Advertise with fastmoving.co.za
 
 

ECONOMIC NEWS

Subscribe to Economic News

Trade body will have a bone to pick in poultry tarrif case

Trade body will have a bone to pick in poultry tarrif case

14/06/2019 - 09:30
Those with intimate knowledge of the tariff application say that ITAC's position is akin to a zero-sum game, where they may have to choose between exposing local poultry producers to cheap imports they cannot compete with, or raising consumer prices for poultry to impossibly high levels. read more
SA's first citrus shipment arrives in China

SA's first citrus shipment arrives in China

13/06/2019 - 15:39
The historic shipment of 5 200 tons of citrus in a breakbulk vessel has arrived at Shanghai Port in the People’s Republic of China. read more
Increase in sales reflect stronger second quarter

Increase in sales reflect stronger second quarter

13/06/2019 - 10:41
Data from Statistics South Africa (StatsSA) showed that retail sales in April increased 2.4percent year-on-year - the strongest gain in retail trade in six months, providing further evidence that the economy began the second quarter on a firmer footing following the first quarter’s 3.2percent plunge. read more
Retail sales jump in April, giving hope of avoiding a recession

Retail sales jump in April, giving hope of avoiding a recession

12/06/2019 - 15:44
SA’s retail sales jumped 2.4% in April, led by clothing retailers, adding to hopes that a technical recession may be avoided in the second quarter. read more
SA stokvels collectively save R44bn annually

SA stokvels collectively save R44bn annually

11/06/2019 - 16:04
A total of R44 billion is collectively saved in 820 000 stokvels in South Africa annually, with more than 11 million South Africans being members of stokvels, according to Nedbank research. read more
Weak economy set to affect pension savings

Weak economy set to affect pension savings

10/06/2019 - 16:06
The 3.2 percent contraction in South Africa’s economy in the first quarter of this year will have a negative impact on retirement fund members, particularly if it becomes entrenched, financial services provider Momentum Corporate said. read more
SA’s weak economic growth will weigh on local banks in 2019, Moody’s says

SA’s weak economic growth will weigh on local banks in 2019, Moody’s says

10/06/2019 - 15:30
SA’s weak economic growth prospects will weigh on the performance of local banks in 2019, but this situation will be manageable, Moody’s Investors Service said. read more
SA import growth to be restrained by weak domestic activity

SA import growth to be restrained by weak domestic activity

07/06/2019 - 08:45
South Africa’s current account deficit deteriorated by R32.3 billion to R142.5bn in the first quarter of 2019 compared with a deficit of R110.2bn in the fourth quarter of 2018.  read more
Trade war’s likely toll on SA

Trade war’s likely toll on SA

06/06/2019 - 11:28
Escalating trade tensions represent the main factor weighing on global growth. But rising global debt, China’s slowdown, and financial market risk threaten to weaken growth further by undermining investment and confidence. read more
There's no truth to importers' threats about 'expensive' chicken

There's no truth to importers' threats about 'expensive' chicken

05/06/2019 - 08:58
Don't rely on the chicken importers for the facts. In a massive public relations exercise to turn opinion against higher import tariffs, they have relied on assertion, misdirection, misinformation, and bluster. Facts are few and far between. read more
SA taxpayers to pay more for greener economy

SA taxpayers to pay more for greener economy

04/06/2019 - 09:16
Climate change and global warming have long been debated, but what is certain is that consumers are going to pay a great deal more in taxes dedicated to creating a friendlier environment.  read more
More grocery stores in malls on the cards

More grocery stores in malls on the cards

03/06/2019 - 16:08
The Competition Commission said that it wants Pick n Pay, Woolworths, Spar, and Shoprite to stop enforcing exclusivity clauses in shopping malls they do business to allow for more competition. read more
SA recorded surprise trade deficit in April

SA recorded surprise trade deficit in April

03/06/2019 - 11:03
SA recorded a surprise trade deficit of R3.43bn in April, despite expectations of a slight surplus. read more
Consumer confidence improves a little in the second quarter

