FIN 24 – Economy

FIN 24 – Economy

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Fin24 Economy

An antivirus expert lists seven tips to help shield taxpayers from cyber crime attacks.
Posted: July 19, 2019, 8:15 am
ANC secretary general Ace Magashule on Thursday condemned "gatekeepers", whom he said censured him for his remarks about the ownership and mandate of the South African Reserve Bank.
Posted: July 19, 2019, 6:33 am
An excerpt from the think tank’s report argues that the recovery of the mining industry is possible, but that the industry needs “significant reforms” to achieve this.
Posted: July 19, 2019, 6:17 am
The SA Reserve Bank's decision to cut the repo rate by 0.25% has been met with cautious optimism by analysts.
Posted: July 18, 2019, 7:05 pm
China's economic growth has slowed to 6.2% in the second quarter, its weakest pace in at least 27 years, as demand at home and abroad faltered in the face of mounting US trade pressure.
Posted: July 18, 2019, 6:50 pm
President Cyril Ramaphosa has told MPs that while the pace of investment and economic transformation has been slow, it has not been insignificant, and the African National Congress-led government will not be abandoning B-BBEE.
Posted: July 18, 2019, 6:17 pm
Eskom and the Gauteng provincial government have agreed to work together to deal "decisively" with ongoing disruptions in the supply of electricity in several areas in the province, Eskom said in a statement on Thursday.
Posted: July 18, 2019, 6:11 pm
Eskom is due to pay over R900m in interest to Nedbank Corporate and Investment Banking before the end of the month, it said in a notice on Wednesday evening.
Posted: July 18, 2019, 3:44 pm
The rand climbed against every G10 currency on Thursday afternoon, despite the South African Reserve Bank cutting interest rates for the first time since March 2018.
Posted: July 18, 2019, 3:39 pm
The central bank's monetary policy committee has cut the benchmark repo rate by 25 basis points to 6.5% from 6.75%.
Posted: July 18, 2019, 2:29 pm
Property industry leaders say the rate cut could give the housing market a much-needed boost - although at least one says the MPC "should have been bolder".
Posted: July 18, 2019, 2:27 pm
President Cyril Ramaphosa said the office of the Presidency would not be used as an executive hit squad to remove politicians that some MPs did not like, especially when those officials were fighting in court to clear their names.
Posted: July 18, 2019, 2:25 pm
Almost three decades ago, Nelson Mandela addressed a conference of 300 business executives on questions that South Africa still grapples with, including nationalisation, privitisation, a living wage land reform, inequality, public finances, unions and capital flight. For Mandela Day, an edited version is reproduced here.
Posted: July 18, 2019, 12:16 pm
Over three days of rambling testimony to a commission investigating graft, former President Jacob Zuma, 77, said he was the victim of a conspiracy by intelligence agencies intent on ousting him, called his former mines minister and an ex-head of the army apartheid-era spies and threatened to expose other detractors.
Posted: July 18, 2019, 10:49 am
International Monetary Fund chief Christine Lagarde submitted her resignation from the global crisis lender. As she heads for the ECB, the race to succeed her at the IMF has already begun.
Posted: July 18, 2019, 9:58 am
A court has dismissed the application of businessman Martin Wingate-Pearse who argued, in part, that he had been the victim of illegal surveillance by the so-called SARS 'rogue' unit.
Posted: July 18, 2019, 8:07 am
It’s been a tough year for South African retail stocks, battered by gloomy economic news. But hope is on the way.
Posted: July 18, 2019, 7:48 am
Minister of Public Enterprises Pravin Gordhan has said a green paper for a bill which would give his department stronger oversight over SOEs will be ready within the 2019/20 financial year.
Posted: July 17, 2019, 7:37 pm
President Cyril Ramaphosa said that Cabinet was concerned at reports of a go-slow at the ports, particularly in the Eastern Cape where operations nearly ground to a halt.
Posted: July 17, 2019, 6:12 pm
A timeline of the long-running SARS 'rogue unit' saga - which some thought had died, until it was revived by Public Protector Busisiwe Mkhwebane.
Posted: July 8, 2019, 8:21 pm

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