Tag Archiveseconomy

samapfeat

Pax Africana: How (South) Africa can forge its own economic destiny

By Rahima Cassim, fund manager at Ashburton Investments South Africa is a country of tremendous promise. It’s a dynamic land with the potential for integrated prosperity. Sadly, in the recent past, the forces created by this dynamism have failed to live up to the country’s potential. Rather than focusing inwards, many now believe South Africa’s secret to […]

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IMF, Treasury, economy, GDP, unemployment, International Monetary Fund

SA foreign & local currency ratings affirmed at ‘BB’ and ‘BB+’, outlook stable

Last night S&P Global Ratings affirmed its ‘BB/B’ long- and short-term foreign currency sovereign credit ratings and its ‘BB+/B’ long- and short-term local currency sovereign credit ratings on South Africa. The outlook is stable. The Transfer and Convertibility (T&C) assessment is ‘BBB-‘. S&P also affirmed the ‘zaAA+/zaA-1+’ long- and short-term South Africa national scale ratings.   […]

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President Cyril Ramaphosa

Ramaphosa launches new investment drive

In the State of the Nation Address in February, President Cyril Ramaphosa announced that a central priority for government this year is to encourage significant new investment in the economy. Today, the president launched an ambitious new investment drive. (more…)

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Brian Kantor

‘We need to simplify, privatise and let the invisible hand do its work’

In South Africa, service delivery in the private sector is deemed efficient, in that local businesses generally do deliver goods and services to their valued customers because they have reputations to protect. These reputations are the source of highly valuable repeat business and are subject to competition for the budgets of households. (more…)

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FNB Media Image Small Savings _ Low Res

SA’s major banks post solid financial results amid economic uncertainty

SA’s major banks produced a solid set of financial results for the reporting period ended 31 December 2017, despite an operating environment marked by intense levels of policy and economic uncertainty. (more…)

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Herschel-Jawitz1

What lies ahead for residential property?

The gradual slowdown in the rate of growth in property prices across the country has left homeowners, buyers and investors wondering what could be in store for residential property for the rest of this year. (more…)

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Prof Raymond Parsons

Getting fiscal ‘mix’ right in Feb 2018 Budget a major determinant of investment status

Credibility and confidence in economic policy will be key factors in evaluating the latest fiscal response to recent credit rating agency decisions.  That’s the word from NWU School of Business and Governance Economist, Professor Raymond Parsons. “The decision by President Jacob Zuma to instruct the Presidential Fiscal Committee to actively tackle four key areas of […]

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interestratesignfeat

SARB expected to remain in rate-cutting cycle

Weak economic growth, heightened political uncertainty and a potential fiscal fallout will make for a very cautious South African Reserve Bank (SARB) monetary policy decision on Thursday. (more…)

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