Tag: Economy
ArcelorMittal South Africa loss deepens
ArcelorMittal South Africa reported a deeper first-half loss on Thursday but forecast growth in steel demand in Africa in the second half. Headline losses grew...
Rand unlikely to weaken further on rate cuts
Although the rand briefly weakened on the back of the surprise interest rate cut last week, it does not mean the currency will persistently...
The African Business Outlook
The African Business Outlook is looking quite bleak, with corruption and a lack of adequate infrastructure seeming to be the biggest problems in the...
Sturrock Grindrod Maritime continues to make waves, despite SA’s economic headwinds
Suppliers of an evolving range of marine related logistical services over the past 25 years, Sturrock Grindrod Maritime’s (SGM) activities now cover sub-Saharan Africa,...
SA motor industry holding up well in turbulent economic environment
The South African motor industry is holding up surprisingly well in a tough economicenvironment that is being exacerbated by political turmoil. This is the opinion of renowned economics commentator Dr Azar Jammine, Director and...
More jobs created in agriculture
Jobs in the Western Cape’s agriculture sector have increased by 17%, according to the latest figures from Statistics South Africa. Alan Winde, Minister of...
SA economy sheds another 48 000 jobs in 1st quarter of 2017
Employment has decreased by 48 000 jobs to 9.644 million in the formal non-agricultural sector in the first quarter of 2017, compared with the previous...
Cape property rocks
Cape Town-based property companies – especially those pitched at specialist nodes - are chugging along nicely despite large tracts of the South African real...
SA officially in recession after shock GDP number
The plunge into a technical recession is the result of the failure to manage our economy efficiently and bad governance," says the Cape Chamber...
Public Works’ plan to transform the property sector
The Department of Public Works is set to finalise the Baseline Study on the Transformation of the Property Sector in order to realise the...
MUST READ
Independent Energy Pool says wheeling electricity will depend on the ‘bankability’of...
By Larry Claasen
THE reliability of metros as partners will be a key factor when it comes to the development of an energy market in...