Fin24 Economy

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Updated: 2 days 3 hours ago

Fin24.com | Eskom lays criminal charge against DA

Thursday, 21 January 2016
Eskom has laid a criminal charge against the Democratic Alliance for allegedly contravening the Regulation of Gatherings Act.

Fin24.com | Strikes could tip SA into recession, warns economist

Thursday, 21 January 2016
The labour market is the economy's greatest cause for concern in 2016 and prolonged mining and manufacturing strikes could trigger a recession, says an economist.

Fin24.com | Revolutionary changes on cards in the global jobs market

Thursday, 21 January 2016
What job skills will be in demand in 2020? A report takes a peek at what changes the working world can expect in the so-called fourth industrial revolution.

Fin24.com | Tourists rush to SA as rand offers good value

Thursday, 21 January 2016
The battered rand is proving to be a boon for the tourism industry as it offsets some of the damage done by burdensome new visa laws.

Fin24.com | SA goods traders, local firms latest Zim drought casualties

Thursday, 21 January 2016
Informal traders in Zimbabwe are bracing for a dip in business as tobacco farmers expect suppressed revenues because of the ongoing drought.

Fin24.com | Labour Wrap: Pension fund and cold war rows

Thursday, 21 January 2016
A cold war cat was thrown among the trade union pigeons this week, while Cosatu's argument about retirement fund reform continues, says Terry Bell.

Fin24.com | Kganyago: We will act with resolve on inflation

Thursday, 21 January 2016
The SA Reserve Bank will “act with resolve” if price pressures stemming from a weaker rand spread more broadly in the economy, says Governor Lesetja Kganyago.

Fin24.com | DA calls on Eskom to pay back R63m in bonuses

Wednesday, 20 January 2016
The DA has handed a petition to Eskom CEO Brian Molefe calling on the utility’s executive to pay back R63m in bonuses.

Fin24.com | Numsa still on track for new workers' party - Jim

Wednesday, 20 January 2016
Numsa leader Irvin Jim says the union aims to build a new Marxist-Leninist workers’ party which will replace the capitalist system with a socialist society.

Fin24.com | Eskom tariff application 'unlawful' - PE chamber

Wednesday, 20 January 2016
The Nelson Mandela Bay Business Chamber has accused Eskom of bringing an unlawful and irregular tariff increase application to the National Energy Regulator of SA.

Fin24.com | Sarb has no choice but to raise rates - experts

Wednesday, 20 January 2016
In an environment with a rapidly deteriorating inflation outlook, the Reserve Bank will have to raise interest rates to restore financial stability, warn experts.

Fin24.com | Sceptics of Iran nuclear deal 'all proven wrong' - Rouhani

Wednesday, 20 January 2016
President Hassan Rouhani has said that sceptics who had warned a nuclear deal with world powers would not bring benefits to Iran "were all proven wrong".

Fin24.com | Retail sales rise unlikely to be sustained - bank

Wednesday, 20 January 2016
Retail trade sales lifted by 3.9% year-on-year in November 2015, but Nedbank cautioned that strong retail sales growth is unlikely to be sustained in the months ahead.

Fin24.com | Outcry against Zim's 49% proposed electricity hike

Wednesday, 20 January 2016
Zimbabwe's business community says a proposed 49% electricity tariff increase by the country's power utility is unaffordable and will reduce competitiveness.

Fin24.com | Inflation hits highest level for year

Wednesday, 20 January 2016
SA's annual consumer price inflation rose to 5.2% in December 2015, the highest rate for the year as consumers battle with price increases and rate hikes.

Fin24.com | Brace for slowdown in property sales, house prices

Wednesday, 20 January 2016
The SA housing market could deteriorate this year due to expected interest rate hikes of between 1.5% and 3%, warns a property economist.

Fin24.com | Eskom hits back as opposition to tariff hike grows

Wednesday, 20 January 2016
Opposition to Eskom’s proposed tariff increases has gained momentum as energy regulator Nersa closed its session for hearings in Cape Town.

Fin24.com | Cosatu calls for maize price-fix probe

Wednesday, 20 January 2016
The Congress of South African Trade Unions has called on the Competition Commission to investigate the alleged price fixing of maize.

Fin24.com | Foreigners dump SA assets ahead of possible junk rating

Wednesday, 20 January 2016
With both Russia and Brazil downgraded to “junk” status, markets are discounting that SA will lose its investment grade credit rating, says Overberg Asset Management.

Fin24.com | OPINION | The Davos bunfight has no answers

Tuesday, 19 January 2016
It is the very system of the Davos club of billionaires that is the problem, not the technological advances that have made so much labour redundant, says Terry Bell.

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