Consumer confidence improves a little in the second quarter

29/05/2019 - 14:24
After a sharp drop in the first quarter of 2019, consumer confidence picked up in the second quarter, given a slight boost by post-election optimism. read more
SA consumer confidence recovers, survey shows

SA consumer confidence recovers, survey shows

29/05/2019 - 11:23
Consumer confidence in South Africa recovered in the second quarter after a general election and the stabilization of the power grid, but consumer spending was likely to remain constrained, for now, a survey shows. read more
SA ports at risk of a complete shutdown

SA ports at risk of a complete shutdown

29/05/2019 - 09:46
The South African Transport and Allied Workers Union (Satawu) said in a statement that its members at Transnet National Ports Authority (TNPA) were set to down tools tomorrow in a strike that would “see a total shutdown of the country’s ports”. read more
South Africa’s economy may be nearing the end of its slump: economist

South Africa’s economy may be nearing the end of its slump: economist

29/05/2019 - 09:07
After years of slow grow South Africa may be over the worst and could start seeing growth by 2021/22 according to leading economist Mike Schüssler.  read more
SA Agribusiness records $660m trade surplus in the first quarter

SA Agribusiness records $660m trade surplus in the first quarter

28/05/2019 - 09:22
Data from the Agricultural Business Chamber (Agbiz), which represents commercial farmers and agribusiness enterprises showed that the sector weathered the tough start to the year and recorded a trade surplus of $660 million (R9.53 billion) in the first quarter, up 11 percent from the same period last year.  read more
South Africans are spending less on their weekly shopping trip

South Africans are spending less on their weekly shopping trip

23/05/2019 - 09:44
Tiger Brands, which carries brands including Koo canned foods, All Gold, and Tastic rice, said that revenue from continuing operations fell 2% to R15.4 billion in the interim period. read more
Another recession in 2019 is probable, warns Old Mutual economist

Another recession in 2019 is probable, warns Old Mutual economist

22/05/2019 - 10:21
SA will probably enter another recession given the weak performance in the first quarter of 2019, Old Mutual Investment Group chief economist Johann Els warned. read more
Contraction in economy looms in the first quarter

Contraction in economy looms in the first quarter

17/05/2019 - 09:16
Weak performances in the retail, mining and manufacturing sectors, which bore the brunt of the most severe power cuts the country has experienced yet, indicates that the economy contracted in the first quarter of the year. read more
Retail sector barely budged in March

Retail sector barely budged in March

16/05/2019 - 09:54
Consumers were under pressure in March with a 74c/l hike in the petrol price and slightly higher inflation. read more
Avocado industry should focus on Chinese market, says Agbiz

Avocado industry should focus on Chinese market, says Agbiz

13/05/2019 - 09:57
The chamber said the increased exports are a major boost to the government's policy ambition of achieving export-led growth in agriculture.  read more
Load-shedding knocks mining and manufacturing in the first quarter

Load-shedding knocks mining and manufacturing in the first quarter

13/05/2019 - 09:36
Despite a better performance in March, both sectors recorded contractions in the first quarter of the year - with production severely constrained by load-shedding. read more
SA retailers seek post-election boost as belts tighten

SA retailers seek post-election boost as belts tighten

10/05/2019 - 11:02
Londani Nemaguvhuni’s Sunday trip to the Mall of Africa north of Johannesburg is a finely balanced operation. The 29-year-old has to provide for his young son but also needs to cut costs. read more
SA set to remain a net importer of wheat

SA set to remain a net importer of wheat

09/05/2019 - 10:22
Despite improvements in production, the country will not be able to meet demand and imports could keep driving up food inflation. read more
Business leaders offer president tips to grow economy post elections

Business leaders offer president tips to grow economy post elections

06/05/2019 - 16:22
South African business leaders are in harmony on what the country needs after this week’s elections. read more
How imports threaten survival of SA’s small chicken farmers

