Fin24 Economy

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Updated: 8 hours 37 min ago

Fin24.com | Eurozone in firing line over growth, Greece

Thursday, 16 October 2014
After a two year rest, the eurozone is back in the financial markets' firing line over stagnating growth, low inflation and budget problems in France and Greece.

Fin24.com | Radebe: Zuma must not sign mining bill

Thursday, 16 October 2014
Mining magnate Bridgette Radebe has asked President Jacob Zuma not to sign the Minerals and Petroleum Resources Development Act amendment bill into law.

Fin24.com | Volvo set to add 1 300 jobs in Sweden

Thursday, 16 October 2014
China-owned Volvo Cars has said it would add 1 300 jobs at its main plant in Sweden, citing growing demand for its new cars.

Fin24.com | Africa set to switch on gas-to-power potential

Thursday, 16 October 2014
Africa's under used gas reserves are set to play a big role in stemming the continent's crippling electricity void, a shift that should boost economies.

Fin24.com | Wholesale trade drops

Thursday, 16 October 2014
Wholesale trade sales have dropped 2.2% year-on-year in August, data from Statistics SA shows.

Fin24.com | Rouble's dip shows Russia's reliance on West

Thursday, 16 October 2014
A steep plunge in the rouble, caused by sanctions and falling oil prices, has underlined Russia's heavy dependence on Western finance.

Fin24.com | Govt not listening to the people: Cosatu

Thursday, 16 October 2014
The government has refused to listen to the people of Gauteng regarding e-tolls, says the Congress of SA Trade Unions.

Fin24.com | Cosatu plans protest, will burn e-tags, bills

Thursday, 16 October 2014
Cosatu, the Opposition to Urban Tolling Alliance and the National Taxi Alliance are set to protest at Sanral's Pretoria office, including the burning of e-tags and bills.

Fin24.com | Motor trade sales tick up

Thursday, 16 October 2014
Motor vehicle sales in nominal terms has increased by 1.8% year-on-year in August, according Statistics SA.

Fin24.com | One in four South Africans go hungry

Thursday, 16 October 2014
A quarter of South Africans regularly suffer from hunger, according to a new study.

Fin24.com | Petrol price breather on the cards

Thursday, 16 October 2014
Motorists can expect to pay less for petrol in November, as declines in global petroleum prices have outweighed a spike in the exchange rate, says the AA.

Fin24.com | NUM reaches wage deal with De Beers

Thursday, 16 October 2014
Diamond producer De Beers has signed a three-year wage deal with the National Union of Mineworkers, narrowly avoiding strikes.

Fin24.com | EU rescue fund faces Fitch downgrade

Thursday, 16 October 2014
Fitch ratings agency has put the EU's €500bn bailout fund on review for a possible downgrade, triggered by concerns over France's budget deficit battle.

Fin24.com | Foreign banks bow down to Zim empowerment

Thursday, 16 October 2014
Indigenisation Minister Francis Nhema says all foreign banks operating in Zimbabwe, with one exception, have complied with the country’s indigenisation laws.

Fin24.com | Govt is destroying capital - economist

Thursday, 16 October 2014
South Africa faces a further credit downgrade because government is actively destroying capital in the region of R100bn annually, says chief economist Dawie Roodt.

Fin24.com | Labour Wrap: Wages, policies and the public sector

Thursday, 16 October 2014
Public sector workers are not overpaid, greedy and concerned only with their own welfare, says Terry Bell in his latest Labour Wrap.

Fin24.com | Making capitalism work

Thursday, 16 October 2014
Capitalism works properly only when the market is truly free, says Leopold Scholtz.

Fin24.com | Eskom powers Botswana amid breakdown

Thursday, 16 October 2014
Botswana's only power station has broken down, leaving the world's biggest diamond producer entirely dependent on power imports from Eskom.

Fin24.com | For sale: Top fashion brands for cheap

Thursday, 16 October 2014
This is where you can buy Tommy Hilfiger, Burberry, Benetton or Ralph Lauren items for a fraction of the price, but there's a catch: the clothes are second-hand.

Fin24.com | Nene rules out recession

Wednesday, 15 October 2014
Comments by Finance Minister Nhlanhla Nene have confirmed expectations he will cut economic growth forecasts, while predicting a wider budget deficit.

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