Fin24 Economy

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Updated: 9 hours 58 min ago

Fin24.com | Cash is king in Mugabe's Zimbabwe as dollar supply dries up

Monday, 16 January 2017
Walk into Pedzai Nyika’s furniture factory in Zimbabwe’s capital and he’ll offer a 20% discount straight away - provided you pay in cash.

Fin24.com | Eskom must take tough stance against Exxaro - NUM

Monday, 16 January 2017
The National Union of Mineworkers has expressed its dismay at the move by Exxaro to transform itself from a black-owned company to a black-empowered one.

Fin24.com | These 3 billionaires at top of SA's inequality shocker

Monday, 16 January 2017
Research by Oxfam shows that the wealth of three South African billionaires is equal to that of the bottom 50% of the population.

Fin24.com | Motorists warned to brace for more petrol pain

Monday, 16 January 2017
The Automobile Association has warned motorists to ready for another steep hike in fuel prices at the end of January.

Fin24.com | Three more municipalities avert power cuts

Monday, 16 January 2017
Eskom has suspended planned supply interruptions to three more municipalities after reaching payment agreements with them.

Fin24.com | SA growth rate for 2017 still at 1.3% - presidency

Monday, 16 January 2017
The 2.9% growth rate mentioned in the ANC's January 8 anniversary statement refers to sub-Saharan Africa and SA's growth rate will rise to 1.3% in 2017, says the presidency.

Fin24.com | Wealth shock: 8 men own same as half of world's poorest

Monday, 16 January 2017
The gap between rich and the poor is widening, with the world’s richest eight men owning the same wealth as the poorest half of the world, new research reveals.

Fin24.com | Eskom threat of power cuts works as 5 municipalities pay

Monday, 16 January 2017
Eskom has suspended power cuts to five municipalities, who together with others, owe Eskom R10.2bn in debt.

Fin24.com | Absa report leak may be politically motivated

Monday, 16 January 2017
The timing of the release of the public protector's report on Absa bank raises questions about whether it is politically motivated.

Fin24.com | Trump wants to hold summit with Putin in Iceland

Sunday, 15 January 2017
US President-elect Donald Trump's first foreign trip will be a meeting with Russian President Vladimir Putin.

Fin24.com | Sanral’s new road to confidence

Sunday, 15 January 2017
Winning back the public’s trust is but one of many challenges facing the new Sanral CEO. But is he up to the task?

Fin24.com | Harmony miners end wildcat strike

Sunday, 15 January 2017
This week’s short-lived sit-in by about 1 700 employees of Harmony Gold’s Kusasalethu mine in Carletonville, western Johannesburg, has tested the gold mining company’s relationship with Amcu.

Fin24.com | A bumper year for renewable energy

Sunday, 15 January 2017
This year could be a bumper one for South Africa’s renewable energy programme as prices could drop if the sector can sort out its problems with Eskom.

Fin24.com | The crossroads of power

Sunday, 15 January 2017
Eskom will be at a crossroads in 2017. This year will see the utility define an energy policy that will shape its future for the next two decades as it faces increasing financial pressure.

Fin24.com | Med aid rules to hit the poor

Sunday, 15 January 2017
Treasury’s phasing out of low-cost primary healthcare has been censured for keeping the public locked into expensive plans

Fin24.com | World’s jobless on the rise

Sunday, 15 January 2017
But employment levels bear no relationship to a country’s welfare. The working poor are the majority of employed in sub-Saharan Africa

Fin24.com | Get ready to pay R250k for your child's 2017 school year - if you can

Saturday, 14 January 2017
To pay or not to pay, seems to be the big question when considering the high cost of attending South Africa's most expensive private schools.

Fin24.com | Eskom will support major renewable energy growth in 2021 – Koko

Friday, 13 January 2017
Acting Eskom CEO Matshela Koko says the utility will support major growth in the renewable energy sector from 2021, when he believes prices will come down.

Fin24.com | Gordhan must stop attacking Sars leadership - union

Friday, 13 January 2017
The National Education, Health and Allied Workers’ Union has lashed out at Finance Minister Pravin Gordhan, while defending Sars boss Tom Moyane.

Fin24.com | Let's talk: What makes South Africa's brand identity?

Friday, 13 January 2017
A new initiative aims to kickstart a series of important conversations about South Africa's brand identity.