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Yearly growth in South Africa’s manufacturing production fell to 2% in December 2012 from 3.7% in the previous month and was below market expectations of 2.9%. Although subdued, seven of the ten...
South Africa's rand was a touch softer against the dollar on Friday and unlikely to break out of present ranges as concerns about waning economic growth keep rand bulls largely in check.
Government...
Fixed investment, driven by public sector projects, has been the fastest-growing domestic expenditure sector in South Africa for four consecutive quarters, Absa Capital noted in its latest...
Weaker recovery in the world economy over the past three months has seen the International Monetary Fund (IMF) slightly lowering South Africa’s growth forecast for 2012 to 2.6% from 2.7%...
Recent sharp falls in commodity prices are “disproportionately” large when compared with prevailing weaknesses in the global economy and a number of prices are, thus, likely to recover during...
Besides the immediate period ahead of the FIFA 2010 World Cup, much of the emphasis in the power sector in recent years has been on the surging prices rather than on the supply-side threats.
This...
South Africa’s power supply constraint has the potential to act as a “hand brake” on the country’s gross domestic product (GDP) growth outlook and is an “underappreciated” downside...
South Africa’s power supply constraint has the potential to act as a “hand brake” on the country’s gross domestic product (GDP) growth outlook and is an “underappreciated” downside...
The contribution of South Africa’s mining and manufacturing sectors is likely to remain weak in 2012, Absa Capital argued in its latest quarterly economic outlook, in which the bank also cut it...
The contribution of South Africa’s mining and manufacturing sectors is likely to remain weak in 2012, Absa Capital argued in its latest quarterly economic outlook, in which the bank also cut its...
Thirteen Pretoria advocates who "mounted the steed of greed" and milked the Road Accident Fund will have to pay back more than R15.6-million of their ill-gotten gains, the High Court in Pretoria...
Banking group Absa Capital, which has typically maintained a more optimistic view of South Africa's growth prospects than many other commentators, has not only lowered it growth forecast for 2011...
News that South Africa’s purchasing managers’ index (PMI) rose to a 13-month high in March is hopefully an early signal that real confidence is beginning to return to some sections of the...
Africa needs $480-billion for infrastructure development over the next ten years, President Jacob Zuma says. "Over the next ten years, Africa will need $480-billion for infrastructure development,...
A healthy economic recovery in South Africa requires more than the consumer, and business investment will be needed to create some symmetry, Absa Capital head of research Jeff Gable said, Passports...