Fin24 Economy

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Updated: 1 hour 39 min ago

SA hits tourist high in December

Tuesday, 15 April 2014
December 2013 recorded the highest ever number of tourists in South Africa in one month, with 937 792 people entering the country.

Rail renewal crucial in Gauteng - Vadi

Tuesday, 15 April 2014
The Gauteng transport MEC, Ismail Vadi, says there's little doubt that commuter rail will be the backbone of public transport in future.

Nigeria tightens security for WEF

Tuesday, 15 April 2014
Nigeria is mounting the largest security operation ever for an international summit during the World Economic Forum on Africa, following the rush hour bomb blast.

Italy sells Venice island in online auction

Tuesday, 15 April 2014
An island in the Venice lagoon, a former monastery on the southern coast are among prime properties Italy has put on an online auction

China bank loans surge

Tuesday, 15 April 2014
China's bank lending surged in March from the previous month, the central bank says, but analysts dismissed the possibility of monetary easing.

Rand, overseas demand lift tourism

Tuesday, 15 April 2014
The weak exchange rate and a strong overseas leisure demand have helped SA's tourism business, according to an index.

Italian govt brings in new management

Tuesday, 15 April 2014
The government of Italian Prime Minister Matteo Renzi has put new faces onto the boards of the country's biggest state-controlled companies.

Zim's dangerous optimism

Tuesday, 15 April 2014
One good deal only highlights the harm of damaging policies, says Malcom Sharara.

China's tech potential

Tuesday, 15 April 2014
Xi Jinping’s reforms could unlock huge opportunities for tech firms like Weibo.

EU threatens Russia with more sanctions

Monday, 14 April 2014
The European Union threatened Russia with more sanctions over its actions in eastern Ukraine, which Britain says is being destabilised by Moscow.

SA looking for more electricity: Martins

Monday, 14 April 2014
Energy Minister Ben Martins says South Africa will start looking around to buy additional power as the country strives to prevent blackouts.

Taxi body slams e-tolls boycott reports

Monday, 14 April 2014
Taxis have no reason to boycott e-tolls because public transport vehicles were exempt from these fees, says the SA National Taxi Council.

World trade picture a bit rosier - WTO

Monday, 14 April 2014
The World Trade Organisation has slightly raised its 2014 forecast for growth in global goods trade to 4.7%, still gloomier than its predictions a year ago.

No sign of deflation in Europe - minister

Monday, 14 April 2014
German Finance Minister Wolfgang Schaeuble says he sees no signs at all of a deflation spiral in Europe.

Outa applauds taxi call to boycott e-tolls

Monday, 14 April 2014
The Opposition to Urban Tolling Alliance applauds the SA National Taxi Council for its call to boycott the e-toll system.

Election helps Indian sugar demand

Monday, 14 April 2014
As India's election campaign picks up, it seems to be helping the demand for sugar, according to a retailer.

BMF: Transformation slow in the workplace

Monday, 14 April 2014
Transformation in the workplace is slow 20 years into democracy, the Black Management Forum says.

Thailand braces for a recession

Monday, 14 April 2014
Thailand's economy, known for its dynamism, is ailing, heading towards a recession and held hostage by another crippling bout of turmoil in a power struggle.

UK wages poised to pass recovery milestone

Monday, 14 April 2014
Britain's recovery from its deepest recession in decades looks set to pass a milestone after a six-year run of declining living standards.

Rising wages hit Bangladesh garment makers

Monday, 14 April 2014
Bangladesh garment factory owners say they are soaking up much of the cost of nearly doubling wages as some global retailers balk at price hikes.

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