Fin24 Economy

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Updated: 3 hours 32 min ago

Fin24.com | Economic empowerment not just about wealth redistribution - dti

Monday, 15 August 2016
Broad–Based Black Economic Empowerment should aim to achieve growth, development and enterprise development and not just wealth redistribution, says the dti.

Fin24.com | ANC seeks budget focus on jobs as support drops

Monday, 15 August 2016
The ANC will press government to prioritise creating jobs and alleviating poverty in the national budget, says Gwede Mantashe.

Fin24.com | Sarb's next rates move: Up or down?

Sunday, 14 August 2016
The SA Reserve Bank is attempting to keep a tight rein on market expectations, according to emerging market economist Peter Attard Montalto of Nomura.

Fin24.com | What it means for SA to be Africa's largest economy

Sunday, 14 August 2016
The rankings of Africa's largest economies do not mean much to the people making economic policy and investment decisions, cautions an expert.

Fin24.com | Drought ravages Lesotho as water exported to SA

Sunday, 14 August 2016
For farmer Mohlakoane Molise, the view of the enormous Katse dam from his smallholding high in the mountains of Lesotho taunts him daily.

Fin24.com | SABC deal with 'Gupta connected' businessman questioned

Sunday, 14 August 2016
A businessman described as politically connected - also socially with a Gupta associate - allegedly could earn R383.5m from an SABC deal, reports the Sunday Times.

Fin24.com | Italy confident of holding wine crown

Sunday, 14 August 2016
Italy will retain its crown as the world's biggest wine producer this year, the country's main agricultural body predicts.

Fin24.com | Ramaphosa appoints panel on minimum wage

Sunday, 14 August 2016
Deputy President Cyril Ramaphosa has appointed a seven-person panel to advise on an appropriate level at which the national minimum wage could be set.

News24.com | National minimum wage panel established

Sunday, 14 August 2016
Deputy President Cyril Ramaphosa has appointed an advisory panel to assist with setting a national minimum wage.

Fin24.com | SA's growth outlook worries Sarb

Friday, 12 August 2016
The SA Reserve Bank says the moderate nature of its tightening cycle is due to concern over the country's growth outlook.

Fin24.com | Egypt needs about $6bn to seal IMF deal

Friday, 12 August 2016
Egypt's preliminary deal for a $12bn IMF loan programme can go to the board for approval only if the government secures $5-6bn in bilateral financing for the first year.

Fin24.com | Numsa left empty handed at Transnet

Friday, 12 August 2016
The National Union of Metalworkers of South Africa has failed to get organisational rights at Transnet.

Fin24.com | US wholesale prices fall by most in nearly a year

Friday, 12 August 2016
Wholesale prices in the US has unexpectedly fallen in July by the most in almost a year, a sign inflation is likely to stay muted.

Fin24.com | How a minimum wage can help SA

Friday, 12 August 2016
A national minimum wage can play an important part in expanding South Africa's economy in a balanced and sustainable manner, says an analyst.

Fin24.com | US retail sales stall on auto dealers’gain

Friday, 12 August 2016
Sales at US retailers have been little changed in July as Americans flocked to auto dealers at the expense of other merchants.

Fin24.com | Radebe to address builders’ congress

Friday, 12 August 2016
The annual Master Builders Congress will be taking place at the Durban International Convention Centre.

Fin24.com | Kganyago: Rand strength no cause for complacency

Friday, 12 August 2016
The strong rand should not lead to complacency in tackling inflation, cautions SA Reserve Bank governor Lesetja Kganyago.

Fin24.com | Eurozone economy cools, Germany helps pre-Brexit momentum

Friday, 12 August 2016
Eurozone growth has slowed in line with economists’ forecasts, leaving the currency bloc vulnerable to any fallout from Britain’s vote to leave the European Union.

Fin24.com | UK construction shrinks as Brexit delays projects

Friday, 12 August 2016
Construction has shrunk for a second month and there are signs of worse to come as firms put spending plans on hold following the Brexit vote.

Fin24.com | Not all unions on board with Eskom wage deal

Friday, 12 August 2016
Eskom has reached a two-year wage agreement with two of the three unions it recognises, ending what it deems to have been an illegal strike action.

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