How imports threaten survival of SA’s small chicken farmers

06/05/2019 - 14:39
The SA Poultry Association has warned that more local chicken farmers could soon go out of business due to cheap Brazilian imports. read more
SA's trade surplus widens in March

SA's trade surplus widens in March

06/05/2019 - 11:18
SA recorded a trade surplus of R5bn in March, as growth in exports exceeded growth in imports for the second month in a row. read more
Consumer confidence plummets to lowest since 2017

Consumer confidence plummets to lowest since 2017

24/04/2019 - 11:24
Consumer confidence plummeted in the first quarter of 2019 to levels last seen during the death throes of Jacob Zuma's presidency. read more
Retail sales beat expectations in February

Retail sales beat expectations in February

19/04/2019 - 12:39
SA shoppers spent more than expected in February, with retail sales growing 1.1% year on year, led by expenditure in the textiles, footwear and clothing sector. read more
Chicken prices may spike by up to 32% due to tariff increases, says importers

Chicken prices may spike by up to 32% due to tariff increases, says importers

18/04/2019 - 09:22
Increasing tariffs on imported poultry products could hike chicken prices by up to 32%, says consumer bodies and importers and exporters organisation. read more
Inflation accelerates in March after painful fuel price increase

Inflation accelerates in March after painful fuel price increase

17/04/2019 - 13:29
Another fuel price hike in March led to inflation hitting the midpoint of the Reserve Bank’s 3%-6% target range.  read more
Moody’s expects SA confidence to rise after elections

Moody’s expects SA confidence to rise after elections

17/04/2019 - 09:13
SA is expected to see a surge in confidence following the elections in May, as the current administration under President Cyril Ramaphosa is continuing to gradually move forward with the implementation of its reform agenda, Moody’s Investors Service said. read more
SA dairy exports doing well

SA dairy exports doing well

16/04/2019 - 15:42
Dairy imports for February were 4 110 tons at a cost of R172 million. South Africa imported mainly from France (28%) New Zealand (28%), Germany (13%), Poland (8%) and Ireland (4%). Dairy imports for this year are low compared to last year, largely due to limited UHT imports. The main dairy products imported in February were whey (34%), milk powder (22%) and cheese (18%). UHT as a percentage of total imports was less than 1%.  read more
Motorists should brace for another petrol shock

Motorists should brace for another petrol shock

16/04/2019 - 08:20
Unexpectedly strong international fuel prices have raised the likelihood of an unwelcome fuel price hike for petrol users in May.  read more
Manufacturing growth remains tepid in February

Manufacturing growth remains tepid in February

12/04/2019 - 09:24
Manufacturing production grew 0.6% in February after the sector saw subdued growth of 0.3% in January. This was slightly above the Bloomberg consensus of 0.5%.  read more
SA makes its mark in fisheries economy

SA makes its mark in fisheries economy

10/04/2019 - 11:11
South Africa is no longer a spectator country in the business of the ocean and fisheries economy, says Minister of Agriculture Forestry and Fisheries Senzeni Zokwana. read more
Exports to Brazil take off over South American trade deal

Exports to Brazil take off over South American trade deal

10/04/2019 - 11:03
The ratification of trade agreements between the Southern African Customs Union (Sacu) and the Southern Common Market (Mercosur), a South American trade bloc, has been a key driver of the increase in exports to Brazil.  read more
SA is experiencing net equity outflows

SA is experiencing net equity outflows

09/04/2019 - 10:05
The Institute of International Finance (IIF) said that its daily tracker showed South Africa experienced net outflows of non-resident portfolio equity in the first quarter while debt flows recovered only modestly.  read more
No more load-shedding - Eskom's plan

No more load-shedding - Eskom's plan

04/04/2019 - 11:33
Gordhan said Eskom’s goal is to ensure there will be no load-shedding from 3rd April 2019 – but admitted there is a lot of hard work ahead for the company.  read more
Petrol price shock - April will be tough for SA

