Sun, 18 August, 2019

Tag: SA Economy

South Africa’s Public Debt Is ‘Becoming Uncomfortable’ – IMF

South Africa’s public debt, which is approaching rating agencies’ red line of 60% of economic output, is reaching uncomfortable levels, an IMF...

SA Stocks Approach Six Months Low As Recession Fears Rise

South African stocks slipped to a near six-month low on Wednesday after the US Treasury bond yield curve inverted for the first...

No Need For IMF Bailout But SA Must Be Financially Prudent...

JOHANNESBURG - Minister in the Presidency Jackson Mthembu said that while there was no appetite from government to approach the International Monetary Fund (IMF)...

IMF Bailout Not On Cards In Dealing With Economic Crisis: Jackson...

As the country's economy continues to dwindle and the unemployment rate reaches record-breaking highs, government said it was still finalising its response...

Nedbank Calls For Urgent Government Action On Ailing Economy

Nedbank called for more urgent government action to fix South Africa’s struggling economy on Tuesday after first-half earnings at its main domestic...

Black Business Council: SA Economy In Serious Crisis

The Black Business Council has likened government’s response to the economic and unemployment crisis to that of a deer in the headlights.

Jackson Mthembu: South Africa Still An Attractive Investment Destination

Cabinet said that South Africa was still an attractive investment destination and has welcomed increased interest by prospective investors.

Government Failed To Address Structural Faults Of Economy: Ramaphosa

President Cyril Ramaphosa said on Tuesday that while government had managed to turn around the troubled economy it inherited at the dawn of democracy,...

Lower Tax Revenue, Higher Borrowing Expected This Year: Tito Mboweni

South Africa’s 2019/20 tax revenues could be “significantly lower” than budgeted for and it may need to borrow more than planned, Finance...

Ramaphosa’s Biggest Challenge Is SA’s Economic Recovery, DA On Sona

President Cyril Ramaphosa’s greatest challenge is to put the SA economy on a growth path.That was the message...

Ramaphosa: We Are On A Mission To Support The Youth

President Cyril Ramaphosa says the success of many young South Africans shows the flame that burnt in 1976 has not been lost.

China Ready To Work With SA To Boost Development

PRETORIA – China’s ambassador to Pretoria said Bejing was ready to join hands with South Africa to boost the development of the country and...

Stats SA: SA GDP Falls By 3.2% In Q1, Biggest Drop...

South Africa's economy shrank by 3.2% in the first three months of the year, Stats SA announced on Tuesday. 

Business Welcomes Ramaphosa’s New Cabinet

Business has given President Cyril Ramaphosa the thumbs up following his Cabinet announcement, with Finance Minister Tito Mboweni keeping his portfolio.On...

Ramaphosa Hopes Economic Cluster Revamp Boosts Struggling Economy

As the sixth administration under the leadership of President Cyril Ramaphosa begins to take shape following Wednesday night’s Cabinet announcement, work now looks...

Something To Ponder

Marikana – We Must Not Forget16th August 2012, 34 miners lost their lives during a strike that was meant to pressurise for better wages from their...

Latest Articles

Nkosi Double Gives Boks Scrappy Win

Two tries by wing Sibusiso Nkosi helped South Africa record a hard-earned 24-18 win over Argentina in Pretoria on Saturday – maintaining...