Fin24 Economy

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Updated: 1 hour 21 min ago

Fin24.com | Rand plunge creates inflation fear factor for Sarb

Monday, 24 August 2015
The SA Reserve Bank will be keeping a careful eye on the rand, while analysts speculate on a further interest rate hike following the currency's dramatic plunge.

Fin24.com | China's army of small investors still believes

Monday, 24 August 2015
Investors who piled into China's stock market at the government's behest may have lost heavily in recent months, but many still cling to hopes of official rescue.

Fin24.com | Rand’s record plunge seals case for rate hike

Monday, 24 August 2015
Forward-rate agreements, used to speculate on interest rates, are pricing in at least a 25-basis points rate rise at each of the next two policy meetings.

Fin24.com | Eskom’s coal standoff with Glencore unpacked

Monday, 24 August 2015
ANALYSIS: The standoff between power supplier Eskom and commodity trading and mining group Glencore has long been coming.

Fin24.com | Manyi slates Solidarity comment that BEE is 'insulting'

Monday, 24 August 2015
Mzwanele Jimmy Manyi says 'white-owned' business has betrayed reconciliation, while Solidarity believes empowerment policies are insulting to blacks.

Fin24.com | City makes us out as a monster - Sanral

Sunday, 23 August 2015
Sanral says it has always engaged with Cape Town mayor Patricia de Lille and claims it offered to resolve the latest tolling feud without litigation.

Fin24.com | World’s richest people lose $182bn in market rout

Sunday, 23 August 2015
The world’s 400 richest people have lost $182bn from their collective fortunes as weak Chinese data and a rout in commodities sent global markets plunging.

Fin24.com | N West unemployment worries trade group

Sunday, 23 August 2015
The Select Committee on Trade and International Relations has voiced satisfaction with its North West visit, but says unemployment is still too high.

Fin24.com | Harvesting water from thin air

Sunday, 23 August 2015
A new breed of green engineers is working to avert the world’s looming water issues by grabbing water out of thin air. And South Africa-based Cirrus Water Management is joining the party with its independently engineered water-harvesting technology that generates clean drinking water from the ambient atmosphere.

Fin24.com | Prasa boss denies downsizing rumour

Sunday, 23 August 2015
Executives at the Passenger Rail Agency of SA have denounced talk by disgruntled employees that the agency intended to “downsize” staff as “peddling untruths”.

Fin24.com | Lephalale’s veneer of chrome and glass

Sunday, 23 August 2015
Eight years after ground was broken, the once-sleepy town of Lephalale boasts a luxury hotel and two top-rated guesthouses, a gleaming shopping mall and several restaurants that would be at home in Sandton City.

Fin24.com | How labour department put lives at risk

Sunday, 23 August 2015
For nearly seven years, the labour department has withheld information that could have imperiled many lives, says lawyer Richard Spoor on the release of the Paarl fire report.

Fin24.com | No 'Plan B' as Eskom coal supply suspended

Saturday, 22 August 2015
Eskom does not have a contingency plan should coal supplies at its Hendrina Power Station be depleted, after administrators suspended a supply deal with Optimum Coal Mine.

Fin24.com | ANC wants pension funds to boost local economy - Mashatile

Friday, 21 August 2015
The ANC is considering using state-owned pension fund Public Investment Corporation to invest in the local economy, Gauteng chairperson Paul Mashatile says.

Fin24.com | We need more wealthy black South Africans - Manyi

Friday, 21 August 2015
Rich black South African entrepreneurs should not be expected to share their wealth, Progressive Professionals Forum president Mzwanele Jimmy Manyi says.

Fin24.com | Prasa on track says acting CEO

Friday, 21 August 2015
The Passenger Rail Association of SA has played down the suspension of seven senior staffers who held an unauthorised press conference to raise concerns.

Fin24.com | Treasury investigates 'report' claiming Manuel, Ramos were apartheid agents

Friday, 21 August 2015
The National Treasury is investigating the origins of a document that purports to be an intelligence report on how top Treasury officials were apartheid agents.

Fin24.com | Eurozone expects Greece to reform despite election

Friday, 21 August 2015
European policymakers say they expected Greece to press on with reforms agreed under its new bailout regardless of Prime Minister Alexis Tsipras' decision to resign.

Fin24.com | SA must be more competitive – ANC

Friday, 21 August 2015
It is crucial for South Africa to improve its competitiveness, according to a discussion document issued by the ANC for its National General Council.

Fin24.com | Prasa suspends pro-Montana staffers

Friday, 21 August 2015
The Passenger Rail Agency of SA has suspended seven staffers who organised a gathering in support of the reinstatement of former CEO Lucky Montana.

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