Petrol price shock - April will be tough for SA

02/04/2019 - 11:09
April will be a difficult month for South Africa with a slew of price hikes expected to take a punishing toll on consumers and the ailing economy. read more
News not all bad for food prices

News not all bad for food prices

01/04/2019 - 14:51
Rising fuel and electricity prices and a weaker rand could feed into higher food inflation, but economists expect the uptick to be relatively moderate. read more
Producer inflation rises slightly faster than expected in February

Producer inflation rises slightly faster than expected in February

29/03/2019 - 10:38
Rising fuel costs pushed producer inflation upwards in February, snapping a two-month streak of moderating pressure on prices. read more
2019 Wine grape harvest may be smaller

2019 Wine grape harvest may be smaller

27/03/2019 - 10:20
With close to two-thirds of this season’s wine grape harvest already in cellars, the most recent estimate indicates that the harvest may be somewhat smaller than the previous year.  read more
Agriculture's important contribution to SA economy

Agriculture's important contribution to SA economy

26/03/2019 - 10:17
The South African agricultural industry might be seen by some as simply another role player in the economy, but our farmers cannot be thanked enough for the absolutely necessary work they are doing. read more
 Load shedding threatens jobs, economic recovery, says consumer body

Load shedding threatens jobs, economic recovery, says consumer body

22/03/2019 - 13:31
Load shedding, which has been escalated to Stage 4, is posing a significant risk to economic recovery, the Consumer Goods Council of South Africa said in a statement, as rotational blackouts continued to grip the country. read more
Retail sales recover in January after dismal December figures

Retail sales recover in January after dismal December figures

22/03/2019 - 09:23
Retail spending showed signs of recovery in January, growing 1.2% on an annualised basis, slightly faster than analysts had expected. read more
SA beef export market reopens to the Middle East

SA beef export market reopens to the Middle East

22/03/2019 - 08:23
The recently held Gulfood Trade Show 2019, which took place at the Dubai World Trade Centre, saw the reopening of beef trade between South Africa and the Middle East. read more
Business counts cost as Eskom battles power shortages

Business counts cost as Eskom battles power shortages

20/03/2019 - 09:14
State utility Eskom will make more power cuts this week as it struggles with capacity shortages that threaten to stymie President Cyril Ramaphosa’s efforts to boost investments and economic growth. read more
SA meat price inflation to remain subdued due to foot-and-mouth outbreak

SA meat price inflation to remain subdued due to foot-and-mouth outbreak

19/03/2019 - 11:27
SA’s meat price inflation could remain subdued in 2019 as a ban in exports could increase local supplies, according to the Agriculture Business Chamber (Agbiz), an organisation that represents commercial farmers and agribusiness. read more
Manufacturing growth far lower than expected

Manufacturing growth far lower than expected

14/03/2019 - 15:46
The manufacturing sector saw tepid growth at the start of 2019. read more
Rise in electricity tariff could spike inflation, says Reserve Bank

Rise in electricity tariff could spike inflation, says Reserve Bank

14/03/2019 - 09:08
SA’s electricity tariff increases could push the inflation rate up by 0.75 percentage point, Reserve Bank deputy governor Kuben Naidoo said.  read more
SA business confidence falls to almost two-year low

SA business confidence falls to almost two-year low

13/03/2019 - 12:29
South African business confidence fell to the lowest level in almost two years in the first quarter, with more than two-thirds of respondents dissatisfied with current conditions.  read more
SA, Zim discussing state-guaranteed bank loan

SA, Zim discussing state-guaranteed bank loan

13/03/2019 - 11:49
South Africa is considering more loans to Zimbabwe, including state-guaranteed funding from banks to support its northern neighbour’s cash-strapped private sector. read more
Better than expected current-account deficit surprises analysts

Better than expected current-account deficit surprises analysts

13/03/2019 - 09:04
SA’s current-account deficit narrowed more than expected on a wider trade surplus in the fourth quarter. read more
Global economic slowdown and trade war hit risk appetite

