniat

Wednesday, 06 June 2018
Parliament's Standing Committee on Finance has criticised committee member and EFF MP Floyd Shivambu for accusing a top Treasury official of being ‘non-African’.

Fin24.com | Eskom keeps wage offer at 0% as it tries to boost finances

Wednesday, 06 June 2018
Eskom has kept its pay offer to workers at 0% in a second round of wage talks as the power utility struggles to strengthen its balance sheet.

Fin24.com | SA business confidence dips in May

Wednesday, 06 June 2018
Business confidence in South Africa again dipped again in May on the back of a VAT increase and weaker trade data, according to the SACCI.

Fin24.com | Ramaphosa to woo investors on sidelines of G7 summit in Canada

Wednesday, 06 June 2018
President Cyril Ramaphosa and a business delegation are 'going where the money is' this weekend - Quebec, Canada, for the G7 Leaders’ Summit Outreach.

Fin24.com | UK labour seeks soft Brexit in bid to force defeat on May

Wednesday, 06 June 2018
The UK’s main opposition party has proposed a plan to effectively stay in the European Union’s single market, a move that could nudge the country toward keeping closer to the bloc after Brexit.

Fin24.com | Shivambu's onslaught on Momoniat continues online

Tuesday, 05 June 2018
EFF chief whip Floyd Shivambu’s campaign to cast a senior National Treasury official as a big capital bogeyman did not let up, even after a dramatic committee meeting in Parliament.

Fin24.com | Top 5 on Fin24: SA's GDP shrinks by 2.2%, SAA CEO bets R100 000 on profitable future and Prasa appoints new CEO

Tuesday, 05 June 2018
A roundup of Tuesday's top economic and finance reads on Fin24.

Fin24.com | Solidarity aims for global support in fight against Trump steel tariffs

Tuesday, 05 June 2018
Trade union Solidarity says it is going to mobilise unions locally and internationally to take on newly proposed US import tariffs.

Fin24.com | SA's first-quarter GDP takes a knock, shrinks by 2.2%

Tuesday, 05 June 2018
The 2.2% fall, the largest quarter-on-quarter decline since 2009, caused the rand to lose 0.7% against the dollar.