Tag: Economy
Energy, water are ‘huge’ opportunities, says Ramaphosa investment envoy
Mining, energy, water, manufacturing and agri-processing are industries that present “huge opportunities” for investors looking at South Africa, according to Jacko Maree, one of the...
6 reasons why the rand is back from the dead
The rand has seen strong gains in recent days – rallying from R15.04/$ to R14.22 in a week.
Here are some of the...
SA could face another VAT increase, say experts
South Africans should brace themselves for the possibility of another VAT hike as Sars struggle to raise enough tax.
Senior tax consultant Bernard...
Pick n Pay’s massive price cuts boost profits
CAPE TOWN – Retailer Pick n Pay said on Tuesday that half-year profits before tax grew by 19.1 percent, as it released its interim...
How a solar plant is changing the fortunes of a small-town economy
The railway town of Touwsrivier is hardly the thriving economy it once was. But the presence of a solar plant will hopefully be the...
Why you can’t charge interest if you lend money to a friend
It is one of the most famous lines from Shakespeare’s Hamlet - “Neither a borrower, nor a lender be; for loan oft loses both...
‘Emerging economies struggle to contain capital outflows’
NUSA DUA - After suffering months of capital outflows, policy makers from emerging markets attending IMF-World Bank meetings in Indonesia had a message for...
Here’s how much money the average Burger King makes in South Africa
Burger King has continued to make a loss in South Africa, with other international imports like Dunkin Donuts and Baskin Robbins not faring much...
Utter carnage on global markets – but these South African shares are rallying
Stock markets around the world were taking a hammering Thursday as rising fears about global economic growth and ongoing trade tensions continued to rattle...
Grand Parade chairman declares war against shareholders
Hassen Adams, founder and executive chairman of Grand Parade Investments (GPI), is fuming and has accused a small group of shareholder activists of launching...
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Why AI is both a risk and a priority defence tool
Cyber security in the age of AI is a key topic for the forthcoming ITWeb Security Summit, to be held in Cape Town and...