Global economic slowdown and trade war hit risk appetite

12/03/2019 - 11:18
More and more evidence that the global economy is turning for the worst and the more aggressive stance of the US on trade tariffs against China had led to a sudden turn-around in risk appetite across the globe. read more
More pain for consumers as food prices, farmers to be affected by electricity hike

More pain for consumers as food prices, farmers to be affected by electricity hike

11/03/2019 - 08:55
Consumers are likely to be hit hard by rising food costs after Eskom was granted above-inflation price increases by the energy regulator for the next three years, according to FNB.  read more
Retail sales contract by 1.4%

Retail sales contract by 1.4%

06/03/2019 - 11:15
Retail sales for December 2018 contracted by 1.4% year on year, from a downwardly revised 2.9% year on year in November (previously 3.1%).  read more
GDP growth for 2018 slightly higher than expectations

GDP growth for 2018 slightly higher than expectations

05/03/2019 - 14:29
SA emerged out of 2018 with growth of 0.8% — which is slightly higher than expectations. read more
The financial burden that could still await SA’s poor

The financial burden that could still await SA’s poor

05/03/2019 - 10:52
While it seems as though South Africa’s lower economic classes have been given some relief in the 2019 Budget Speech, there may still be one more development in the pipeline that could weigh heavily on the poor.  read more
Producer inflation slows more than expected

Producer inflation slows more than expected

01/03/2019 - 12:06
Another substantial drop in fuel prices in January translated into a far sharper slowdown in producer inflation than economists had expected for a second consecutive month. read more
January 'dismal' as SA's lengthy slump continues

January 'dismal' as SA's lengthy slump continues

27/02/2019 - 08:50
There are indications that the downswing phase in the SA business cycle has entered its 61st month in January - making it nine months longer than the previous slump. read more
Food security low on the national agenda

Food security low on the national agenda

26/02/2019 - 14:27
According to the latest available research, 54% of South African households still experience hunger or the risk of hunger. This means that the people living in more than half of South African households do not have enough to eat or are not sure where their next meal is coming from. read more
Informal sector vital part of SA’s economy

Informal sector vital part of SA’s economy

26/02/2019 - 08:41
South Africa’s informal business sector serves a burgeoning consumer market worth more than R100billion in the country’s rural areas, townships and cities, presenting opportunities for corporates and traditional small businesses.  read more
SA will have to produce 50% more food by 2050 or face crisis

SA will have to produce 50% more food by 2050 or face crisis

20/02/2019 - 11:18
South Africa faces an impending food security crisis if there isn't urgent action to correct unsustainable practices, says an environmental organisation. read more
SA limped out of 2018 with growth below 1%

SA limped out of 2018 with growth below 1%

19/02/2019 - 14:20
SA will have limped out of 2018 with growth of below 1%.  read more
Eskom's woes could impact economic growth, with small businesses the hardest hit

Eskom's woes could impact economic growth, with small businesses the hardest hit

18/02/2019 - 11:32
There are warnings that continued load shedding will hamper South Africa’s economic growth, projected to modestly improve in 2019.  read more
Consumer spending rises in December 2018

Consumer spending rises in December 2018

16/02/2019 - 20:48
Consumer spend over the traditional holiday period in December reflected a year-on-year increase, according to BankservAfrica’s data which measured the value and volume of sales in December. read more
Latest retail sales figures show disappointing trend

Latest retail sales figures show disappointing trend

15/02/2019 - 10:01
Available economic activity data has shown that the economy ended last year on a weaker footing, with December retail sales figures being the latest to disappoint, declining for the first time in nearly two years.  read more
Mastercard Index: Love and pockets run deep in South Africa as Valentine’s Day spend soars

Mastercard Index: Love and pockets run deep in South Africa as Valentine’s Day spend soars

14/02/2019 - 10:07
According to the latest Mastercard Love Index, South Africans are willing to dig deeper into their pockets to spoil the ones they love on Valentine’s Day, splashing out on experiences like dining out and travel rather than on traditional gifts.  read more
Minuscule manufacturing growth in December, but outlook is positive

