Fin24 Economy

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Updated: 1 day 7 hours ago

Fin24.com | Sarb will tolerate temporary inflation breaches

Monday, 18 April 2016
The South African Reserve Bank says it will tolerate temporary breaches of its 3% to 6% inflation target to smooth out short-term fluctuations in economic growth.

Fin24.com | Stagnant global economy calls for radical remedies

Monday, 18 April 2016
The deeper the slump, economists used to say, the stronger the recovery. They don’t say that anymore.

Fin24.com | Denel fires suspended CEO, Gupta links questioned

Monday, 18 April 2016
Denel has fired its suspended CEO Riaz Saloojee without being found guilty of any misconduct, Netwerk24/Rapport has revealed.

Fin24.com | Eskom hits back at Gupta-owned Optimum coal theories

Monday, 18 April 2016
Eskom says it will not increase the price it pays for Gupta-owned Optimum's coal in order to promote black economic empowerment.

Fin24.com | Stagflation creates dilemma for Sarb - report

Sunday, 17 April 2016
The SA Reserve Bank remains entangled in a very different policy dilemma of stagflation, according to an asset management review.

Fin24.com | Economic slump worries as IMF, World Bank pledge action

Sunday, 17 April 2016
World finance ministers have pledged to boost growth at IMF and World Bank Spring Meetings tainted by lingering worries about the dragging global economy crisis.

Fin24.com | G20 embraces crackdown on tax havens, shell companies

Sunday, 17 April 2016
The world's leading economies have embraced a new crackdown on tax havens and the use of shell companies to hide money.

Fin24.com | Persistent inflation target breach will need response - Sarb

Sunday, 17 April 2016
A persistent breach of Sarb’s inflation target will require a policy response even as SA’s economic growth outlook weakens, says deputy governor Daniel Mminele.

Fin24.com | France finalising UK nuclear plant deal - minister

Sunday, 17 April 2016
French minister repeats government's commitment to plans by state-owned company EDF to build a controversial next-generation nuclear plant in Britain.

Fin24.com | Raul Castro rejects privatisation for Cuba

Sunday, 17 April 2016
Cuban President Raul Castro has rejected rapid privatisation and vowed never to pursue "shock therapy", setting the tone for a Communist Party congress.

Fin24.com | New Brics-supported bank approves first loans

Sunday, 17 April 2016
The new multilateral lender set up by the Brics nations has approved its first set of loans valued at $811m for renewable energy projects.

Fin24.com | Oil producers meet amid Saudi-Iran row

Sunday, 17 April 2016
Oil producers have gathered in Qatar to negotiate an output freeze, but a lingering dispute between Saudi Arabia and Iran threatens to overshadow talks.

Fin24.com | IMF reaches loan deal with Tunisia

Friday, 15 April 2016
The International Monetary Fund has reached a staff-level agreement to assist Tunisia with a four-year loan programme worth about $2.8bn.

Fin24.com | Zim record trade surplus against SA

Friday, 15 April 2016
Zimbabwe has recorded a trade surplus against South Africa for the first time in many years after the beleaguered nation imported less that it exported.

Fin24.com | March headline inflation likely to drop - economist

Friday, 15 April 2016
Headline inflation of 6.5% is forecast for March - down from 7% in February, says emerging markets economist Peter Attard Montalto of Nomura.

Fin24.com | SA maize industry undeterred by R16.6bn drought need

Friday, 15 April 2016
Maize farmers are confident they will increase investment despite the worst drought in 100 years and state policies that created uncertainty over their land.

Fin24.com | Ivory Coast cocoa farmers hit by price dispute

Friday, 15 April 2016
Cocoa exporters and grinders in Ivory Coast are withholding financing from suppliers amid a dispute over the pricing of mid-crop beans, threatening farmers' incomes.

Fin24.com | Commodity slump pushes Africa back into IMF's embrace

Friday, 15 April 2016
Falling commodity prices have pushed several African countries back into the embrace of the International Monetary Fund.

Fin24.com | No guarantee of oil deal at Doha talks

Friday, 15 April 2016
Major oil producers are meeting this weekend to try to negotiate an output freeze to drain crude oversupply and boost prices, but doubts remain on Iran's buy in.

Fin24.com | FOR SALE: Mona Lisa's villa in Italy

Friday, 15 April 2016
One of Tuscany's most famous villas is up for sale with its owners hoping to be smiling all the way to the bank thanks to its links to the Mona Lisa.

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