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Global energy company GDF Suez has followed up its recent announcement that it will be proceeding with two open-cycle gas-turbines in South Africa with news that it, Investec and Kagiso Tiso...
Trade and investment relations between two of the fastest growing regions currently, namely Asia and Africa, are growing in importance. Asia, in particular, is fast becoming Africa’s largest...
A report issued on Monday states that airline carrier states that South African Airways has postponed its bond issue in favour of borrowing R1.5-billion from two banks.
The R1.5-billion was...
SA Airways has postponed its bond issue in favour of borrowing R1.5-billion from two banks, it was reported on Monday. Chief financial officer Wolf Meyer told Business Day this was until the...
Economists say that Finance Minister Pravin Gordhan has a slim margin to manoeuvre on Wednesday, when he delivers the annual budget amid slow growth and falling revenue. Even so, he needs to...
Finance Minister Pravin Gordhan has a slim margin to manoeuvre on Wednesday when he delivers the annual budget amid slow growth and falling revenue. Nevertheless, he needs to reassure international...
Should South Africa embark on a proposed currency depreciation of about R15 to R20 to the dollar to gain demand for the country’s exports, it would simply result in greater social unrest and...
Investec’s Annabel Bishop says Finance Minister Pravin Gordhan is unlikely to announce any major new tax hikes during his Budget address next Wednesday. However, she warns that the upcoming tax...
A leading private sector economist says Finance Minister Pravin Gordhan is unlikely to announce any major new tax hikes during his Budget address next Wednesday, but has warned that the upcoming...
It was reported last week that SAA received an emergency bailout from government to cover short term fuel costs to prevent the potential grounding of its local and international flights. The loan...
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 formal, nonagricultural employment rose by 0.1% in the third quarter of the year, with 10 000 jobs added, taking employment in the sector to 8.44-million during the period under...
The Department of Basic Education (DBE) has entered into an innovative partnership which will enhance the recruitment of teachers into the independent school sector; this being with the Independent...
South Africa’s gross domestic product (GDP) growth slowed in the third quarter, dragged down by a sharp contraction in the mining sector.
Statistics South Africa’s (Stats SA’s) latest...
Statistics South Africa, in its latest Quarterly Labour Force Survey (or QLFS) said that South Africa’s unemployment rate rose to 25.5% in the third quarter. This is up from 24.9% in the previous...