Minuscule manufacturing growth in December, but outlook is positive

12/02/2019 - 16:42
While manufacturing was subdued in December, the sector will give growth a slight boost in 2018, data from Statistics SA showed. read more
Western Cape has high hopes for marijuana market

Western Cape has high hopes for marijuana market

11/02/2019 - 10:32
The Western Cape believes the medical cannabis market has significant potential to boost the local economy and is moving fast to position itself as the country’s main hub for this new industry. read more
Cape wine production set to be low after 3-year drought

Cape wine production set to be low after 3-year drought

07/02/2019 - 19:19
The Cape's three-year drought has taken its toll on the wine industry and early indications are that this year's harvest will be even lower than the poor 2018 harvest. read more
Nigeria set to overtake SA as largest maize producer in sub-Saharan Africa

Nigeria set to overtake SA as largest maize producer in sub-Saharan Africa

07/02/2019 - 10:15
Nigeria is poised to overtake South Africa and become the largest maize producer in sub-Saharan Africa (SSA) in the 2018/19 production season, according to Wandile Sihlobo, an agricultural economist at the Agricultural Business Chamber (Agbiz) of SA. read more
SA could have major advantage with renewable energy, say experts

SA could have major advantage with renewable energy, say experts

06/02/2019 - 09:01
South Africa has a competitive advantage in renewable energy and could become a major destination for electricity-intensive industries once the wind and solar sector is ramped up. read more
Bans on some SA meat products relaxed after foot and mouth outbreak in Limpopo

Bans on some SA meat products relaxed after foot and mouth outbreak in Limpopo

04/02/2019 - 15:10
Restrictions on the export of South African processed meat products have been relaxed by some trade partners who halted imports following the outbreak of foot and mouth disease in Limpopo, the department of Agriculture, Forestry and Fisheries said. read more
The 7 factors that will shape SA's economy in 2030

The 7 factors that will shape SA's economy in 2030

01/02/2019 - 15:31
What will South Africa's economy look like in 10 years' time?  read more
Alcohol, clothes set to boost online retail sales to R20bn

Alcohol, clothes set to boost online retail sales to R20bn

01/02/2019 - 08:37
Retail sales in South Africa are expected to reach R20 billion in 2020 on the back of a surge in online sales of apparels, alcohol and tobacco products. read more
SA plants smallest maize area since worst drought

SA plants smallest maize area since worst drought

30/01/2019 - 11:57
South African maize farmers, who historically produce the continent’s biggest harvest, have probably planted the smallest area with the grain since the worst drought on record three years ago. read more
Consumers optimistic about SA economy, household finances

Consumers optimistic about SA economy, household finances

29/01/2019 - 14:51
Consumers are fairly optimistic that the outlook of the SA economy and their household finances will improve over the next 12 months, the FNB/BER Consumer Index has revealed.  read more
Value of wine exports up despite drought in Western Cape

Value of wine exports up despite drought in Western Cape

28/01/2019 - 09:41
The value of wine exports grew by 4% in 2018, despite a difficult season and a long-term trend of producers dwindling. read more
Consumer confidence remains flat but things might be looking up

Consumer confidence remains flat but things might be looking up

24/01/2019 - 13:27
Consumer confidence remained at its 2018 low of 7 in the fourth quarter of 2018. read more
What Zimbabwe’s problems mean for South Africa’s economy

What Zimbabwe’s problems mean for South Africa’s economy

23/01/2019 - 11:35
Concerns were raised on Monday (21 January) after South African finance minister, Tito Mboweni, indicated that he was in talks to help bail out Zimbabwe.  read more
Inflation falls to 4.5% for December

Inflation falls to 4.5% for December

23/01/2019 - 10:04
Annual headline consumer price inflation moderated to 4.5% for December, according to Statistics South Africa.  read more
Economic turbulence anticipated for 2019

Economic turbulence anticipated for 2019

21/01/2019 - 10:36
SA will likely experience a slight pick-up in economic activity this year, but its economic problems are too deep-seated and its political constraints too binding to allow for meaningful economic reform and a return to rapid growth any time soon. read more
Black Friday boosts November’s retail sales

Black Friday boosts November’s retail sales

16/01/2019 - 14:12
Consumers came under pressure in 2018, with the first VAT hike in two decades and steep fuel price increases.  read more
Another boost for the manufacturing sector in November

Another boost for the manufacturing sector in November

14/01/2019 - 11:09
Production from SA’s factories continued to improve in the last quarter of 2018, data from Statistics SA (Stats SA) showed.  read more
Retail sector facing subdued operating conditions

Retail sector facing subdued operating conditions

10/01/2019 - 08:44
Despite South Africa exiting the technical recession following growth in the economy in the three months to September, the outlook for the country’s retail sector for 2019 continues to be subdued. read more
Factory owners end 2018 in upbeat mood

Factory owners end 2018 in upbeat mood

09/01/2019 - 14:03
Activity in the manufacturing sector reached its best level in 2018 in December, ending the year on a strong note. read more
SA records trade surplus in November

SA records trade surplus in November

07/01/2019 - 08:43
SA recorded a trade surplus of R3.49bn in November, statistics released by Sars reveal. However, for the 11 months to end-November, there was a trade deficit amounting to R4.16bn, a deterioration on the surplus for the comparable period in 2017, of R62.3bn.  read more
SA food and non-alcoholic beverages inflation unchanged

SA food and non-alcoholic beverages inflation unchanged

20/12/2018 - 15:33
South Africa’s food and non-alcoholic beverages inflation has bottomed out and will begin an upward cycle in the coming months, supported by an increase in agricultural commodities prices. The headline number will probably increase marginally as we expect the uptick in cattle and sheep slaughtering activity to contain meat price inflation at fairly lower levels in the near term which will, in turn, influence the overall increase. read more
The magnetic relationship between news and movement in the forex market

The magnetic relationship between news and movement in the forex market

20/12/2018 - 09:04
Currency value can be affected by a million different news stories during the course of the day - influencing small or significant movements in the forex. News and events are usually centred on either economic, political or banking policy, although there are other ways in which the news can influence and affect both large and small-scale price movements. read more
SA preparing for all Brexit outcomes

SA preparing for all Brexit outcomes

19/12/2018 - 08:05
South Africa's Department of Trade and Industry (dti) is preparing for all eventualities regarding Brexit, says Minister of Trade and Industry Rob Davies.  read more
Farm and factory gate inflation slows slightly

Farm and factory gate inflation slows slightly

14/12/2018 - 09:00
Falling fruit and vegetable prices helped slow producer inflation in November. read more
SA to spend more than R200bn over the festive season

SA to spend more than R200bn over the festive season

13/12/2018 - 09:57
South Africans are set to spend over R200bn this festive season, with an average of nearly R6 000 each, a recent survey has found. read more
Retail sector notches up better than expected growth for October

Retail sector notches up better than expected growth for October

13/12/2018 - 08:11
The retail sector experienced bigger than expected growth at the start of the fourth quarter. read more
Annual manufacturing growth in October beats expectations

Annual manufacturing growth in October beats expectations

11/12/2018 - 20:21
Production from SA’s factories was boosted considerably in October compared with the same month in 2017, Statistics SA reported. read more
Retail sector showing signs of revival

Retail sector showing signs of revival

10/12/2018 - 11:49
A study by the Bureau of Economic Research (BER) has shown that the retail sector showed signs of a revival in the last three months of the year after the sector ran into trouble in the third quarter of the year.  read more
Global unemployment at lowest level in almost 40 years

Global unemployment at lowest level in almost 40 years

10/12/2018 - 09:32
While global unemployment has fallen to its lowest level in almost 40 years, SA is among four countries with an unemployment rate higher than that immediately preceding the 2007/08 global financial crisis. read more